Our latest industry update, Outlook, confirmed an unchanged 2024/25 levy forecast of £265m. No additional levy is expected from firms for the remainder of the financial year. It also provided an initial 2025/26 levy forecast of £394m. We expect to pay similar amounts of compensation to 2024/25; however, the levy is forecast to be higher as lower surpluses will be taken forward. For more information, read Outlook here: https://lnkd.in/e24EGKda