Corporate report

National Wealth Fund Limited Annual Report and Accounts 2024–2025

This is the Annual Report and Accounts for the National Wealth Fund, formerly the UK Infrastructure Bank.

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Details

The Annual Report and Accounts for 2024-25 covers the periods before and after the transformation from the UK Infrastructure Bank to the National Wealth Fund. The report covers budget and finances for the year, audited by the National Audit Office. It also sets out the organisational structure, achievements, and performance against objectives.

Updates to this page

Published 31 October 2025

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