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Consolidated income statement - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Profit or loss [abstract]      
Interest income £ 28,051 £ 17,645 [1],[2] £ 13,258 [1]
Interest expense (14,753) (4,723) [1],[2] (2,386) [1]
Net interest income 13,298 12,922 [1],[2] 10,872 [1]
Fee and commission income 2,926 2,790 [1],[2] 2,608 [1]
Fee and commission expense (1,095) (1,070) [1],[2] (1,185) [1]
Net fee and commission income 1,831 1,720 [1],[2] 1,423 [1]
Net trading income (losses) 18,049 (19,987) [1],[2] 17,200 [1]
Insurance premium income [1]     8,283
Insurance revenue 3,008 2,461 [1],[2]  
Insurance service expense (2,414) (3,863) [1],[2]  
Net income from reinsurance contracts held 2 62 [1],[2]  
Insurance service result 596 (1,340) [1],[2]  
Other operating income 1,631 1,339 [1],[2] 1,172 [1]
Other income 22,107 (18,268) [1],[2] 28,078 [1]
Total income 35,405 (5,346) [1],[2] 38,950 [1]
Insurance claims and changes in insurance and investment contract liabilities [1]     (21,120)
Net finance (expense) income from insurance, participating investment and reinsurance contracts (11,684) 15,893 [1],[2]  
Movement in third party interests in consolidated funds (1,109) 1,035 [1],[2] (1,506) [1]
Change in non-participating investment contracts (3,983) 3,959 [1],[2]  
Total income, after net finance (expense) income in respect of insurance and investment contracts 18,629 15,541 [1],[2] 16,324 [1]
Operating expenses (10,823) (9,237) [1],[2] (10,800) [1]
Impairment (charge) credit (303) (1,522) [1],[2] 1,378 [1]
Profit before tax 7,503 4,782 [3],[4] 6,902 [1]
Tax expense (1,985) (859) [1],[2] (1,017) [1]
Profit for the year 5,518 3,923 [1],[2],[5] 5,885 [1]
Profit attributable to ordinary shareholders 4,933 3,389 [1],[2] 5,355 [1]
Profit attributable to other equity holders 527 438 [1],[2] 429 [1]
Profit attributable to equity holders 5,460 3,827 [1],[2] 5,784 [1]
Profit attributable to non-controlling interests £ 58 £ 96 [1],[2] £ 101 [1]
Basic earnings per share (in GBP per share) £ 0.076 £ 0.049 [1],[2] £ 0.075 [1]
Diluted earnings per share (in GBP per share) £ 0.075 £ 0.049 [1],[2] £ 0.075 [1]
[1]
2    Restated for presentational changes; see note 1.
[2]
1    Restated for the adoption of IFRS 17; see notes 1 and 54.
[3]
2    Restated for presentational changes; see note 1.
[4]
1    Restated for the adoption of IFRS 17; see notes 1 and 54.
[5]
1    Restated for the adoption of IFRS 17; see notes 1 and 54.