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LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Schedule of Insurance Claims Outstanding - Not expired at year end [Member] - Participating Life Insurance Contract [Member] - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Claims outstanding    
Gross claims outstanding at 1 January £ 254 £ 225
Cash paid for claims settled in the year (300) (306)
Increase/(decrease) in liabilities charged to the income statement [1] 287 335
(13) 29
Gross claims outstanding at 31 December 241 254
Net claims outstanding at 31 December 241 254
Notified claims 128 170
Incurred but not reported £ 113 £ 84
[1] Of which an increase of 335 million (2018: 367 million) was in respect of current year claims and a decrease of 48 million (2018: a decrease of 32 million) was in respect of prior year claims.