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LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS - Schedule of Life Insurance and Participating Contract Liabilities (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
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 £ 102,424 £ 96,812
New business 3,427 3,780
Changes in existing business 3,437 1,832
Change in liabilities charged to the income statement (note 10) 6,864 5,612
Exchange and other adjustments (88)  
At 31 December 109,200 102,424
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 13,041 14,063
New business 40 28
Changes in existing business 570 (1,050)
Change in liabilities charged to the income statement (note 10) 610 (1,022)
Exchange and other adjustments (28)  
At 31 December 13,623 13,041
Gross    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Schedule of Life Insurance and Participating Contract Liabilities [Line Items]    
At 1 January 115,465 110,875
New business 3,467 3,808
Changes in existing business 4,007 782
Change in liabilities charged to the income statement (note 10) 7,474 4,590
Exchange and other adjustments (116)  
At 31 December 122,823 115,465
Reinsurance    
LIABILITIES ARISING FROM INSURANCE CONTRACTS AND PARTICIPATING INVESTMENT CONTRACTS (Details) - Schedule of Life Insurance and Participating Contract Liabilities [Line Items]    
At 1 January 820 715
New business (110) 100
Changes in existing business 190 5
Change in liabilities charged to the income statement (note 10) 80 105
Exchange and other adjustments 0  
At 31 December 740 820
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 114,645 110,160
New business 3,357 3,708
Changes in existing business 4,197 777
Change in liabilities charged to the income statement (note 10) 7,554 4,485
Exchange and other adjustments (116)  
At 31 December £ 122,083 £ 114,645