Written Question·Treasury·UIN 92324

National Wealth Fund: Defence

Tabled: 18 November 2025
Answered: 25 November 2025

Question

Euan Stainbank

LabourFalkirk

To ask the Chancellor of the Exchequer, whether the £200m National Wealth Fund allocation to Grangemouth could be used for Ministry of Defence projects.

Answer

James Murray
As set out in the Chancellor’s Statement of Strategic Priorities to the National Wealth Fund, it should consider the role it can play in supporting the delivery of the wider Industrial Strategy, including in defence.