
The estimates set the spending ceiling for UK public services in 2025‑26, shaping fiscal discipline and influencing economic outlook. They signal government priorities and affect market expectations for taxation and borrowing.
Supplementary Estimates are a cornerstone of the UK’s annual budgeting cycle, arriving after the main budget to fine‑tune departmental spending. Unlike the primary budget, these estimates focus on voted expenditures that have already been approved in principle, ensuring that ministries receive the cash, capital, and resource allocations needed to maintain services and launch new programmes. By publishing both web‑friendly and print versions, HM Treasury reinforces transparency while complying with accessibility standards for users of assistive technology.
For individual departments, the 2025‑26 estimates provide a clear financial roadmap. Capital‑intensive projects—such as infrastructure upgrades, defence procurement, and digital transformation—are earmarked alongside operational cash flows, allowing ministries to plan procurement cycles and staffing levels with confidence. The accompanying Excel DEL tables break down allocations by line‑item, offering analysts granular insight into where government is prioritising investment. This level of detail supports fiscal accountability and enables parliamentary scrutiny of spending efficiency, especially as the Treasury balances inflationary pressures with growth objectives.
From a market perspective, the supplementary estimates serve as an early indicator of the UK’s fiscal stance for the coming year. Investors watch the scale of capital spending and cash provisions to gauge potential impacts on public‑sector borrowing and tax policy. A modest increase in expenditure may signal confidence in economic recovery, while tighter limits could reflect a precautionary approach to debt management. Consequently, the estimates influence bond yields, currency valuations, and corporate investment decisions, underscoring their relevance beyond Westminster’s walls.
Corporate report
HM Treasury has published the Supplementary Estimates for 2025-26.
Documents
PDF, 7.24 MB, 720 pages
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PDF, 7.72 MB, 722 pages
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MS Excel Spreadsheet, 34 KB
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Details
The Supplementary Estimates, presented to the House of Commons on 10 February 2026, seek parliamentary authority for voted expenditure by government departments for 2025-26. The estimates seek parliamentary authority for resources, capital and cash, both for existing services and for any necessary new services.
Published 10 February 2026
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