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Tax - Schedule of Reconciliation of the charge resulting from applying the standard UK Corporation tax rate (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Disclosure of income tax [Abstract]      
Profit before tax £ 5,971 £ 7,503 £ 4,782
UK corporation tax thereon (1,493) (1,763) (909)
Impact of surcharge on banking profits (157) (305) (339)
Non-deductible costs: conduct charges (27) (29) (5)
Non-deductible costs: bank levy (37) (35) (28)
Other non-deductible costs (73) (106) (70)
Non-taxable income 78 80 138
Tax relief on coupons on other equity instruments 125 124 83
Tax-exempt gains on disposals 98 35 67
Tax losses where no deferred tax recognised (7) (2) 11
Remeasurement of deferred tax due to rate changes 0 (14) 60
Differences in overseas tax rates (9) 6 (63)
Policyholder tax (75) (61) (65)
Deferred tax asset in respect of life assurance expenses (5) 84 21
Adjustments in respect of prior years 94 0 243
Tax effect of share of results of joint ventures (1) 1 (3)
Provision for Pillar 2 current income taxes (5) 0 0
Tax expense £ (1,494) £ (1,985) £ (859)