Provisions for liabilities and charges

6 Months Ended

Jun. 30, 2026

Provisions for liabilities and charges

Provisions for liabilities and charges

12. Provisions for liabilities and charges

 

Financial

Customer

Litigation and

commitments

redress

other regulatory

Property

and guarantees

Other (1)

Total

£m

£m

£m

£m

£m

£m

At 1 January 2026

282

64

73

58

142

619

Expected credit losses impairment charge

—

—

—

5

—

5

Currency translation and other movements

—

1

—

—

(1)

—

Acquisition of companies and businesses

8

—

7

—

4

19

Charge to income statement

6

12

5

—

244

267

Release to income statement

(23)

(3)

(7)

—

(44)

(77)

Provisions utilised

(92)

(1)

(7)

(1)

(60)

(161)

At 30 June 2026

181

73

71

62

285

672

(1)	Other materially comprises of provisions relating to restructuring costs, historical VAT matters and Bank of England levy.

Provisions are liabilities of uncertain timing or amount and are recognised when there is a present obligation as a result of a past event, the outflow of economic benefit is probable and the outflow can be estimated reliably. Any difference between the final outcome and the amounts provided will affect the reported results in the period when the matter is resolved.