The Government Finance Function exists to enable the delivery of high-quality public services and to ensure that public money is spent efficiently and effectively. We are responsible for supporting the management of over £800 billion of public expenditure each year, as well as over £2,000 billion in assets and £4,500 billion of liabilities.
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New dawn for rail as South Western services return to public hands
Train operators will have to meet rigorous performance standards and earn the right to be called Great British Railways.
25 May 2025
South Western Railway services transferred to public ownership
South Western Railway services are now managed by DfT Operator Ltd (DFTO).
25 May 2025
Largest ever UK defence AI trial conducted across land, sea and air
Sailors and air crews are set to benefit from new artificial intelligence (AI) capabilities following the UK's largest ever multi-domain AI trial, bringing together land, sea and air equipment.
25 May 2025