Written questions, answers and statements

National Productivity Investment Fund

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Question for Treasury

UIN 199322, tabled on 5 December 2018

Question

Mr Gregory Campbell
Democratic Unionist Party
East Londonderry
Commons

To ask the Chancellor of the Exchequer, what estimate he has made of the amount of money the National Productivity Investment Fund will allocate in each of the next five years.

Answer

Robert Jenrick
Conservative
Newark
Commons

Answered on

10 December 2018

The National Productivity Investment Fund (NPIF) will provide £37 billion of capital investment between 2017-18 and 2023-24 to support jobs and growth.

The Chancellor has set out how over £27 billion of this funding will be allocated across housing, transport, digital infrastructure and R&D. The remaining funding will be allocated at future fiscal events.

A breakdown of allocations can be found on page 54 of the Autumn Budget 2018 document: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752202/Budget_2018_red_web.pdf

Answered by

Treasury
Named day
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