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NET INTEREST INCOME (Details) - Schedule of Net Interest Income - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
NET INTEREST INCOME (Details) - Schedule of Net Interest Income [Line Items]      
Total interest and similar income £ 16,861 £ 16,349 [1] £ 16,006 [1]
Subordinated liabilities (1,228) (1,388) (1,436)
Total interest and similar expense 6,681 2,953 [1] 5,094 [1]
Net interest income £ 10,180 £ 13,396 [1] £ 10,912 [1]
Interest and similar income [Member]      
NET INTEREST INCOME (Details) - Schedule of Net Interest Income [Line Items]      
Loans and advances to customers 3.17% 3.17% 3.16%
Loans and advances to customers £ 15,790 £ 15,078 £ 14,712
Loans and advances to banks 0.78% 0.84% 0.40%
Loans and advances to banks £ 514 £ 565 £ 271
Debt securities held at amortised cost 2.23% 1.60% 1.29%
Debt securities held at amortised cost £ 122 £ 66 £ 43
Interest receivable on financial assets held at amortised cost 2.89% 2.87% 2.81%
Interest receivable on financial assets held at amortised cost £ 16,426 £ 15,709 £ 15,026
Financial assets at fair value through other comprehensive income 1.64% 1.98%  
Financial assets at fair value through other comprehensive income £ 435 £ 640  
Available-for-sale financial assets     1.96%
Available-for-sale financial assets     £ 980
Total interest and similar income [2] 2.83% 2.82% 2.73%
Total interest and similar income [2] £ 16,861 £ 16,349 £ 16,006
Interest and similar expense [Member]      
NET INTEREST INCOME (Details) - Schedule of Net Interest Income [Line Items]      
Deposits from banks, excluding liabilities under sale and repurchase transactions 0.86% 1.39% 1.18%
Deposits from banks, excluding liabilities under sale and repurchase transactions £ (96) £ (117) £ (80)
Customer deposits, excluding liabilities under sale and repurchase transactions 0.59% 0.53% 0.49%
Customer deposits, excluding liabilities under sale and repurchase transactions £ (2,015) £ (1,812) £ (1,721)
Debt securities in issue [3] 1.24% 0.27% 0.37%
Debt securities in issue [3] £ (1,204) £ (234) £ (266)
Subordinated liabilities 6.79% 7.63% 7.93%
Subordinated liabilities £ (1,201) £ (1,388) £ (1,481)
Lease liabilities 2.49% 2.46% 2.38%
Lease liabilities £ (42) £ (1) £ (1)
Liabilities under sale and repurchase agreements 1.12% 0.96% 0.58%
Liabilities under sale and repurchase agreements £ (301) £ (245) £ (110)
Interest payable on liabilities held at amortised cost 0.98% 0.79% 0.79%
Interest payable on liabilities held at amortised cost £ (4,859) £ (3,797) £ (3,659)
Amounts payable to unitholders in consolidated open-ended investment vehicles [4] 13.64% (6.07%) 9.15%
Amounts payable to unitholders in consolidated open-ended investment vehicles [4] £ (1,822) £ 844 £ (1,435)
Total interest and similar expense [5] 1.31% 0.60% 1.06%
Total interest and similar expense [5] £ (6,681) £ (2,953) £ (5,094)
[1] Restated, see note 1.
[2] Includes 26 million (2018: 31 million; 2017: 12 million) of interest income on liabilities with negative interest rates and 45 million (2018: 46 million; 2017: 49 million) in respect of interest income on finance leases.
[3] The impact of the Group's hedging arrangements is included on this line; excluding this impact the weighted average effective interest rate in respect of debt securities in issue would be 2.57 per cent (2018: 2.68 per cent; 2017: 2.43 per cent).
[4] Where a collective investment vehicle is consolidated the interests of parties other than the Group are reported in other liabilities and the movement in these interests in interest expense.
[5] Includes 119 million (2018: 10 million; 2017: 50 million) of interest expense on assets with negative interest rates.