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FINANCIAL RISK MANAGEMENT - Schedule of Debt Securities Held at Amortised Cost (Details) - GBP (£)
£ in Millions
Dec. 31, 2021
Dec. 31, 2020
Asset-backed securities:    
Debt securities £ 6,835 £ 5,405
Loans and receivables, category    
Asset-backed securities:    
Asset-backed securities 3,065 3,659
Corporate and other debt securities 3,773 1,749
Debt securities 6,835 5,405
Investment grade | Loans and receivables, category    
Asset-backed securities:    
Asset-backed securities 3,047 3,639
Corporate and other debt securities 3,760 1,721
Other | Sub-investment grade    
Asset-backed securities:    
Debt securities 18 8
Other | Not rated    
Asset-backed securities:    
Debt securities 13 40
Other | Loans and receivables, category    
Asset-backed securities:    
Asset-backed securities 18 20
Corporate and other debt securities 13 28
Mortgage-backed securities | Loans and receivables, category    
Asset-backed securities:    
Asset-backed securities 1,457 2,046
Mortgage-backed securities | Investment grade | Loans and receivables, category    
Asset-backed securities:    
Asset-backed securities 1,457 2,046
Mortgage-backed securities | Other | Loans and receivables, category    
Asset-backed securities:    
Asset-backed securities 0 0
Other asset-backed securities | Loans and receivables, category    
Asset-backed securities:    
Asset-backed securities 1,608 1,613
Other asset-backed securities | Investment grade | Loans and receivables, category    
Asset-backed securities:    
Asset-backed securities 1,590 1,593
Other asset-backed securities | Other | Loans and receivables, category    
Asset-backed securities:    
Asset-backed securities 18 20
Corporate and other debt securities | Loans and receivables, category    
Asset-backed securities:    
Gross exposure 6,838 5,408
Allowance for impairment losses (3) (3)
Corporate and other debt securities | Investment grade | Loans and receivables, category    
Asset-backed securities:    
Gross exposure 6,807 5,360
Corporate and other debt securities | Other | Loans and receivables, category    
Asset-backed securities:    
Gross exposure £ 31 £ 48