Written Question·Treasury·UIN 2746

National Wealth Fund: Devolution

Tabled: 30 August 2024
Answered: 5 September 2024

Question

Pete Wishart

Scottish National PartyPerth and Kinross-shire

To ask the Chancellor of the Exchequer, whether the devolved Administrations will have a role in determining where the National Wealth Fund is spent in those nations.

Answer

Tulip Siddiq
The National Wealth Fund will improve our ability to mobilise private capital in the UK’s most important sectors and assets, supporting thousands of jobs across the country, and playing a central role in our industrial strategy. And it will generate a ret...

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