A coalition of unions, charities and thinktanks is urging the UK government to strengthen the National Wealth Fund and give it greater financial independence.
The groups say a larger fund could finance infrastructure, support industries, lower energy costs and create jobs, particularly in struggling regions. The fund currently has £5.5bn available annually, while Germany’s KfW lent €62bn in 2025.
They argue stronger public investment could help unlock private-sector funding and boost long-term economic growth.
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