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OFFSETTING OF FINANCIAL ASSETS AND LIABILITIES - Schedule of Offsetting of Financial Assets and Liabilities (Details) - GBP (£)
£ in Millions
Dec. 31, 2021
Dec. 31, 2020
Financial assets    
Financial assets at fair value through profit or loss [1] £ 206,771 £ 191,169
Derivative financial instruments 22,051 29,613
Loans and advances to banks [1] 7,001 8,060
Loans and advances to customers [1] 448,567 440,200
Debt securities 6,835 5,405
Financial assets at fair value through other comprehensive income 28,137 27,603
Financial liabilities    
Deposits from banks [1] 7,647 12,698
Customer deposits and repurchase agreements [1] 476,344 450,651
Financial liabilities at fair value through profit or loss 23,123 22,646
Derivative financial instruments 18,060 27,313
Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 206,771 191,169
Loans and advances to banks 4,170 4,467
Loans and advances to customers 25,368 24,009
Debt securities 47,218 46,683
Gross assets and liabilities    
Financial assets    
Financial assets at fair value through other comprehensive income 28,137 27,603
Gross assets and liabilities | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 38,699 31,473
Gross assets and liabilities | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 487,303 465,477
Gross assets and liabilities | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 42,036 37,557
Gross assets and liabilities | Derivative liabilities    
Financial liabilities    
Derivative financial instruments 46,214 85,088
Gross assets and liabilities | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 225,684 206,080
Gross assets and liabilities | Derivative financial instruments    
Financial assets    
Derivative financial instruments 50,205 88,700
Gross assets and liabilities | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 11,500 10,754
Gross assets and liabilities | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 509,707 504,252
Gross assets and liabilities | Debt securities    
Financial assets    
Debt securities 6,835 5,405
Gross assets and liabilities | Excluding reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 191,850 178,176
Gross assets and liabilities | Excluding reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 7,001 8,060
Gross assets and liabilities | Excluding reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 449,732 440,200
Gross assets and liabilities | Reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 33,834 27,904
Gross assets and liabilities | Reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 4,499 2,694
Gross assets and liabilities | Reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 59,975 64,052
Gross assets and liabilities | Deposits from banks | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 7,647 12,698
Gross assets and liabilities | Deposits from banks | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 477,509 450,651
Gross assets and liabilities | Deposits from banks | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 8,161 7,650
Gross assets and liabilities | Repurchase agreements | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 31,052 18,775
Gross assets and liabilities | Repurchase agreements | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 9,794 14,826
Gross assets and liabilities | Repurchase agreements | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 33,875 29,907
Amount offset in the balance sheet    
Financial assets    
Financial assets at fair value through other comprehensive income 0 0
Amount offset in the balance sheet | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 967 8
Amount offset in the balance sheet | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 9,919 5,409
Amount offset in the balance sheet | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 18,913 14,911
Amount offset in the balance sheet | Derivative liabilities    
Financial liabilities    
Derivative financial instruments 28,154 57,775
Amount offset in the balance sheet | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 18,913 14,911
Amount offset in the balance sheet | Derivative financial instruments    
Financial assets    
Derivative financial instruments 28,154 59,087
Amount offset in the balance sheet | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 967 8
Amount offset in the balance sheet | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 9,919 5,409
Amount offset in the balance sheet | Debt securities    
Financial assets    
Debt securities 0 0
Amount offset in the balance sheet | Excluding reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 0 0
Amount offset in the balance sheet | Excluding reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 0 0
Amount offset in the balance sheet | Excluding reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 1,165 0
Amount offset in the balance sheet | Reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 18,913 14,911
Amount offset in the balance sheet | Reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 967 8
Amount offset in the balance sheet | Reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 8,754 5,409
Amount offset in the balance sheet | Deposits from banks | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 0 0
Amount offset in the balance sheet | Deposits from banks | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 1,165 0
Amount offset in the balance sheet | Deposits from banks | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 0 0
Amount offset in the balance sheet | Repurchase agreements | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 967 8
Amount offset in the balance sheet | Repurchase agreements | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 8,754 5,409
Amount offset in the balance sheet | Repurchase agreements | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 18,913 14,911
Net amount recognised in the balance sheet    
Financial assets    
Financial assets at fair value through other comprehensive income 28,137 27,603
Net amount recognised in the balance sheet | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 37,732 31,465
Net amount recognised in the balance sheet | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 477,384 460,068
Net amount recognised in the balance sheet | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 23,123 22,646
Net amount recognised in the balance sheet | Derivative liabilities    
Financial liabilities    
Derivative financial instruments 18,060 27,313
Net amount recognised in the balance sheet | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 206,771 191,169
Net amount recognised in the balance sheet | Derivative financial instruments    
Financial assets    
Derivative financial instruments 22,051 29,613
Net amount recognised in the balance sheet | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 10,533 10,746
Net amount recognised in the balance sheet | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 499,788 498,843
Net amount recognised in the balance sheet | Debt securities    
Financial assets    
Debt securities 6,835 5,405
Net amount recognised in the balance sheet | Excluding reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 191,850 178,176
Net amount recognised in the balance sheet | Excluding reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 7,001 8,060
Net amount recognised in the balance sheet | Excluding reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 448,567 440,200
Net amount recognised in the balance sheet | Reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 14,921 12,993
Net amount recognised in the balance sheet | Reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 3,532 2,686
Net amount recognised in the balance sheet | Reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 51,221 58,643
Net amount recognised in the balance sheet | Deposits from banks | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 7,647 12,698
Net amount recognised in the balance sheet | Deposits from banks | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 476,344 450,651
Net amount recognised in the balance sheet | Deposits from banks | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 8,161 7,650
Net amount recognised in the balance sheet | Repurchase agreements | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 30,085 18,767
Net amount recognised in the balance sheet | Repurchase agreements | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 1,040 9,417
Net amount recognised in the balance sheet | Repurchase agreements | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 14,962 14,996
Cash collateral received/ pledged    
Financial assets    
Financial assets at fair value through other comprehensive income 0 0
Cash collateral received/ pledged | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 5,678 8,739
Cash collateral received/ pledged | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 0 1,862
Cash collateral received/ pledged | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 0 0
Cash collateral received/ pledged | Derivative liabilities    
Financial liabilities    
Derivative financial instruments 2,529 5,199
Cash collateral received/ pledged | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 20 24
Cash collateral received/ pledged | Derivative financial instruments    
Financial assets    
Derivative financial instruments 5,658 8,715
Cash collateral received/ pledged | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 1,731 3,105
Cash collateral received/ pledged | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 798 2,094
Cash collateral received/ pledged | Debt securities    
Financial assets    
Debt securities 0 0
Cash collateral received/ pledged | Excluding reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 0 0
Cash collateral received/ pledged | Excluding reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 1,731 3,105
Cash collateral received/ pledged | Excluding reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 798 2,094
Cash collateral received/ pledged | Reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 20 24
Cash collateral received/ pledged | Reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 0 0
Cash collateral received/ pledged | Reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 0 0
Cash collateral received/ pledged | Deposits from banks | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 5,678 8,739
Cash collateral received/ pledged | Deposits from banks | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 0 1,862
Cash collateral received/ pledged | Deposits from banks | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 0 0
Cash collateral received/ pledged | Repurchase agreements | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 0 0
Cash collateral received/ pledged | Repurchase agreements | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 0 0
Cash collateral received/ pledged | Repurchase agreements | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 0 0
Non-cash collateral received/ pledged    
Financial assets    
Financial assets at fair value through other comprehensive income 4,981 5,132
Non-cash collateral received/ pledged | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 30,085 18,767
Non-cash collateral received/ pledged | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 2,546 12,179
Non-cash collateral received/ pledged | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 14,962 14,996
Non-cash collateral received/ pledged | Derivative liabilities    
Financial liabilities    
Derivative financial instruments 15,063 20,156
Non-cash collateral received/ pledged | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 17,357 15,536
Non-cash collateral received/ pledged | Derivative financial instruments    
Financial assets    
Derivative financial instruments 12,645 16,747
Non-cash collateral received/ pledged | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 3,532 2,686
Non-cash collateral received/ pledged | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 52,727 61,405
Non-cash collateral received/ pledged | Debt securities    
Financial assets    
Debt securities 267 0
Non-cash collateral received/ pledged | Excluding reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 2,456 2,567
Non-cash collateral received/ pledged | Excluding reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 0 0
Non-cash collateral received/ pledged | Excluding reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 1,506 2,762
Non-cash collateral received/ pledged | Reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 14,901 12,969
Non-cash collateral received/ pledged | Reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 3,532 2,686
Non-cash collateral received/ pledged | Reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 51,221 58,643
Non-cash collateral received/ pledged | Deposits from banks | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 0 0
Non-cash collateral received/ pledged | Deposits from banks | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 1,506 2,762
Non-cash collateral received/ pledged | Deposits from banks | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 0 0
Non-cash collateral received/ pledged | Repurchase agreements | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 30,085 18,767
Non-cash collateral received/ pledged | Repurchase agreements | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 1,040 9,417
Non-cash collateral received/ pledged | Repurchase agreements | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 14,962 14,996
Potential net amounts if offset of related amounts permitted    
Financial assets    
Financial assets at fair value through other comprehensive income 23,156 22,471
Potential net amounts if offset of related amounts permitted | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 1,969 3,959
Potential net amounts if offset of related amounts permitted | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 474,838 446,027
Potential net amounts if offset of related amounts permitted | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 8,161 7,650
Potential net amounts if offset of related amounts permitted | Derivative liabilities    
Financial liabilities    
Derivative financial instruments 468 1,958
Potential net amounts if offset of related amounts permitted | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 189,394 175,609
Potential net amounts if offset of related amounts permitted | Derivative financial instruments    
Financial assets    
Derivative financial instruments 3,748 4,151
Potential net amounts if offset of related amounts permitted | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 5,270 4,955
Potential net amounts if offset of related amounts permitted | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 446,263 435,344
Potential net amounts if offset of related amounts permitted | Debt securities    
Financial assets    
Debt securities 6,568 5,405
Potential net amounts if offset of related amounts permitted | Excluding reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 189,394 175,609
Potential net amounts if offset of related amounts permitted | Excluding reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 5,270 4,955
Potential net amounts if offset of related amounts permitted | Excluding reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 446,263 435,344
Potential net amounts if offset of related amounts permitted | Reverse repurchase agreements | Financial assets at fair value through profit or loss    
Financial assets    
Financial assets at fair value through profit or loss 0 0
Potential net amounts if offset of related amounts permitted | Reverse repurchase agreements | Loans and advances to banks and reverse repurchase agreements    
Financial assets    
Loans and advances to banks 0 0
Potential net amounts if offset of related amounts permitted | Reverse repurchase agreements | Loans and advances to customers and reverse repurchase agreements    
Financial assets    
Loans and advances to customers 0 0
Potential net amounts if offset of related amounts permitted | Deposits from banks | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 1,969 3,959
Potential net amounts if offset of related amounts permitted | Deposits from banks | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 474,838 446,027
Potential net amounts if offset of related amounts permitted | Deposits from banks | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss 8,161 7,650
Potential net amounts if offset of related amounts permitted | Repurchase agreements | Deposits from banks and repurchase agreements:    
Financial liabilities    
Deposits from banks 0 0
Potential net amounts if offset of related amounts permitted | Repurchase agreements | Customer deposits    
Financial liabilities    
Customer deposits and repurchase agreements 0 0
Potential net amounts if offset of related amounts permitted | Repurchase agreements | Securitisation notes and other    
Financial liabilities    
Financial liabilities at fair value through profit or loss £ 0 £ 0
[1] See note 1 regarding changes to presentation.