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Provisions for liabilities and charges | 6 Months Ended
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Jun. 30, 2024
Provision for liabilities and charges |
Provisions for liabilities and charges | 11. Provisions for liabilities and charges ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | ​ |  | Financial |  |  |  |
​ | ​ | Customer | ​ | Litigation and | ​ | ​ | ​ | commitments | ​ | ​ | ​ | ​
​ | ​ | redress | ​ | other regulatory | ​ | Property | ​ | and guarantees | ​ | Other (1) | ​ | Total
​ | ​ | £m | ​ | £m | ​ | £m | ​ | £m | ​ | £m | ​ | £m
At 1 January 2024 |  | 486 |  | 156 |  | 99 |  | 78 |  | 171 |  | 990
Expected credit losses impairment release |  | — | ​ | — | ​ | — | ​ | (22) | ​ | — | ​ | (22)
Currency translation and other movements |  | 1 |  | 1 |  | — |  | — |  | (2) |  | —
Charge to income statement |  | 39 |  | 18 |  | 32 |  | — |  | 228 |  | 317
Release to income statement |  | (22) |  | (20) |  | (21) |  | — |  | (16) |  | (79)
Provisions utilised |  | (50) |  | (18) |  | (11) |  | — |  | (85) |  | (164)
At 30 June 2024 |  | 454 |  | 137 |  | 99 |  | 56 |  | 296 |  | 1,042
​
(1) | Other materially comprises of provisions relating to restructuring costs and Bank of England Levy. The charge for the year includes restructuring costs of £149 million and Bank of England Levy of £79 million.
​ Provisions are liabilities of uncertain timing or amount and are recognised when there is a present obligation as a result of a past event, the outflow of economic benefit is probable and the outflow can be estimated reliably. Any difference between the final outcome and the amounts provided will affect the reported results in the period when the matter is resolved.

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- Definition The disclosure of provisions. [Refer: Provisions] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
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- References No definition available. + Details
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