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Other liabilities (Tables)
12 Months Ended
Dec. 31, 2024
Other liabilities.  
Schedule of other liabilities

    

2024

    

2023

Other liabilities

£m

£m

Lease liabilities

630

670

Provisions for liabilities and charges

864

990

Retirement benefit liabilities (Note 5)

 

80

 

99

Accruals

 

1,353

 

1,411

Deferred income

 

394

 

402

Current tax

 

263

 

332

Deferred tax (Note 7)

99

141

Other liabilities (1)

918

1,157

Total

 

4,601

 

5,202

(1)

Other liabilities include liabilities of disposal groups of nil (2023 - £3 million).

Schedule of provisions for liabilities and charges

Litigation

Customer

and other

Commitments

redress

regulatory

Property

and guarantees

Other (1)

Total

Provisions for liabilities and charges

    

£m

    

£m

    

£m

    

£m

    

£m

    

£m

At 1 January 2024

 

486

 

156

 

99

 

78

 

171

 

990

Expected credit loss impairment release

(23)

(23)

Currency translation and other movements

(1)

(1)

(3)

(5)

Charge to income statement

194

30

47

301

572

Release to income statement

 

(137)

 

(23)

 

(36)

 

 

(46)

 

(242)

Provisions utilised

 

(122)

 

(35)

 

(19)

 

 

(252)

 

(428)

At 31 December 2024

 

420

 

128

 

90

 

55

 

171

 

864

(1)

Other materially comprises provisions for restructuring costs and provision for Bank of England Levy.