Independent report
Report on the proposed subsidy to the National Wealth Fund by HM Treasury
The Subsidy Advice Unit (SAU) has published a report providing advice to HM Treasury (HMT) concerning its proposed subsidy to the National Wealth Fund.
Documents
Details
The SAU has published its report providing advice to HMT concerning its proposed subsidy to the National Wealth Fund.
The report includes the SAU’s evaluation of HMT’s Assessment of Compliance of its proposed subsidy with the requirements set out in the Subsidy Control Act 2022.
For more information visit the Referral of the proposed subsidy to National Wealth Fund by HM Treasury case page.
Updates to this page
Published 6 November 2025