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LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Schedule of Life Insurance and Participating Contract Liabilities - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Schedule of Life Insurance and Participating Contract Liabilities [Line Items]    
At 1 January £ 111,449  
At 31 December 116,060 £ 111,449
Types of insurance contracts    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Schedule of Life Insurance and Participating Contract Liabilities [Line Items]    
At 1 January 96,812 84,366
New business 3,780 5,684
Changes in existing business 1,832 6,798
Change in liabilities charged to the income statement (note 10) 5,612 12,482
Exchange and other adjustments 0 (36)
At 31 December 102,424 96,812
Participating investment contracts    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Schedule of Life Insurance and Participating Contract Liabilities [Line Items]    
At 1 January 14,063 13,912
New business 28 37
Changes in existing business (1,050) 114
Change in liabilities charged to the income statement (note 10) (1,022) 151
Exchange and other adjustments 0 0
At 31 December 13,041 14,063
Gross    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Schedule of Life Insurance and Participating Contract Liabilities [Line Items]    
At 1 January 110,875 98,278
New business 3,808 5,721
Changes in existing business 782 6,912
Change in liabilities charged to the income statement (note 10) 4,590 12,633
Exchange and other adjustments 0 (36)
At 31 December 115,465 110,875
Reinsurance    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Schedule of Life Insurance and Participating Contract Liabilities [Line Items]    
At 1 January 715 716
New business (100) 45
Changes in existing business (5) (46)
Change in liabilities charged to the income statement (note 10) (105) (1)
Exchange and other adjustments 0 0
At 31 December 820 715
Net amount arising from insurance contracts    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Schedule of Life Insurance and Participating Contract Liabilities [Line Items]    
At 1 January 110,160 97,562
New business 3,708 5,676
Changes in existing business 777 6,958
Change in liabilities charged to the income statement (note 10) 4,485 12,634
Exchange and other adjustments 0 (36)
At 31 December £ 114,645 £ 110,160