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Fair values of financial assets and liabilities - Schedule of Sensitivity of Level 3 Valuations (Details)
£ in Millions
Jun. 30, 2021
GBP (£)
Dec. 31, 2020
GBP (£)
Jun. 30, 2020
GBP (£)
Dec. 31, 2019
GBP (£)
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Loans and advances to customers £ 500,356 £ 498,843    
Other 88,124 94,225    
Financial assets at fair value through profit or loss 177,589 171,626    
Derivative financial instruments 22,193 29,613    
Financial liabilities at fair value through profit or loss 21,054 22,646    
Total recognised derivative liabilities 17,951 27,313    
Level 3        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Financial assets threshold 14,702 16,373 £ 16,216 £ 16,179
Financial liabilities threshold 1,308 1,419 1,514 1,415
At fair value through profit or loss        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Other 6,856 6,828    
Level 3 financial liabilities carried at fair value 21,054 22,646    
At fair value through profit or loss | Level 3        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Financial liabilities threshold 39 45 47 48
Level 3 financial liabilities carried at fair value 39 45    
Carrying value | Level 3 | Level 3 financial liabilities carried at fair value        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Level 3 financial liabilities carried at fair value 1,308 1,419    
Carrying value | Level 3 | Level 3 financial assets carried at fair value        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Level 3 financial assets carried at fair value 14,702 16,373    
Carrying value | At fair value through profit or loss        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Financial liabilities at fair value through profit or loss 39 45    
Carrying value | Derivative financial liabilities        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Total recognised derivative liabilities 1,269 1,374    
Interest rate volatility | Carrying value | Option pricing model | Derivative financial liabilities        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Interest rate derivatives 1,269 1,374    
Interest rate volatility | Carrying value | Favourable changes | Option pricing model | Derivative financial liabilities        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Interest rate derivatives 0 0    
Interest rate volatility | Carrying value | Unfavourable changes | Option pricing model | Derivative financial liabilities        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Interest rate derivatives 0 0    
Minimum | Level 3        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Financial assets threshold 500 500    
Financial liabilities threshold £ 500 £ 500    
Minimum | Interest rate volatility | Derivative financial liabilities        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Significant unobservable input, liabilities 0.08 0.13    
Maximum | Interest rate volatility | Derivative financial liabilities        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Significant unobservable input, liabilities 1.24 1.28    
Financial assets at fair value through profit or loss        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Level 3 financial assets carried at fair value £ 196,691 £ 191,169    
Financial assets at fair value through profit or loss | Level 3        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Financial assets threshold 13,260 15,046 £ 14,987 £ 14,908
Level 3 financial assets carried at fair value 13,260 15,046    
Financial assets at fair value through profit or loss | Favourable changes        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Loans and advances to customers 514 528    
Financial assets at fair value through profit or loss | Favourable changes | Underlying asset/net asset value (incl. property prices)        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Equity and venture capital investments 111 91    
Financial assets at fair value through profit or loss | Favourable changes | Underlying asset/net asset value (incl. property prices) | Broker Quotes | Discounted cash flow        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Unlisted equities, debt securities and property partnerships in the life funds 7 6    
Financial assets at fair value through profit or loss | Unfavourable changes        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Loans and advances to customers (498) (651)    
Financial assets at fair value through profit or loss | Unfavourable changes | Underlying asset/net asset value (incl. property prices)        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Equity and venture capital investments (123) (121)    
Financial assets at fair value through profit or loss | Unfavourable changes | Underlying asset/net asset value (incl. property prices) | Broker Quotes | Discounted cash flow        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Unlisted equities, debt securities and property partnerships in the life funds (21) (34)    
Financial assets at fair value through profit or loss | Carrying value        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Loans and advances to customers 9,844 11,501    
Financial assets at fair value through profit or loss 13,260 15,046    
Financial assets at fair value through profit or loss | Carrying value | Underlying asset/net asset value (incl. property prices)        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Equity and venture capital investments 795 634    
Financial assets at fair value through profit or loss | Carrying value | Underlying asset/net asset value (incl. property prices) | Broker Quotes | Discounted cash flow        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Unlisted equities, debt securities and property partnerships in the life funds 743 780    
Financial assets at fair value through profit or loss | Earnings multiple | Favourable changes | Market approach        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Equity and venture capital investments 143 72    
Financial assets at fair value through profit or loss | Earnings multiple | Unfavourable changes | Market approach        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Equity and venture capital investments (143) (72)    
Financial assets at fair value through profit or loss | Earnings multiple | Carrying value | Market approach        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Equity and venture capital investments 1,682 1,905    
Financial assets at fair value through profit or loss | Credit Spreads | Favourable changes | Discounted cash flow        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Other 9 10    
Financial assets at fair value through profit or loss | Credit Spreads | Unfavourable changes | Discounted cash flow        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Other (9) (10)    
Financial assets at fair value through profit or loss | Credit Spreads | Carrying value | Discounted cash flow        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Other £ 196 £ 226    
Financial assets at fair value through profit or loss | Minimum | Interest rate spreads        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Significant unobservable input, assets (0.0050) (0.0050)    
Financial assets at fair value through profit or loss | Minimum | Earnings multiple        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Significant unobservable input, assets, multiple 0.3 1.0    
Financial assets at fair value through profit or loss | Maximum | Interest rate spreads        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Significant unobservable input, assets 0.0191 0.0215    
Financial assets at fair value through profit or loss | Maximum | Earnings multiple        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Significant unobservable input, assets, multiple 14.4 15.2    
Financial assets at fair value through other comprehensive income | Carrying value        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Financial assets at fair value through other comprehensive income £ 374 £ 346    
Derivative financial assets | Carrying value        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Derivative financial instruments 1,068 981    
Derivative financial assets | Interest rate volatility | Favourable changes | Option pricing model        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Interest rate derivatives 6 8    
Derivative financial assets | Interest rate volatility | Unfavourable changes | Option pricing model        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Interest rate derivatives (14) (6)    
Derivative financial assets | Interest rate volatility | Carrying value | Option pricing model        
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]        
Interest rate derivatives £ 1,068 £ 981