Discontinued operations and assets held for sale (Tables)

12 Months Ended

Dec. 31, 2025

Non-Current Assets Held For Sale And Discontinued Operations [Abstract]

Schedule of discontinued operations and assets held for sale

The following table details the assets and related liabilities classified as held for sale as at 31

December 2025. There were no assets and related liabilities classified as held for sale as at 31 December

2024.

	2025
	$m
Assets classified as held for sale
Current assets
Trade and other receivables	338.0
Cash and cash equivalents2	13.5
Total current assets	351.5
Non current assets
Goodwill	2.9
Intangibles	2.2
Property, plant and equipment	0.1
Right of use asset	0.2
Investments	0.5
Total non current assets	5.9
Total assets classified as held for sale1	357.4
Liabilities classified as held for sale
Trade and other payables	294.6
Lease Liability	0.2
Total liabilities classified as held for sale1	294.8
Net assets classified as held for sale1	62.6

1.In addition to the assets and liabilities classified as held for sale, as disclosed above, as at 31 December 2025 WBS had intra-group settlement balances with Winterflood

Securities Limited of $10.4m receivables and $37.2m payables.  As these balances are intra-group in nature, and are fully eliminated on consolidation,  they are not

presented in the consolidated statement of financial position or in the disclosure above.

2.As required by the UK FCA’s Client Asset Sourcebook, balances maintained on behalf of clients with banks in segregated accounts totalling $212.9m are not included in the

WBS statement of financial position and therefore are not included as Assets classified as held for sale.