I am revising the 2025-26 Financial Directions to NHS England made on 31 March 2025 and setting the 2026-27 Financial Directions to NHS England.

The amendment to the total revenue resource use limit for 2025-26 has been agreed with NHS England, as required under section 223D(4) of the National Health Service Act 2006.

The Directions reflect recent funding settlements with HM Treasury and include a number of funding transfers from and between the Department of Health and Social Care and NHS England.

The 2025-26 total is as set out by HM Treasury at the Autumn Statement, with some additional transfers in-year including for pay, industrial action, and redundancy costs. The 2026-27 total is as set out by HM Treasury, with some additions from budgets held in the wider DHSC group.

Both Directions will be laid before Parliament and published on Gov.uk.

https://www.theyworkforyou.com/wms/?id=2026-03-25.hcws1457.0