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Taxation - Schedule of Reconciliation of the Charge Resulting from Applying the Standard UK Corporation Tax Rate (Details) - GBP (£)
£ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Dec. 31, 2020
Disclosure of income tax [Abstract]        
Profit (loss) before tax £ 3,905 £ 1,828 £ (602)  
UK corporation tax thereon at 19 per cent (2020: 19 per cent) (742) (347) 114  
Impact of surcharge on banking profits (229) (151) 44  
Non-deductible costs: conduct charges (7) (13) (11)  
Non-deductible costs: bank levy 0 (38) 0  
Other non-deductible costs (67) (34) (40)  
Non-taxable income 35 (17) 76  
Tax relief on coupons on other equity instruments 40 42 44  
Tax-exempt gains on disposals 36 78 3  
Tax losses where no deferred tax recognised (9) (57) (1)  
Remeasurement of deferred tax due to rate changes 970 (4) 354  
Differences in overseas tax rates (25) 2 13  
Policyholder tax (36) (23) (23)  
Policyholder deferred tax asset in respect of life assurance expenses 4 49 0  
Adjustments in respect of prior years (10) 56 48  
Tax effect of share of results of joint ventures 0 (3) 0  
Tax (expense) credit £ (40) £ (460) £ 621  
UK corporation tax rate 19.00%   19.00% 19.00%