The University's financial year runs for a 12-month period from 1 August to 31 July.
Sources of University funding, income, and financial statements
Our Financial Statement summarises our income and expenditure for each financial year. We publish our Financial Statement annually, usually in December. Each statement includes information about the University's expenditure including staff costs, pension costs, other operating expenses, investments, and reserves, as well as a report from the external auditors. The auditors have a statutory duty to examine and give an opinion on the University's annual financial statement and assess the overall use of public resources.
HESA publishes data on all aspects of the UK higher education sector. This includes information about the income, expenditure, and financial statements of the University and other HE providers.
We publish list of our investments (PDF, 127KB) in both overseas and UK companies. Our Ethical Investment Policy (PDF, 70KB) applies to the full scope of the investments held by the University.
Details of expenditure over £25,000, including costs, supplier and transaction information may be available on request subject to FOI exemptions regarding commercial interests and confidentiality. To request expenditure, please contact the Legal & Governance Team by email foi@liverpool.ac.uk.
Capital programme
Information about the University's capital programme is included in our Estates Strategy 2031+. Progress on the University's capital programme is published in our Financial Statement.
Financial regulations and procedures
Our Financial Regulations apply to all financial businesses of the University of Liverpool and associated legal entities, irrespective of the source of funding. To request a copy of the Regulations, please contact the Legal & Governance Team by email foi@liverpool.ac.uk.
Staff allowances and expenses
The University has the following policies relating to staff allowances and expenses:
- Additional Responsibility, Acting Up & Secondment Policy
- Travel & Expenses Policy
- Market Supplements Policy
- Pay Protection Scheme
- Sick Pay Entitlements
- Strategic Reward for Senior Staff Policy
To request a copy of any policies without a link, please contact the Legal & Governance Team by email foi@liverpool.ac.uk.
Expenses claimed by the Senior Leadership Team
The University publishes details of expenses submitted by, and paid to, the Vice-Chancellor and members of Senior Leadership Team. These are updated quarterly.
Staff pay and grading structures
The University has a single pay spine and grade structure for academic and non-academic staff below senior staff grades.
Details of the Vice-Chancellor’s pay and benefits, as well as salaries of staff earning over £100,000 per annum, are published in our Financial Statement.
Salary for the Vice-Chancellor is set by Remuneration Committee - part of the University’s Council, its governing body - which comprises independent external members of Council, who possess commercial and public sector pay knowledge and expertise. The Vice-Chancellor is not a member of the committee. The Vice-Chancellor is invited to attend the Committee’s meeting to advise the committee on agenda items that do not relate to their own performance, salary, or other potential benefits. The Vice-Chancellor does not have a company car or chauffeur for their sole use. The Vice-Chancellor has access to a pool car alongside other members of the Senior Leadership Team.
Register of suppliers
The University supplier database includes organisations with formal agreements as well as others with which the University has previously, or is currently, engaged in business. This information is not publicly available. To request information contained in the register, please contact the Legal & Governance Team by email foi@liverpool.ac.uk.
Procurement and tender procedures
The University of Liverpool is a member of the North Western Universities Purchasing Consortium and much of what we buy is through framework agreements created by this and other HE consortia throughout the country. Read more about the University's procurement procedures on the for external suppliers section on the Procurement website.
View a list of current tenders/contracts/quotations on our e-tendering website. You can also view information on contracts that have already been awarded.
The University of Liverpool has reviewed its governance and income as stated in its audited financial statements for the year ended 31 July 2023. It has determined that it is not a contracting authority for the purposes of EU public procurement regime as implemented by the Public Contracts Regulations 2015 (as amended).
Contracts
Details of contacts that exceed £25,000 may be available on request subject to FOI exemptions regarding commercial interests and confidentiality. To request this information, please contact the Legal & Governance Team by email foi@liverpool.ac.uk.
Research funding
High level information about research funding is included in our Financial Statement.
University income from research grants and contracts is publicly available from HESA.
Other information on research funding may be available on request subject to FOI exemptions regarding commercial interests, confidentiality, and future publication. To request information, please contact the Legal & Governance Team by email foi@liverpool.ac.uk
TU Facility Time Reporting
The University, as a public sector employer, is required to report on the use of trade union facility time each year. This includes the amount and cost of facility time. This is published by the Cabinet Office on GOV.UK.
Page updated: 13 February 2025
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