v3.26.1
Condensed Consolidated Statement of Comprehensive Income (Unaudited) - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Statement of comprehensive income [abstract]    
Profit after tax £ 374 £ 551
Movement in fair value reserve (debt instruments):    
- Change in fair value (26) 46
- Income statement transfers 40 (37)
- Taxation (4) (3)
Other comprehensive income, fair value reserve (debt instruments) 10 6
Cash flow hedges:    
- Effective portion of changes in fair value (544) (130)
- Income statement transfers 223 755
- Taxation 94 (175)
Other comprehensive income, cash flow hedges, total (227) 450
Cost of hedging:    
- Cost of hedging gains 16 0
Other comprehensive income, net of tax, change in value of time value of options 16 0
Net other comprehensive (expense)/income that may be reclassified to profit or loss subsequently (201) 456
Pension remeasurement:    
- Remeasurements of the net defined benefit (asset)/liability (42) 2
- Taxation 12 (1)
Pension remeasurement, total (30) 1
Own credit adjustment:    
- Change in fair value (3) 4
- Taxation 1 (1)
Own credit adjustment, total (2) 3
Net other comprehensive (expense)/income that will not be reclassified to profit or loss subsequently (32) 4
Total other comprehensive (expense)/income net of tax (233) 460
Total comprehensive income £ 141 £ 1,011