v3.26.1
TAX (Tables)
6 Months Ended
Jun. 30, 2026
TAX  
Schedule of IFRS based income tax expense and management's adjustments

Six months ended 30 June

2026

2025

Pre-tax profit

Tax

Tax rate

Pre-tax profit

Tax

Tax rate

£m

£m

%

£m

£m

%

IFRS

1,056

(286)

27.1%

1,075

(262)

24.4%

Adjusting items

189

(36)

39

(10)

Adjusted

1,245

(322)

25.9%

1,114

(272)

24.4%