v3.25.4
Segmental analysis - Schedule of Operating Segments (Details) - GBP (£)
£ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying net interest income £ 13,230 £ 12,277 [1] £ 13,298 [1]
Underlying other income 6,192 5,726 5,331
Net income 19,422 18,003 18,629
Operating costs (11,966) (11,601) [1] (10,823) [1]
Underlying impairment (charge) credit (795) (431) [1] (303) [1]
Profit before tax 6,661 5,971 [1] 7,503 [1]
Loans and advances to customers 481,463 459,857  
External assets 944,072 906,697  
Customer deposits 496,457 482,745  
External liabilities 896,205 860,809  
Analysis of underlying other income:      
Underlying other income 6,192 5,726 5,331
Other items reflected in income statement above:      
Depreciation and amortisation 3,477 3,426 2,905
Defined benefit scheme credit (37) (11) (79)
Non-income statement items:      
Investments in joint ventures and associates at end of year 445 542  
Gain loss on sale of leased assets net operating leases 10 59 93
Non-current assets or disposal groups classified as held for sale 0 5,122  
Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying net interest income 13,635 12,845 13,765
Underlying other income 6,120 5,597 5,123
Net finance expense in respect of insurance and investment contracts 19,755 18,442 18,888
Operating lease depreciation (1,454) (1,325) (956)
Net income 18,301 17,117 17,932
Operating costs (9,761) (9,442) (9,140)
Remediation (968) (899) (675)
Total costs (10,729) (10,341) (9,815)
Underlying impairment (charge) credit (795) (433) (308)
Profit before tax 6,777 6,343 7,809
External income 19,755 18,442 18,888
External operating lease depreciation (1,454) (1,325) (956)
Inter-segment (expense) income 0 0 0
Loans and advances to customers 481,463 459,857 449,745
External assets 944,072 906,697 881,453
Customer deposits 496,457 482,745 471,396
External liabilities 896,205 860,809 834,088
Analysis of underlying other income:      
Underlying other income 6,120 5,597 5,123
Other items reflected in income statement above:      
Depreciation and amortisation 3,477 3,426 2,905
Defined benefit scheme credit (37) (11) (79)
Non-income statement items:      
Additions to fixed assets 6,323 5,623 5,455
Investments in joint ventures and associates at end of year 445 542 401
Retail £m | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying net interest income 9,637 8,930 9,647
Underlying other income 2,636 2,354 2,159
Net finance expense in respect of insurance and investment contracts 12,273 11,284 11,806
Operating lease depreciation (1,445) (1,319) (948)
Net income 10,828 9,965 10,858
Operating costs (5,807) (5,566) (5,469)
Remediation (931) (750) (515)
Total costs (6,738) (6,316) (5,984)
Underlying impairment (charge) credit (734) (457) (831)
Profit before tax 3,356 3,192 4,043
External income 15,383 13,566 12,803
External operating lease depreciation (1,445) (1,319) (948)
Inter-segment (expense) income (3,110) (2,282) (997)
Loans and advances to customers 390,616 372,250 361,181
External assets 404,882 387,322 376,789
Customer deposits 325,169 319,726 308,441
External liabilities 331,244 324,730 313,244
Analysis of underlying other income:      
Underlying other income 2,636 2,354 2,159
Other items reflected in income statement above:      
Depreciation and amortisation 2,352 2,303 1,927
Defined benefit scheme credit 0 7 53
Non-income statement items:      
Additions to fixed assets 4,173 3,485 3,294
Investments in joint ventures and associates at end of year 0 0 0
Consumer lending | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying other income 2,075 1,810 1,553
Analysis of underlying other income:      
Underlying other income 2,075 1,810 1,553
Consumer relationships | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying other income 561 544 606
Analysis of underlying other income:      
Underlying other income 561 544 606
Commercial Banking | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying net interest income 3,670 3,434 3,799
Underlying other income 1,825 1,815 1,691
Net finance expense in respect of insurance and investment contracts 5,495 5,249 5,490
Operating lease depreciation (9) (6) (8)
Net income 5,486 5,243 5,482
Operating costs (2,853) (2,752) (2,647)
Remediation (27) (104) (127)
Total costs (2,880) (2,856) (2,774)
Underlying impairment (charge) credit (60) 14 511
Profit before tax 2,546 2,401 3,219
External income 3,499 3,981 4,570
External operating lease depreciation (9) (6) (8)
Inter-segment (expense) income 1,996 1,268 920
Loans and advances to customers 90,307 87,602 88,606
External assets 147,186 148,548 150,834
Customer deposits 171,063 162,645 162,752
External liabilities 211,175 207,066 204,815
Analysis of underlying other income:      
Underlying other income 1,825 1,815 1,691
Other items reflected in income statement above:      
Depreciation and amortisation 345 338 410
Defined benefit scheme credit 0 2 21
Non-income statement items:      
Additions to fixed assets 242 107 88
Investments in joint ventures and associates at end of year 0 0 0
Business and Commercial Banking | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying other income 543 533 514
Analysis of underlying other income:      
Underlying other income 543 533 514
Corporate and Institutional Banking | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying other income 1,282 1,282 1,177
Analysis of underlying other income:      
Underlying other income 1,282 1,282 1,177
Insurance, Pensions and Investments £m      
Non-income statement items:      
Non-current assets or disposal groups classified as held for sale   5,122  
Liabilities included in disposal groups classified as held for sale   5,268  
Insurance, Pensions and Investments £m | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying net interest income (151) (136) (132)
Underlying other income 1,431 1,292 1,209
Net finance expense in respect of insurance and investment contracts 1,280 1,156 1,077
Operating lease depreciation 0 0 0
Net income 1,280 1,156 1,077
Operating costs (933) (924) (880)
Remediation (15) (19) (14)
Total costs (948) (943) (894)
Underlying impairment (charge) credit (2) 7 7
Profit before tax 330 220 190
External income 1,436 1,292 1,221
External operating lease depreciation 0 0 0
Inter-segment (expense) income (156) (136) (144)
Loans and advances to customers 0 0 0
External assets 218,137 197,309 184,267
Customer deposits 0 0 0
External liabilities 213,520 193,519 179,962
Analysis of underlying other income:      
Underlying other income 1,431 1,292 1,209
Other items reflected in income statement above:      
Depreciation and amortisation 193 229 201
Defined benefit scheme credit 0 3 6
Non-income statement items:      
Additions to fixed assets 57 75 80
Investments in joint ventures and associates at end of year 0 0 0
Life, Pensions and Investments | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying other income 1,018 979 966
Analysis of underlying other income:      
Underlying other income 1,018 979 966
General insurance | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying other income 277 229 171
Analysis of underlying other income:      
Underlying other income 277 229 171
Other | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying other income 136 84 72
Analysis of underlying other income:      
Underlying other income 136 84 72
Other £m | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying net interest income 479 617 451
Underlying other income 228 136 64
Net finance expense in respect of insurance and investment contracts 707 753 515
Operating lease depreciation 0 0 0
Net income 707 753 515
Operating costs (168) (200) (144)
Remediation 5 (26) (19)
Total costs (163) (226) (163)
Underlying impairment (charge) credit 1 3 5
Profit before tax 545 530 357
External income (563) (397) 294
External operating lease depreciation 0 0 0
Inter-segment (expense) income 1,270 1,150 221
Loans and advances to customers 540 5 (42)
External assets 173,867 173,518 169,563
Customer deposits 225 374 203
External liabilities 140,266 135,494 136,067
Analysis of underlying other income:      
Underlying other income 228 136 64
Other items reflected in income statement above:      
Depreciation and amortisation 587 556 367
Defined benefit scheme credit (37) (23) (159)
Non-income statement items:      
Additions to fixed assets 1,851 1,956 1,993
Investments in joint ventures and associates at end of year 445 542 401
Venture capital | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying other income 462 457 448
Analysis of underlying other income:      
Underlying other income 462 457 448
Other | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying other income (234) (321) (384)
Analysis of underlying other income:      
Underlying other income (234) (321) (384)
Other | Underlying Basis      
SEGMENTAL ANALYSIS (Details) - Schedule of Operating Segments [Line Items]      
Underlying other income (98) (237) (312)
Analysis of underlying other income:      
Underlying other income £ (98) £ (237) £ (312)
[1] 1Comparative periods have been represented for presentational changes. See note 1.