v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Lease liabilities [abstract]  
Disclosure of lease liabilities and maturity analysis
Lease liabilities
 Barclays Bank Group
2025
2024
£m
£m
As at 1 January
542
280
Interest expense
29
29
New leases
98
11
Disposals
(8)
—
Cash payments
(69)
(73)
Exchange and other movements1
30
295
As at 31 December (see Note 21)
622
542
Note
1Exchange and other movements in 2024 include modification related to a lease extended by ~91 years.
The table below sets out a maturity analysis of undiscounted lease liabilities, showing the lease payments after the reporting
date.
Undiscounted lease liabilities maturity analysis
Barclays Bank Group
2025
2024
£m
£m
Not more than one year
70
70
One to two years
73
66
Two to three years
61
61
Three to four years
59
46
Four to five years
49
40
Five to ten years
198
130
Greater than ten years
3,315
3,550
Total undiscounted lease liabilities as at 31 December
3,825
3,963
In 2024, Barclays had a lease modification for property "New York, 745 7th Avenue" wherein there was an extension of lease
term by ~91 years.