Financial assumptions

Key assumptions around the financial planning, oversight and management of the Business Plan.

Robust financial planning, oversight and management underpin delivery of this Business Plan.

Key assumptions are as follows:

  • budget confirmation pending: Our 2026-27 budget has not yet been confirmed. Current indicative planning assumes a flat-cash settlement relative to 2024-25 baseline funding
  • spending review outcomes: We are awaiting outcomes from several spending review funding bids. These will determine whether certain planned activities can proceed as set out in this document
  • operating model review: We are reviewing our operating model to ensure it is optimally structured to deliver 2026–29 strategy ambitions and business plan priorities. This review may result in changes to our financial profile

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