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Other reserves - Schedule of Other Reserves (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Merger reserve      
At 1 January £ 7,102 £ 7,149 £ 7,149
Redemption of preference shares   0  
At 31 December 7,102 7,102 7,149
Capital redemption reserve      
At 1 January 5,751 5,370 4,932
Share buyback (1,710) (2,011) (1,993)
At 31 December 5,971 5,751 5,370
Revaluation reserve in respect of debt securities held at fair value through other comprehensive income      
At 1 January (113) (67) 50
Movements recognised in other comprehensive income 24 (46) [1] (117) [1]
At 31 December (89) (113) (67)
Revaluation reserve in respect of equity shares held at fair value through other comprehensive income      
At 1 January 93 0 57
Movements recognised in other comprehensive income 34 93 [1] (57) [1]
Realised gains and losses on FVOCI equity shares 0 0 0
At 31 December 20 93 0
Cash flow hedge reserve      
At 1 January (3,755) (3,766) (5,476)
Movements in cash flow hedge reserve, net of tax 1,692 11 [1] 1,710 [1]
At 31 December (2,063) (3,755) (3,766)
Foreign currency translation reserve      
At 1 January (251) (178) (125)
Movements in foreign currency translation reserve, net of tax 54 (73) [1] (53) [1]
At 31 December (197) (251) (178)
Total other reserves at 31 December 10,744 8,827 8,508
Expected cash outflow on redemption or repurchase of puttable financial instruments 1,928 819  
Share premium £m      
Merger reserve      
Redemption of preference shares [2]   35  
Other reserves £m      
Merger reserve      
Redemption of preference shares   (35)  
Capital redemption reserve      
Share buyback 220 369 438
Revaluation reserve in respect of debt securities held at fair value through other comprehensive income      
Movements recognised in other comprehensive income 24 (46) (117)
Revaluation reserve in respect of equity shares held at fair value through other comprehensive income      
Movements recognised in other comprehensive income 34 93 (57)
Realised gains and losses on FVOCI equity shares (107) 0 0
Cash flow hedge reserve      
Movements in cash flow hedge reserve, net of tax 1,692 11 1,710
Foreign currency translation reserve      
Movements in foreign currency translation reserve, net of tax 54 (73) (53)
Preference shares £m      
Foreign currency translation reserve      
Expected cash outflow on redemption or repurchase of puttable financial instruments £ 0 £ 47  
6.475% Non-cumulative Preference Shares callable 2024 (£186 million)      
Foreign currency translation reserve      
Borrowings, interest rate (in percent) 6.475% 6.475%  
Expected cash outflow on redemption or repurchase of puttable financial instruments   £ 47  
6.475% Non-cumulative Preference Shares callable 2024 (£186 million) | Preference shares £m      
Foreign currency translation reserve      
Expected cash outflow on redemption or repurchase of puttable financial instruments   47  
Merger reserve      
Merger reserve      
Redemption of preference shares £ 0 (47) 0
Capital redemption reserve      
Merger reserve      
Redemption of preference shares 0 12 0
Capital redemption reserve      
Share buyback £ 220 369 £ 438
Distributable merger reserve      
Merger reserve      
Redemption of preference shares   £ (35)  
[1] 1Current tax and deferred tax impacts, previously shown in aggregate for each reserve, are now presented alongside each line item. Comparatives are represented on a consistent basis.
[2] Share capital and share premium, previously presented in aggregate, are shown separately. Comparatives have been represented on a consistent basis.