CREDIT IMPAIRMENT CHARGES

6 Months Ended

Jun. 30, 2026

Disclosure Of Credit Impairment Loss And Provisions [Abstract]

4. CREDIT IMPAIRMENT CHARGES

For the half year to


	30 June 2026	30 June 2025
	£m	£m
Loans and advances to customers	268	102
Recoveries of loans and advances, net of collection costs	6	10
Off-balance sheet credit exposures (See Note 21)	3	(7)
0	277	105

In H1-26 and H1-25 there were no material credit impairment charges on loans and advances to banks, non-trading reverse repurchase agreements, other

financial assets at amortised cost and financial assets at FVOCI.

In H1-26 Credit impairment charges increased mainly due to the acquisition of TSB, including a day 1 charge of £62m where accounting rules require non-credit

impaired balances to be brought onto our books with a Stage 1 ECL provision. Credit impairment charges also increased due to a deterioration in the economic

outlook reflecting recent events in the global economy.