v3.25.4
Other equity instruments (Tables)
 12 Months Ended
Dec. 31, 2025
Disclosure Of Other Equity Instruments Explanatory [Abstract]  
Schedule of Other Equity Instruments
2025
£m
2024
£m
2023
£m
At 1 January
6,195
6,940
5,297
Issued during the year:
£750 million 7.5% Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible
Securities callable 2030
750
–
–
$1,000 million 6.625% Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible
Securities callable 2035
761
$1,000 million 6.75% Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible
Securities Callable 2031
–
763
–
$1,250 million 8% Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible
Securities Callable 2029
–
–
1,028
£750 million 8.5% Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible
Securities Callable 2028
–
–
750
1,511
763
1,778
Repurchases and redemptions during the year:
€750 million 6.375% Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible
Securities Callable 2020
(622)
–
–
$1,500 million 7.5% Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible
Securities Callable 2025
(1,137)
–
–
$1,675 million 7.5% Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible
Securities
–
(1,008)
–
£500 million 5.125% Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible
Securities Callable 2024
–
(500)
–
£1,494 million 7.625% Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible
Securities Callable 2023
–
–
(135)
(1,759)
(1,508)
(135)
Profit for the year attributable to other equity holders
463
498
527
Distributions on other equity instruments
(463)
(498)
(527)
At 31 December
5,947
6,195
6,940