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Maturities of assets and liabilities (Details) - GBP (£)
£ in Millions
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Assets      
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 assets 24,788 17,144  
Total assets 906,697 881,453  
Liabilities      
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  
Derivative financial instruments 21,676 20,149  
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 liabilities 25,918 19,026  
Subordinated liabilities 10,089 10,253 £ 10,730
Total liabilities 860,809 834,088  
Balance sheet maturity - legal basis      
Assets      
Cash and balances at central banks 62,705 78,110  
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 assets 41,535 35,442  
Total assets 906,697 881,453  
Liabilities      
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  
Derivative financial instruments 21,676 20,149  
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 liabilities 30,644 22,827  
Subordinated liabilities 10,089 10,253  
Total liabilities 860,809 834,088  
Up to 1 month £m | Balance sheet maturity - legal basis      
Assets      
Cash and balances at central banks 62,705 78,110  
Financial assets at fair value through profit or loss 13,096 13,286  
Derivative financial instruments 2,405 2,747  
Loans and advances to banks 2,842 5,768  
Loans and advances to customers 18,748 19,148  
Reverse repurchase agreements 22,793 19,475  
Debt securities 40 427  
Financial assets at amortised cost 44,423 44,818  
Financial assets at fair value through other comprehensive income 8 276  
Other assets 3,231 1,901  
Total assets 125,868 141,138  
Liabilities      
Deposits from banks 1,783 2,092  
Customer deposits 392,403 427,657  
Repurchase agreements at amortised cost 8,698 3,222  
Financial liabilities at fair value through profit or loss 15,443 8,971  
Derivative financial instruments 2,409 2,821  
Debt securities in issue at amortised cost 3,222 1,954  
Liabilities arising from insurance and participating investment contracts 478 456  
Liabilities arising from non-participating investment contracts 419 348  
Other liabilities 7,519 5,846  
Subordinated liabilities 0 0  
Total liabilities 432,374 453,367  
1 to 3 months £m | Balance sheet maturity - legal basis      
Assets      
Cash and balances at central banks 0 0  
Financial assets at fair value through profit or loss 6,843 8,279  
Derivative financial instruments 2,302 1,380  
Loans and advances to banks 1,350 1,213  
Loans and advances to customers 12,747 11,274  
Reverse repurchase agreements 13,356 10,242  
Debt securities 1,439 185  
Financial assets at amortised cost 28,892 22,914  
Financial assets at fair value through other comprehensive income 178 428  
Other assets 1,015 1,024  
Total assets 39,230 34,025  
Liabilities      
Deposits from banks 669 1,065  
Customer deposits 27,489 11,052  
Repurchase agreements at amortised cost 5,140 4,057  
Financial liabilities at fair value through profit or loss 3,677 4,115  
Derivative financial instruments 2,218 1,381  
Debt securities in issue at amortised cost 10,190 8,057  
Liabilities arising from insurance and participating investment contracts 436 324  
Liabilities arising from non-participating investment contracts 646 527  
Other liabilities 1,711 1,169  
Subordinated liabilities 638 0  
Total liabilities 52,814 31,747  
3 to 6 months £m | Balance sheet maturity - legal basis      
Assets      
Cash and balances at central banks 0 0  
Financial assets at fair value through profit or loss 6,680 6,192  
Derivative financial instruments 1,079 907  
Loans and advances to banks 903 873  
Loans and advances to customers 15,375 13,310  
Reverse repurchase agreements 6,945 5,002  
Debt securities 232 7  
Financial assets at amortised cost 23,455 19,192  
Financial assets at fair value through other comprehensive income 39 221  
Other assets 157 71  
Total assets 31,410 26,583  
Liabilities      
Deposits from banks 540 201  
Customer deposits 18,009 9,138  
Repurchase agreements at amortised cost 1,660 23  
Financial liabilities at fair value through profit or loss 774 4,883  
Derivative financial instruments 1,054 814  
Debt securities in issue at amortised cost 6,074 9,260  
Liabilities arising from insurance and participating investment contracts 51 12  
Liabilities arising from non-participating investment contracts 1,058 789  
Other liabilities 351 372  
Subordinated liabilities 277 15  
Total liabilities 29,848 25,507  
6 to 9 months £m | Balance sheet maturity - legal basis      
Assets      
Cash and balances at central banks 0 0  
Financial assets at fair value through profit or loss 3,675 1,999  
Derivative financial instruments 774 693  
Loans and advances to banks 452 413  
Loans and advances to customers 12,271 11,555  
Reverse repurchase agreements 2,764 1,969  
Debt securities 358 93  
Financial assets at amortised cost 15,845 14,030  
Financial assets at fair value through other comprehensive income 140 272  
Other assets 1,030 777  
Total assets 21,464 17,771  
Liabilities      
Deposits from banks 171 218  
Customer deposits 18,650 6,925  
Repurchase agreements at amortised cost 0 2  
Financial liabilities at fair value through profit or loss 131 479  
Derivative financial instruments 781 660  
Debt securities in issue at amortised cost 4,265 5,873  
Liabilities arising from insurance and participating investment contracts 102 178  
Liabilities arising from non-participating investment contracts 1,211 787  
Other liabilities 684 1,532  
Subordinated liabilities 0 47  
Total liabilities 25,995 16,701  
9 to 12 months £m | Balance sheet maturity - legal basis      
Assets      
Cash and balances at central banks 0 0  
Financial assets at fair value through profit or loss 2,837 1,499  
Derivative financial instruments 659 448  
Loans and advances to banks 187 228  
Loans and advances to customers 11,010 10,326  
Reverse repurchase agreements 1,524 620  
Debt securities 273 297  
Financial assets at amortised cost 12,994 11,471  
Financial assets at fair value through other comprehensive income 728 617  
Other assets 106 65  
Total assets 17,324 14,100  
Liabilities      
Deposits from banks 171 184  
Customer deposits 18,327 6,093  
Repurchase agreements at amortised cost 13,227 0  
Financial liabilities at fair value through profit or loss 1,048 169  
Derivative financial instruments 588 526  
Debt securities in issue at amortised cost 2,089 4,554  
Liabilities arising from insurance and participating investment contracts 224 287  
Liabilities arising from non-participating investment contracts 1,165 776  
Other liabilities 446 469  
Subordinated liabilities 1,070 789  
Total liabilities 38,355 13,847  
1 to 2 years £m | Balance sheet maturity - legal basis      
Assets      
Cash and balances at central banks 0 0  
Financial assets at fair value through profit or loss 4,244 3,403  
Derivative financial instruments 1,237 1,094  
Loans and advances to banks 583 579  
Loans and advances to customers 34,790 32,667  
Reverse repurchase agreements 1,355 754  
Debt securities 4,128 2,588  
Financial assets at amortised cost 40,856 36,588  
Financial assets at fair value through other comprehensive income 3,908 1,663  
Other assets 295 137  
Total assets 50,540 42,885  
Liabilities      
Deposits from banks 350 349  
Customer deposits 4,153 7,685  
Repurchase agreements at amortised cost 93 21,448  
Financial liabilities at fair value through profit or loss 402 658  
Derivative financial instruments 1,207 1,420  
Debt securities in issue at amortised cost 8,190 12,489  
Liabilities arising from insurance and participating investment contracts 1,510 2,485  
Liabilities arising from non-participating investment contracts 4,362 4,280  
Other liabilities 1,548 639  
Subordinated liabilities 1,706 1,943  
Total liabilities 23,521 53,396  
2 to 5 years £m | Balance sheet maturity - legal basis      
Assets      
Cash and balances at central banks 0 0  
Financial assets at fair value through profit or loss 11,030 9,420  
Derivative financial instruments 3,062 2,448  
Loans and advances to banks 1,579 1,686  
Loans and advances to customers 67,901 72,029  
Reverse repurchase agreements 739 709  
Debt securities 2,183 5,742  
Financial assets at amortised cost 72,402 80,166  
Financial assets at fair value through other comprehensive income 11,746 11,587  
Other assets 643 160  
Total assets 98,883 103,781  
Liabilities      
Deposits from banks 2,413 2,044  
Customer deposits 3,456 2,520  
Repurchase agreements at amortised cost 8,942 8,951  
Financial liabilities at fair value through profit or loss 1,466 926  
Derivative financial instruments 3,407 2,829  
Debt securities in issue at amortised cost 26,525 24,418  
Liabilities arising from insurance and participating investment contracts 7,992 11,235  
Liabilities arising from non-participating investment contracts 9,807 9,517  
Other liabilities 2,237 876  
Subordinated liabilities 2,219 3,130  
Total liabilities 68,464 66,446  
Over 5 years £m | Balance sheet maturity - legal basis      
Assets      
Cash and balances at central banks 0 0  
Financial assets at fair value through profit or loss 167,520 159,240  
Derivative financial instruments 12,547 12,639  
Loans and advances to banks 4 4  
Loans and advances to customers 287,015 279,436  
Reverse repurchase agreements 0 0  
Debt securities 5,891 6,016  
Financial assets at amortised cost 292,910 285,456  
Financial assets at fair value through other comprehensive income 13,943 12,528  
Other assets 35,058 31,307  
Total assets 521,978 501,170  
Liabilities      
Deposits from banks 61 0  
Customer deposits 258 326  
Repurchase agreements at amortised cost 0 0  
Financial liabilities at fair value through profit or loss 4,670 4,713  
Derivative financial instruments 10,012 9,698  
Debt securities in issue at amortised cost 10,279 8,987  
Liabilities arising from insurance and participating investment contracts 111,271 105,146  
Liabilities arising from non-participating investment contracts 32,560 27,954  
Other liabilities 16,148 11,924  
Subordinated liabilities 4,179 4,329  
Total liabilities £ 189,438 £ 173,077