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Measurement basis of financial assets and liabilities - Schedule of Financial Assets and Liabilities (Details) - GBP (£)
£ in Millions
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
FINANCIAL INSTRUMENTS (Details) - Schedule of Financial Assets and Liabilites [Line Items]      
Cash and balances at central banks £ 62,705 £ 78,110 £ 91,388
Financial assets at fair value through profit or loss 215,925 203,318  
Derivative financial instruments 24,065 22,356  
Loans and advances to banks 7,900 10,764  
Loans and advances to customers 459,857 449,745  
Reverse repurchase agreements 49,476 38,771  
Debt securities 14,544 15,355  
Financial assets at amortised cost 531,777 514,635  
Financial assets at fair value through other comprehensive income 30,690 27,592  
Other 5,654 742  
Total financial assets 870,816 846,753  
Deposits from banks 6,158 6,153  
Customer deposits 482,745 471,396  
Repurchase agreements at amortised cost 37,760 37,703  
Financial liabilities at fair value through profit or loss 27,611 24,914  
Liabilities £m 21,676 20,149  
Notes in circulation 2,121 1,392  
Debt securities in issue at amortised cost 70,834 75,592  
Liabilities arising from insurance and participating investment contracts 122,064 120,123  
Liabilities arising from non-participating investment contracts 51,228 44,978  
Other 6,986 1,968  
Subordinated liabilities 10,089 10,253 £ 10,730
Total financial liabilities 839,272 814,621  
Held at amortised cost £m      
FINANCIAL INSTRUMENTS (Details) - Schedule of Financial Assets and Liabilites [Line Items]      
Cash and balances at central banks 62,705 78,110  
Loans and advances to banks 7,900 10,764  
Loans and advances to customers 459,857 449,745  
Reverse repurchase agreements 49,476 38,771  
Debt securities 14,544 15,355  
Financial assets at amortised cost 531,777 514,635  
Other 173 299  
Total financial assets 594,655 593,044  
Deposits from banks 6,158 6,153  
Customer deposits 482,745 471,396  
Repurchase agreements at amortised cost 37,760 37,703  
Notes in circulation 2,121 1,392  
Debt securities in issue at amortised cost 70,834 75,592  
Other 1,708 1,960  
Subordinated liabilities 10,089 10,253  
Total financial liabilities 611,415 604,449  
Held for trading £m | Mandatorily held at fair value through profit or loss      
FINANCIAL INSTRUMENTS (Details) - Schedule of Financial Assets and Liabilites [Line Items]      
Financial assets at fair value through profit or loss 25,450 21,638  
Derivative financial instruments 24,017 22,253  
Total financial assets 49,467 43,891  
Financial liabilities at fair value through profit or loss 22,981 19,631  
Liabilities £m 21,321 19,644  
Total financial liabilities 44,302 39,275  
Other | Mandatorily held at fair value through profit or loss      
FINANCIAL INSTRUMENTS (Details) - Schedule of Financial Assets and Liabilites [Line Items]      
Financial assets at fair value through profit or loss 190,475 181,680  
Total financial assets 190,475 181,680  
Derivatives designated as hedging instruments £m      
FINANCIAL INSTRUMENTS (Details) - Schedule of Financial Assets and Liabilites [Line Items]      
Derivative financial instruments 48 103  
Total financial assets 48 103  
Liabilities £m 355 505  
Total financial liabilities 355 505  
At fair value through other comprehensive income £m      
FINANCIAL INSTRUMENTS (Details) - Schedule of Financial Assets and Liabilites [Line Items]      
Financial assets at fair value through other comprehensive income 30,690 27,592  
Total financial assets 30,690 27,592  
Insurance and participating investment contracts      
FINANCIAL INSTRUMENTS (Details) - Schedule of Financial Assets and Liabilites [Line Items]      
Other 5,481 443  
Total financial assets 5,481 443  
Liabilities arising from insurance and participating investment contracts 122,064 120,123  
Other 5,278 8  
Total financial liabilities 127,342 120,131  
Designated at fair value through profit or loss £m      
FINANCIAL INSTRUMENTS (Details) - Schedule of Financial Assets and Liabilites [Line Items]      
Financial liabilities at fair value through profit or loss 4,630 5,283  
Liabilities arising from non-participating investment contracts 51,228 44,978  
Total financial liabilities £ 55,858 £ 50,261