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UK public spending on tertiary education by year

Public spending on universities and other higher education.

Spending, 2025-26
£4.6 billion
HM Treasury, PESA

HM Treasury's Public Expenditure Statistical Analyses (PESA) put public spending on tertiary education at £4.6 billion in 2025-26. In 2024-25 it was £4.8 billion, so the cash figure changed by -3.1%. The highest year in these tables is 2023-24, at £7.2 billion.

£7.2 billion£4.4 billion 2016-172025-26
Every value in the official series, 2016-17 to 2025-26.

Spending by year

YearCashChange on previous yearEdition
2025-26£4.6 billion-3.1%PESA 2026
2024-25£4.8 billion-33.1%PESA 2026
2023-24£7.2 billion+57.0%PESA 2026
2022-23£4.6 billion-3.4%PESA 2026
2021-22£4.7 billion-3.0%PESA 2026
2020-21£4.9 billion+11.3%PESA 2021
2019-20£4.4 billion-5.4%PESA 2021
2018-19£4.6 billion-14.7%PESA 2021
2017-18£5.4 billion-10.7%PESA 2021
2016-17£6.1 billionPESA 2021

PESA Table 5.2, line "9.4 Tertiary education". About these figures · CSV

Sources and receipts