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Written question asked by Chris Bloore (Labour) on Tuesday, 8 September 2026, in the House of Commons. It was due for an answer on Thursday, 10 September 2026. It was answered by Dan Tomlinson (Labour) on Wednesday, 16 September 2026 on behalf of the Treasury.


National Wealth Fund

Question

To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of allowing the National Wealth Fund to issue independent debt instruments.

Answer

The National Wealth Fund (NWF) currently has £27.8bn of financial capacity and is focused on deploying this existing capitalisation.

There are no current plans to allow the National Wealth Fund to issue independent debt instruments. Once the NWF exhausts its existing financial capacity, HM Treasury will assess the most value-for-money approach for further capitalising the NWF.


Secondary information

Type
Written question
Reference
28132
Session
2026-27
Subjects
National Wealth Fund
Link
View this Written question on www.parliament.uk