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FINANCIAL INSTRUMENTS (Details) - Schedule of Financial Assets and Liabilites - GBP (£)
£ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Financial assets      
Cash and balances at central banks £ 55,130 £ 54,663 £ 58,521
Items in the course of collection from banks 313 647  
Financial assets at fair value through profit or loss 160,189 158,529  
Derivative financial instruments 26,369 23,595  
Loans and advances to banks 9,775 6,283 6,611
Loans and advances to customers 494,988 484,858  
Debt securities 5,544 5,238  
Financial assets at amortised cost 510,307 496,379  
Financial assets at fair value through other comprehensive income 25,092 24,815  
Assets arising from reinsurance contracts held 23,567 7,860  
Total financial assets 800,967 766,488  
Financial liabilities      
Deposits from banks 28,179 30,320  
Customer deposits 421,320 418,066  
Items in course of transmission to banks 373 636  
Financial liabilities at fair value through profit or loss 21,486 30,547  
Derivative financial instruments 25,779 21,373  
Notes in circulation 1,079 1,104  
Debt securities in issue 97,689 91,168  
Liabilities arising from insurance contracts and participating investment contracts 111,449 98,874  
Liabilities arising from non-participating investment contracts 37,459 13,853  
Other 2,244 428  
Subordinated liabilities 17,130 17,656 £ 17,922
Total financial liabilities 764,187 724,025  
Held at amortised cost [member]      
Financial assets      
Cash and balances at central banks 55,130 54,663  
Items in the course of collection from banks 313 647  
Loans and advances to banks 9,775 6,283  
Loans and advances to customers 494,988 484,858  
Debt securities 5,544 5,238  
Financial assets at amortised cost 510,307 496,379  
Total financial assets 565,750 551,689  
Financial liabilities      
Deposits from banks 28,179 30,320  
Customer deposits 421,320 418,066  
Items in course of transmission to banks 373 636  
Notes in circulation 1,079 1,104  
Debt securities in issue 97,689 91,168  
Other 1,844 46  
Subordinated liabilities 17,130 17,656  
Total financial liabilities 567,614 558,996  
Derivatives designated as hedging instruments [member]      
Financial assets      
Derivative financial instruments 1,236 1,563  
Total financial assets 1,236 1,563  
Financial liabilities      
Derivative financial instruments 1,105 1,108  
Total financial liabilities 1,105 1,108  
At fair value through other comprehensive income [member]      
Financial assets      
Financial assets at fair value through other comprehensive income 25,092 24,815  
Total financial assets 25,092 24,815  
Insurance contracts [member]      
Financial assets      
Assets arising from reinsurance contracts held 23,567 7,860  
Total financial assets 23,567 7,860  
Financial liabilities      
Liabilities arising from insurance contracts and participating investment contracts 111,449 98,874  
Liabilities arising from non-participating investment contracts 37,459 13,853  
Other 400 382  
Total financial liabilities 149,308 113,109  
Designated at fair value through profit or loss [member]      
Financial liabilities      
Financial liabilities at fair value through profit or loss 7,531 7,096  
Total financial liabilities 7,531 7,096  
Mandatorily held at fair value through profit or loss [member] | Held for trading at fair value through profit or loss [member]      
Financial assets      
Financial assets at fair value through profit or loss 17,982 35,246  
Derivative financial instruments 25,133 22,032  
Total financial assets 43,115 57,278  
Financial liabilities      
Financial liabilities at fair value through profit or loss 13,955 23,451  
Derivative financial instruments 24,674 20,265  
Total financial liabilities 38,629 43,716  
Mandatorily held at fair value through profit or loss [member] | Other [Member]      
Financial assets      
Financial assets at fair value through profit or loss 142,207 123,283  
Total financial assets £ 142,207 £ 123,283