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Fair values of financial assets and liabilities - Schedule of Sensitivity of Level 3 Valuations (Details)
£ in Millions
Jun. 30, 2023
GBP (£)
Dec. 31, 2022
GBP (£)
Jan. 01, 2022
GBP (£)
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Loans and advances to customers £ 450,720 £ 454,899 [1]  
Other 84,218 78,978  
Financial assets at fair value through profit or loss 191,525 180,769 [1] £ 206,971
Financial liabilities at fair value through profit or loss 23,777 17,755 [1] £ 23,123
Financial liabilities at fair value through profit or loss      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Other 4,954 5,159  
Total financial liabilities carried at fair value 23,777 17,755  
Financial liabilities at fair value through profit or loss | Level 3      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Total financial liabilities carried at fair value 46 45  
Carrying value | Level 3 | Financial liabilities carried at fair value      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Total financial liabilities carried at fair value 584 653  
Carrying value | Financial assets carried at fair value | Level 3      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Total financial assets carried at fair value 12,213 12,199  
Carrying value | Financial liabilities at fair value through profit or loss      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Financial liabilities at fair value through profit or loss 46 45  
Carrying value | Favourable changes | Financial liabilities at fair value through profit or loss      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Financial liabilities at fair value through profit or loss 1 1  
Carrying value | Unfavourable changes | Financial liabilities at fair value through profit or loss      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Financial liabilities at fair value through profit or loss (1) (1)  
Interest rate volatility | Carrying value | Option pricing model | Derivative financial liabilities      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Interest rate derivatives 538 608  
Interest rate volatility | Carrying value | Favourable changes | Option pricing model | Derivative financial liabilities      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Interest rate derivatives 9 0  
Interest rate volatility | Carrying value | Unfavourable changes | Option pricing model | Derivative financial liabilities      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Interest rate derivatives £ (13) £ 0  
Minimum | Interest rate volatility | Derivative financial liabilities      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Significant unobservable input, liabilities 0.15 0.17  
Maximum | Interest rate volatility | Derivative financial liabilities      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Significant unobservable input, liabilities 1.90 1.05  
Financial assets at fair value through profit or loss      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Total financial assets carried at fair value £ 191,525 £ 180,769  
Financial assets at fair value through profit or loss | Level 3      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Total financial assets carried at fair value 11,414 11,304  
Financial assets at fair value through profit or loss | Favourable changes      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Loans and advances to customers 325 356  
Financial assets at fair value through profit or loss | Favourable changes | Underlying asset/net asset value (incl. property prices)      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Equity and venture capital investments 80 81  
Financial assets at fair value through profit or loss | Favourable changes | Underlying asset/net asset value (incl. property prices) | Broker Quotes | Discounted cash flow      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Unlisted equities, debt securities and property partnerships in the life funds 0 2  
Financial assets at fair value through profit or loss | Unfavourable changes      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Loans and advances to customers 298 (385)  
Financial assets at fair value through profit or loss | Unfavourable changes | Underlying asset/net asset value (incl. property prices)      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Equity and venture capital investments (106) (88)  
Financial assets at fair value through profit or loss | Unfavourable changes | Underlying asset/net asset value (incl. property prices) | Broker Quotes | Discounted cash flow      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Unlisted equities, debt securities and property partnerships in the life funds 14 (33)  
Financial assets at fair value through profit or loss | Carrying value      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Loans and advances to customers 7,641 7,883  
Financial assets at fair value through profit or loss 11,414 11,304  
Financial assets at fair value through profit or loss | Carrying value | Underlying asset/net asset value (incl. property prices)      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Equity and venture capital investments 805 771  
Financial assets at fair value through profit or loss | Carrying value | Underlying asset/net asset value (incl. property prices) | Broker Quotes | Discounted cash flow      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Unlisted equities, debt securities and property partnerships in the life funds 375 581  
Financial assets at fair value through profit or loss | Earnings multiple | Favourable changes | Market approach      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Equity and venture capital investments 93 84  
Financial assets at fair value through profit or loss | Earnings multiple | Unfavourable changes | Market approach      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Equity and venture capital investments (93) (84)  
Financial assets at fair value through profit or loss | Earnings multiple | Carrying value | Market approach      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Equity and venture capital investments 2,195 1,907  
Financial assets at fair value through profit or loss | Credit spreads | Favourable changes | Discounted cash flow      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Other 14 9  
Financial assets at fair value through profit or loss | Credit spreads | Unfavourable changes | Discounted cash flow      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Other (8) (9)  
Financial assets at fair value through profit or loss | Credit spreads | Carrying value | Discounted cash flow      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Other £ 398 £ 162  
Financial assets at fair value through profit or loss | Minimum | Interest rate spreads      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Significant unobservable input, assets (0.0050) (0.0050)  
Financial assets at fair value through profit or loss | Minimum | Earnings multiple      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Significant unobservable input, assets, multiple 1.9 1.9  
Financial assets at fair value through profit or loss | Maximum | Interest rate spreads      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Significant unobservable input, assets 0.0272 0.0289  
Financial assets at fair value through profit or loss | Maximum | Earnings multiple      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Significant unobservable input, assets, multiple 13.2 15.2  
Financial assets at fair value through other comprehensive income | Carrying value      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Financial assets at fair value through other comprehensive income £ 292 £ 342  
Financial assets at fair value through other comprehensive income | Carrying value | Favourable changes      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Financial assets at fair value through other comprehensive income 18 15  
Financial assets at fair value through other comprehensive income | Carrying value | Unfavourable changes      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Financial assets at fair value through other comprehensive income (18) (15)  
Derivative financial assets | Interest rate volatility | Favourable changes | Option pricing model      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Interest rate derivatives 3 9  
Derivative financial assets | Interest rate volatility | Unfavourable changes | Option pricing model      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Interest rate derivatives (7) (7)  
Derivative financial assets | Interest rate volatility | Carrying value | Option pricing model      
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]      
Interest rate derivatives £ 507 £ 553  
[1] Restated for presentational changes and for the adoption of IFRS 17; see notes 1, 24 and 25.