National Wealth Fund
What it examines
Examines the NWF’s risk appetite, investment returns, public accountability and relationship with the Treasury. The committee recommends clearer performance and evaluation measures, better coordination with the British Business Bank and consideration of market borrowing. The government’s January 2026 response favours improved coordination across existing institutions following its review of merger options.
Why it matters
Parliamentary scrutiny and the government’s response on how the UK’s policy bank should operate. Recommendations and responses are dated positions, not evidence that every proposal has been implemented.
Report published in October 2025. The linked government response was published on 15 January 2026.
Institutions and themes
Related documents
Catalogue entry reviewed 25 Sept 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.