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Provisions for liabilities and charges (Tables)
6 Months Ended
Jun. 30, 2024
Provision for liabilities and charges  
Schedule for 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.