Those new Public Procurement Thresholds

 Here are those new Threshold values I mentioned earlier.  They apply from 1 January 2026  and will not change for 2 years.

The values are lower in both GBP and EUR, despite global inflation being in the range of 3% to 5% (obviously significantly different in any individual country).  I have to say that I am not sure what is happening here...

The Thresholds are denominated in Special Drawing Rights (SDR) which are based on a basket of currencies including Sterling and EUR (and USD, Yen and Yuan).  So they should not change a lot.  And I cannot see whether the underlying values in SDR have changed, nor why they have not been adapted to take account of inflation.

Anyway, the new (and old) values for the UK are below.