Financial Investment Report 2026

This year’s Financial Investment Report from UK Government Investments brings together data from government departments, arm’s length bodies and designated public financial institutions to analyse the UK government’s £52bn investment portfolio.  

The report delivers additional transparency and accountability through increasingly detailed analysis of the portfolio’s value, performance and risks through data provided to UKGI for this report.  

Financial transactions are an increasingly important tool for delivering the government’s priorities, allowing public money to be used to support investment, address market failures and mobilise private capital. As their use grows, it is vital that government understands not only the outcomes they deliver, but also the financial performance and risks they create. This report plays a crucial role in providing a portfolio-wide view, strengthening transparency and supporting better management of public money.

– Siobhán Duffy, Director of UKGI’s Financial Instruments and Transactions Advisory Group (FInTAG)  

This report:  

• Outlines and analyses changes in the aggregate value and distribution of the investment portfolio and how these investments have been valued (Chapter 2) 

• Explores the performance of the government’s financial investments, based on financial returns and other key metrics (Chapter 3) 

• Examines the level of risk within the government’s portfolio of investments (Chapter 4) 

• Identifies how government can improve the monitoring and management of its financial investments (Chapter 5) 

This work demonstrates the government’s commitment to provide increased transparency around its investments as set out in the Financial Transaction Control Framework.  

The Financial Instruments and Transactions Advisory Group (FInTAG) is an analytical and advisory unit within UKGI. FInTAG was established to strengthen expertise on contingent liabilities, and analysis of loans and equity investments within government.  

This report is one facet of FInTAG’s work to examine, report and advise on government’s exposure to contingent liabilities and financial investments, with the overriding ambition to improve decision making.   

Read more about FInTAG’s work on the website page – Financial Instruments and Transactions – UK Government Investments (UKGI).