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OTHER RESERVES - Schedule of Revaluation Reserve in Respect of Debt Securities (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revaluation reserve in respect of debt securities held at fair value through other comprehensive income      
Change in fair value £ 61 £ (50) £ 0
Expected credit loss in respect of financial assets at fair value through other comprehensive income (memorandum item) 3 0  
Debt securities | Reserve of gains and losses on financial assets measured at fair value through other comprehensive income      
Revaluation reserve in respect of debt securities held at fair value through other comprehensive income      
At 1 January 99 123 279
Change in fair value 133 46 (30)
Deferred tax (45) 29 10
Income tax relating to changes in revaluation surplus included in other comprehensive income 0 (2) 0
Expected credit loss in respect of financial assets at fair value through other comprehensive income (memorandum item) 88 73 (20)
Income statement transfers in respect of disposals (note 9) 2 (149) (196)
Deferred tax 20 47 61
Net Income statement transfers 22 (102) (135)
Impairment recognised in the income statement (2) 5 (1)
At 31 December £ 207 £ 99 £ 123