UK PUBLIC CAPITAL MONITOR
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UK institutions and system

The Creation of the UK Infrastructure Bank

Independent scrutiny
Authors
National Audit Office
Publisher
National Audit Office

What it examines

Reviews Treasury’s establishment of UKIB and the Bank’s progress in developing structures and processes. It identifies work needed on investment needs, impact measurement and operational capability, without evaluating the success of the early investments.

Why it matters

Documents the institutional foundations and early challenges inherited by the National Wealth Fund.

Institutions and themes

National Wealth FundMandates and policyImpact and value for moneyGovernance and accountability

Catalogue entry reviewed 17 September 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.