A coalition including the Trades Union Congress (TUC), Greenpeace, WWF, and the New Economics Foundation has issued a formal request for the UK government to significantly increase the financial resources of the National Wealth Fund (NWF). The group argues that the current scale of the fund is insufficient to meet the country's economic and industrial needs.

The coalition suggests that by expanding the fund's "firepower," the government could better support the revitalization of industrial regions and facilitate a transition toward lower energy costs. The proposal emphasizes that a more robust NWF would act as a catalyst for high-quality job creation and help rebalance the national economy. The organizations involved are advocating for an overhaul that would transform the fund into a "world-leading" institution capable of driving long-term investment.

While the coalition frames the expansion as a necessary step for economic stability and environmental progress, the report does not detail the specific fiscal mechanisms required to fund this expansion or the potential impact on public debt. The proposal reflects a broader push from labor and environmental groups to see the state take a more active role in directing capital toward domestic infrastructure and green energy projects.