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PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Dec. 31, 2025
Disclosure of detailed information about property, plant and equipment [abstract]  
PROPERTY, PLANT AND EQUIPMENT
12. PROPERTY, PLANT AND EQUIPMENT
The movements in 2025 and 2024 were as follows:
LandFreehold
buildings		Leasehold
buildings		Fixtures,
fittings
and
equipment		Computer
equipment		Total
£m£m£m£m£m£m
Cost
1 January 202412 34 1,061 119 390 1,616 
Additions— 2 69 15 76 162 
Disposals and derecognition
(3)(4)(158)(58)(83)(306)
Reclassification(64)64 — — — — 
Exchange adjustments91 48 (11)(7)4 125 
31 December 202436 144 961 69 387 1,597 
Additions— 3 29 16 43 91 
Disposals and derecognition
(1)(9)(64)(30)(89)(193)
Exchange adjustments(8)(11)(29)6 (6)(48)
31 December 202527 127 897 61 335 1,447 
Accumulated depreciation and impairment
1 January 2024— 3 480 45 260 788 
Charge for the year— 1 65 23 67 156 
Impairment charges included within restructuring costs— — 2 — — 2 
Disposals and derecognition
— (2)(120)(52)(80)(254)
Exchange adjustments— — 15 (9)(10)(4)
31 December 2024— 2 442 7 237 688 
Charge for the year— — 60 19 63 142 
Impairment charges included within restructuring costs12 60 13 — 1 86 
Disposals and derecognition
— (4)(54)(27)(88)(173)
Exchange adjustments— — (17)1 (4)(20)
31 December 202512 58 444 — 209 723 
Net book value
31 December 202515 69 453 61 126 724 
31 December 202436 142 519 62 150 909 
1 January 202412 31 581 74 130 828 
At 31 December 2025, capital commitments contracted, but not provided for in respect of property, plant and equipment, were £33 million (2024: £14 million).