v3.25.4
Pension schemes - Amounts recognized in statement of comprehensive income (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Gains and losses arising during the year:      
Actuarial (losses)/gains on defined benefit pension schemes £ 5 £ 43 £ (75)
Net defined benefit liability (asset) (43) (21)  
Present value of defined benefit obligation      
Gains and losses arising during the year:      
Experience gains/(losses) (19) (23) (11)
Net defined benefit liability (asset) 3,308 3,513 3,806
Present value of defined benefit obligation | Discount rates      
Gains and losses arising during the year:      
Actuarial (losses)/gains (5) 374 (145)
Present value of defined benefit obligation | Inflation      
Gains and losses arising during the year:      
Actuarial (losses)/gains 43 (36) 15
Present value of defined benefit obligation | Other actuarial assumptions      
Gains and losses arising during the year:      
Actuarial (losses)/gains (1) (17) 50
Fair value of scheme assets      
Gains and losses arising during the year:      
Experience gains/(losses) 3 (273) 35
Net defined benefit liability (asset) (3,378) (3,544) (3,771)
Net pension obligation, before impact of asset ceiling      
Gains and losses arising during the year:      
Actuarial (losses)/gains on defined benefit pension schemes 21 25 (56)
Net defined benefit liability (asset) (70) (31) £ 35
Impact of asset ceiling      
Gains and losses arising during the year:      
Actuarial (losses)/gains on defined benefit pension schemes (16) 18  
Net defined benefit liability (asset) £ 27 £ 10