v3.25.4
Disposals and business closures (Tables)
12 Months Ended
Dec. 31, 2025
Texts Block [Abstract]  
Schedule of Disposals Including Business Closures
The table below shows a summary of the assets and liabilities disposed of:
 
  All figures in
£
millions
  
   2025
   
   2024
   
   2023
 
Disposal of subsidiaries and associates
       
Intangible assets, including goodwill
  
 
–
 
     –       (53 ) 
Property, plant and equipment
  
 
–
 
     –       (5 ) 
Intangible assets – product development
  
 
–
 
     –       (15 ) 
Inventories
  
 
–
 
     –       (1 ) 
Trade and other receivables
  
 
(1
)
 
     –       (65 ) 
Deferred tax
  
 
–
 
     –       8  
Current tax receivable
  
 
–
 
     –       (2 ) 
Cash and cash equivalents (excluding overdrafts)
  
 
–
 
     –       (12 ) 
Trade and other liabilities
  
 
–
 
     –       31  
       
Net assets disposed
  
 
(1
)
     –       (114 ) 
Cumulative currency translation adjustment
  
 
–
 
     –       122  
Cash proceeds
  
 
9
 
     –       1  
Deferred proceeds
  
 
2
 
     –       12  
Costs of disposal
  
 
(2
)
     (5 )      (30 ) 
       
Gain/(loss) on disposal
  
 
8
 
     (5 )      (9 ) 
       
  All figures in
£
millions
  
2025
   
2024
   
2023
 
Cash flow from disposals
  
 
 
  
 
Proceeds – current year disposals
  
 
9
 
     –       1  
Proceeds – prior year disposals
  
 
1
 
     –       –  
Cash and cash equivalents disposed
  
 
–
 
     –       (12 ) 
Costs and other disposal liabilities paid
  
 
(2
)
     (7 )      (27 ) 
       
Net cash inflow/(outflow)
  
 
8
 
     (7 )      (38 )