v3.25.4
Tax - Schedule of Reconciliation of the charge resulting from applying the standard UK Corporation tax rate (Details) - GBP (£)
£ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disclosure of income tax [Abstract]      
Profit before tax £ 6,661 £ 5,971 [1] £ 7,503 [1]
UK corporation tax thereon (1,665) (1,493) (1,763)
Impact of surcharge on banking profits (167) (157) (305)
Non-deductible costs: conduct charges (70) (27) (29)
Non-deductible costs: bank levy (33) (37) (35)
Other non-deductible costs (72) (73) (52)
Non-taxable income 99 51 76
Tax relief on coupons on other equity instruments 116 125 124
(Non-deductible) non-taxable foreign exchange (losses) gains (75) 27 (50)
Tax-exempt gains on disposals 62 98 35
Tax losses where no deferred tax recognised (7) (7) (2)
Remeasurement of deferred tax due to rate changes 0 0 (14)
Differences in overseas tax rates (5) (9) 6
Policyholder tax in respect of the life assurance business (71) (75) (61)
Deferred tax in respect of life assurance policyholder tax (119) (5) 84
Adjustments in respect of prior years 106 94 0
Tax effect of share of results of joint ventures (3) (1) 1
Provision for Pillar 2 current income taxes 0 (5) 0
Tax expense £ (1,904) £ (1,494) [1] £ (1,985) [1]
[1] 1Comparative periods have been represented for presentational changes. See note 1.