v3.26.1
Reconciliation of profit before taxation to headline operating profit - Summary of Reconciliation of Operating (Loss)/Profit to Headline Operating Profit (Details) - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Reconciliation of operating profit to headline operating profit [Abstract]    
Profit before taxation £ 106 £ 98
Finance and investment income (39) (49)
Finance costs 174 178
Revaluation and retranslation of financial instruments (34) (11)
Profit before interest and taxation 275 238
Earnings from associates (14) (17)
Operating profit 261 221
Goodwill impairment 0 116
Impairment of investments in associates 2 0
Property-related impairment charges 22 5
Amortisation and impairment of acquired intangible assets 26 32
Restructuring costs 83 40
Losses/(gains) on disposal of investments and subsidiaries 4 (2)
Headline operating profit £ 398 £ 412