UKSIF response: Treasury Select Committee – Can the National Wealth Fund Move the Dial on Growth?
Our response to the Committee’s inquiry on the National Wealth Fund encourages policymakers to consider how the newly established NWF can be most effective in crowding in private capital, and what role it can play in the UK’s net zero transition and help to stimulate growth.
We cover:
- The National Wealth Fund’s strategic objectives
- The priority sectors for investment
- How attractive the National Wealth Fund will be as a partner for the private sector
- The potential to crowd out private investment
- Similarities to UKIB
- Independence from Treasury
- Criteria for success
- Risks that arise from the creation of the National Wealth Fund
