National Wealth Fund

Treasury written question – answered at on 3 September 2024.

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Photo of Chris McDonald Chris McDonald Labour, Stockton North

What progress she has made with Cabinet colleagues on establishing a National Wealth Fund.

Photo of Emma Reynolds Emma Reynolds The Parliamentary Secretary, HM Treasury, The Parliamentary Under-Secretary of State for Work and Pensions

The government is working at pace to establish the national wealth fund which is critical to our growth and green energy missions.

It will crowd in investment from the private sector into the industries of the future and create jobs across the country.

The Chancellor will set out more detail at the international investment summit in October.

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