Sections · PESA departmental group

HM Treasury

HM Treasury's group, which carries most of the interest on central government debt. In 2025-26 the bodies in this section spent £131.7bn on services. £129.5bn of it (98.3%) can be followed to who received it, and at most 98.4% counting payees who are named but can't be identified yet.

Reached an identified organisation
Reached a recipient the publisher did not name
Reached people, counted by benefit
Reached staff (pay) or holders of government debt (interest), followed as one published total
Named payee, not yet identified (may be another public body)
Not followed

£131.7bn

spent on services, 2025-26 (PESA 2026, table 5.1)

98.3%

followed (98.3% counting outturn only)

£2.2bn

not followed at all, not even to a named payee

£168m

passed on to other public bodies: counted where they spend it

How far it is followed, and why the rest can't be

Interest on debt: followed as one total£129.2bnmeasured
Paid to the holders of gilts and other government debt. Holders are never published one by one, so this is followed as far as it goes, to the holders as a whole, and counted as followed.
Below the publication threshold
Payments under £25,000 (central government and the NHS) or £500 (councils) are not published one by one. Some publishers list every payment anyway; most do not.
Pay: followed to staff as one total£337mmeasured
Wages are never published person by person, and must not be. The staff costs of the 4 bodies in this section, from HM Treasury's OSCAR database (2025-26, provisional outturn), are counted as followed to their staff.

Where the records come from

Each publisher's 2025-26 payment records, and where their money went. "Identified" means matched to a registered company, charity or other organisation outside government; "named only", a payee named in the record but not yet matched; "passed on", paid to another public body.

Publisher	Months	Records	Identified	Named only	Withheld	Passed on
HM Treasury	12	1,189	£35m	£14m	£0	£168m

What PESA says this section spends on

Function	2025-26	Share
General public services	£131.6bn	100%
Economic affairs	£313m	0%
Social protection	£5m	0%