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RETIREMENT BENEFIT OBLIGATIONS (Details) - Schedule of Composition of Retirement Scheme Assets - GBP (£)
£ in Millions
Dec. 31, 2017
Dec. 31, 2016
RETIREMENT BENEFIT OBLIGATIONS (Details) - Schedule of Composition of Retirement Scheme Assets [Line Items]    
Equity instruments £ 1,197 £ 1,213
Fixed interest government bonds 34,708 48,714
Corporate and other debt securities 4,615 6,030
Asset-backed securities 40,901 55,311
3,643 3,397
Property 12,727 12,972
Pooled investment vehicles 17,380 16,422
Retirement Scheme Assets [Member]    
RETIREMENT BENEFIT OBLIGATIONS (Details) - Schedule of Composition of Retirement Scheme Assets [Line Items]    
Equity instruments 851 1,114
Fixed interest government bonds [1] 5,344 5,797
Index-linked government bonds [1] 17,439 14,359
Corporate and other debt securities [1] 6,903 7,464
Asset-backed securities [1] 121 99
29,807 27,719
Property 544 497
Pooled investment vehicles 17,380 16,422
Money market instruments, cash, derivatives and other assets and liabilities (3,689) (174)
At 31 December 44,893 45,578
Quoted [Member] | Retirement Scheme Assets [Member]    
RETIREMENT BENEFIT OBLIGATIONS (Details) - Schedule of Composition of Retirement Scheme Assets [Line Items]    
Equity instruments 846 1,114
Fixed interest government bonds [1] 5,344 5,797
Index-linked government bonds [1] 17,439 14,359
Corporate and other debt securities [1] 6,903 7,464
Asset-backed securities [1] 121 99
29,807 27,719
Pooled investment vehicles 3,937 3,577
Money market instruments, cash, derivatives and other assets and liabilities 1,501 1,462
At 31 December 36,091 33,872
Unquoted [Member] | Retirement Scheme Assets [Member]    
RETIREMENT BENEFIT OBLIGATIONS (Details) - Schedule of Composition of Retirement Scheme Assets [Line Items]    
Equity instruments 5  
Fixed interest government bonds [1]
Index-linked government bonds [1]
Corporate and other debt securities [1]
Asset-backed securities [1]
Property 544 497
Pooled investment vehicles 13,443 12,845
Money market instruments, cash, derivatives and other assets and liabilities (5,190) (1,636)
At 31 December £ 8,802 £ 11,706
[1] Of the total debt instruments, 27,732 million (31 December 2016: 25,219 million) were investment grade (credit ratings equal to or better than 'BBB').