Public Expenditure

(asked on 9th July 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government how much of the funds allocated to the devolved administrations they have been compelled by the Treasury to return on the basis of underspending as of 5 April.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 21st July 2025

Each devolved government is able to carry forward funding into future financial years. The Scottish and Welsh Governments each have a Reserve, and the Northern Ireland Executive has access to Budget Exchange. Details of these arrangements are outlined in the Statement of Funding Policy.

Outside of these arrangements, and for ringfenced non-Barnett funding, the devolved governments are required to return underspends to the UK Consolidated Fund at the end of the financial year, as with UK Government departments. This is the normal operation of the public spending framework, as set out in the Consolidated Budgeting Guidance.

Historical outturn data for the devolved governments up to the 2023-24 financial year is published in the most recent HMT Public Expenditure Statistical Analyses (PESA) publication from July 2024. [1] This publication will be updated later this year with Provisional Outturn for 2024-25.


[1] You can access this publication via this link: https://www.gov.uk/government/collections/public-expenditure-statistical-analyses-pesa.

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