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FINANCIAL RISK MANAGEMENT - Schedule of Debt Securities, Treasury and Other Bills Held at Fair Value Through Profit or Loss (Details) - GBP (£)
£ in Millions
Dec. 31, 2021
Dec. 31, 2020
Asset-backed securities:    
Total other assets [1] £ 15,449 £ 16,846
Total held at fair value through profit or loss [1] 206,771 191,169
Debt securities, treasury and other bills    
Asset-backed securities:    
Other asset-backed securities   4
Other | Sub-investment grade    
Asset-backed securities:    
Financial assets at fair value through profit or loss, classified as held for trading 1,491 344
Other | Not rated    
Asset-backed securities:    
Financial assets at fair value through profit or loss, classified as held for trading 1,390 1,839
Treasury shares    
Asset-backed securities:    
Debt instruments at fair value 40,379 38,852
Total other assets 52,769 58,413
Total held at fair value through profit or loss 59,608 66,244
Treasury shares | Debt securities, treasury and other bills    
Trading assets:    
Government securities 6,579 7,574
Asset-backed securities:    
Mortgage-backed securities 12 7
Other asset-backed securities 3 4
Asset-backed securities 15 11
Corporate and other debt securities 245 246
Financial assets at fair value through profit or loss, classified as held for trading 6,839 7,831
Treasury shares | Other assets held at fair value through profit or loss    
Trading assets:    
Government securities 11,101 13,048
Asset-backed securities:    
Mortgage-backed securities 421 460
Other asset-backed securities 272 261
Asset-backed securities 693 721
Corporate and other debt securities 19,557 17,888
Other public sector securities 2,731 2,354
Bank and building society certificates of deposit 6,297 4,841
Treasury and other bills 19 18
Reinsurance contracts held that are assets 12,371 19,543
Treasury shares | Investment grade    
Asset-backed securities:    
Debt instruments at fair value 37,498 36,697
Total other assets 49,888 56,258
Total held at fair value through profit or loss 56,727 64,061
Treasury shares | Investment grade | Debt securities, treasury and other bills    
Trading assets:    
Government securities 6,579 7,574
Asset-backed securities:    
Mortgage-backed securities 12 4
Other asset-backed securities 3 0
Asset-backed securities 15 4
Corporate and other debt securities 245 225
Financial assets at fair value through profit or loss, classified as held for trading 6,839 7,803
Treasury shares | Investment grade | Other assets held at fair value through profit or loss    
Trading assets:    
Government securities 11,097 13,048
Asset-backed securities:    
Mortgage-backed securities 421 457
Other asset-backed securities 272 261
Asset-backed securities 693 718
Corporate and other debt securities 16,692 15,743
Other public sector securities 2,722 2,347
Bank and building society certificates of deposit 6,294 4,841
Treasury and other bills 19 18
Reinsurance contracts held that are assets 12,371 19,543
Treasury shares | Other    
Asset-backed securities:    
Debt instruments at fair value 2,881 2,155
Total other assets 2,881 2,155
Total held at fair value through profit or loss 2,881 2,183
Treasury shares | Other | Debt securities, treasury and other bills    
Trading assets:    
Government securities 0 0
Asset-backed securities:    
Mortgage-backed securities 0 3
Other asset-backed securities 0  
Asset-backed securities 0 7
Corporate and other debt securities 0 21
Financial assets at fair value through profit or loss, classified as held for trading 0 28
Treasury shares | Other | Other assets held at fair value through profit or loss    
Trading assets:    
Government securities 4 0
Asset-backed securities:    
Mortgage-backed securities 0 3
Other asset-backed securities 0 0
Asset-backed securities 0 3
Corporate and other debt securities 2,865 2,145
Other public sector securities 9 7
Bank and building society certificates of deposit 3 0
Treasury and other bills 0 0
Reinsurance contracts held that are assets £ 0 £ 0
[1] See note 1 regarding changes to presentation.