PRA publishes 2025/26 fees

The PRA has published details of its fees for 2025/26.

The Total Funding Requirement (TFR) will be �350.2m, 0.8% lower than the 2024/25 TFR of �353m.

The Annual Funding Requirement (AFR) for 2025/26 is �336.4m, up �5.1m from 2024/25 AFR of �331.3 million, and �7.7m higher than that proposed due to the PRA receiving an increased allocation of the BoE�s wider investment portfolio and central support costs, partially offset by a decrease in the pensions provision.