We’ve acted fast to set up the National Wealth Fund. Former Governor of the Bank of England Mark Carney agrees. Hear more about why he backs the Fund to unlock private investment and boost growth.
Marc Pawson
2w
Norway 🇳🇴 never looked back with theirs! Should have set ours up years ago! 🇬🇧 great progress this week already! 👏🏻👏🏻
David Harris
2w
Michael Ambery and myself noted Future Fund in Australia 🇦🇺 and NZ Super Fund - 2002 in NZ. A great Sir Michael Cullen legacy ….
This is good that it’s set up quickly. It does ulitise a couple of existing bodies though including the UK Infrastructure Bank which was set up about three years ago. Being a ‘Norway of Wind’ is what providence has given us - let’s take it https://www.gov.uk/government/news/boost-for-new-national-wealth-fund-to-unlock-private-investment
David kliber
2w
Reading between the lines 7.3 billion from windfall tax will fund the new wealth fund. No guarantee of any return for the tax payer. rob the oil and gas companies to fund a loss making fund thats called a wealth fund. Bank of england previous boss backing it but not funding ! Sounds and looks like a major con, the public sucked into a false sense of security with no return on 7.3 billion. Maths from the kindergarten of folly.,
Donald Tosh
1w
Most dangerous words in the English language "I'm from the Government and I'm here to help"
Shmuel Zajac
1w
Professor John Hearn do you have a view on this "national wealth fund"? The name makes it sound marvellous....
Loving the ambition and speed we're seeing right now
Hmmm - of he's got a finger in it then be at least warey, if not afraid.