National Wealth Fund

Summary

To ask the Minister for the Cabinet Office, with reference to his Department's guidance entitled Public Bodies Handbook – Part 2: The Approvals Process for the Creation of New Arm’s-Length Bodies, whether his Department's public bodies team assessed the N

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Timeline

1. 20 May 2025

   Written question

   To ask the Minister for the Cabinet Office, with reference to his Department's guidance entitled Public Bodies Handbook – Part 2: The Approvals Process for the Creation of New Arm’s-Length Bodies, whether his Department's public bodies team assessed the N

   Source: Commons

2. 29 May 2025

   Answer

   The UK Infrastructure Bank has become the National Wealth Fund with an expanded remit, therefore it is not a new ALB. It is captured by the government’s ongoing review of all ALBs, announced on 7 April. This review is part of the government’s plan to stre...

   Source: Written answer

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• · Cabinet Office · Answering body

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