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Tax expense (Details) - GBP (£)
£ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Dec. 31, 2022
Income taxes paid (refund) [abstract]        
Profit before tax £ 3,870 £ 1,633 [1] £ 3,149 [1]  
UK corporation tax thereon at 23.5 per cent (2022: 19.0 per cent) (909) (311) (598)  
Impact of surcharge on banking profits (141) (215) (124)  
Non-deductible costs: conduct charges (2) (1) (4)  
Non-deductible costs: bank levy 0 (28) 0  
Other non-deductible costs (80) (31) (39)  
Non-taxable income 27 74 64  
Tax relief on coupons on other equity instruments 60 38 45  
Tax-exempt gains on disposals 27 29 38  
Tax losses where no deferred tax recognised 0 14 (3)  
Remeasurement of deferred tax due to rate changes (8) 48 12  
Differences in overseas tax rates 5 14 (77)  
Policyholder tax (37) (25) (40)  
Deferred tax asset in respect of life assurance expenses 64 1 20  
Adjustments in respect of prior years (11) 240 3  
Tax effect of share of results of joint ventures (1) (4) 1  
Tax expense £ (1,006) £ (157) [2] £ (702) [2]  
UK corporation tax rate 23.50%     19.00%
[1]     Restated for presentational changes and for the adoption of IFRS 17; see notes 1, 24 and 25.
[2]     Restated for presentational changes and for the adoption of IFRS 17; see notes 1, 24 and 25.