v3.26.1
Fair value measurements and valuation processes (Tables)
6 Months Ended
Jun. 30, 2026
Disclosure Of Fair Value Measurement [Abstract]  
Disclosure of fair value measurement of assets and liabilities explanatory Level 2 assets and liabilities are shown below.
As at 30 June
As at 31 December
2026
2025
2025
£m
£m
£m
Assets at fair value
Derivatives relating to
– interest rate swaps
18
59
44
– cross-currency swaps
93
110
105
– forward foreign currency contracts
128
274
148
Assets at fair value
239
443
297
Liabilities at fair value
Derivatives relating to
– interest rate swaps
129
117
92
– cross-currency swaps
7
14
5
– forward foreign currency contracts
101
207
118
Liabilities at fair value
237
338
215