National Productivity Investment Fund:Written question - 199322

Q
(East Londonderry)
[N]
Close

Named Day

'Named day' questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.

Asked on: 05 December 2018
Treasury
National Productivity Investment Fund
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.
A
Answered by: Robert Jenrick
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

Share this page