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Insurance business - Schedule of insurance service result (Details) - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Insurance revenue      
Insurance service expense £ 1,867 £ 1,641 £ 1,650
Insurance service expense      
Insurance service expense (1,409) (1,394) (1,339)
Net expense from reinsurance contracts held (28) (49) (23)
Insurance service result 430 198 288
Total life      
Insurance revenue      
Contractual service margin recognised for services provided 392 233 216
Change in risk adjustments for non-financial risk for risk expired 24 31 27
Expected incurred claims and other insurance services expenses 959 939 977
Charges to funds in respect of policyholder tax and other 66 40 68
Amounts relating to the changes in liabilities for remaining coverage: 1,441 1,243 1,288
Recovery of insurance acquisition cash flows 56 49 56
Insurance service expense 1,497 1,292 1,344
Insurance service expense      
Incurred claims and other directly attributable expenses (977) (1,017) (961)
Changes that relate to past service: adjustment to liabilities for incurred claims 1 (7) 3
Changes that relate to future service: losses and reversal of losses on onerous contracts (86) (26) (46)
Amortisation of insurance acquisition cash flows (56) (49) (56)
Net impairment loss on insurance acquisition assets 0 (1) (8)
Insurance service expense (1,118) (1,100) (1,068)
Total non-life      
Insurance revenue      
Insurance service expense 370 349 306
Insurance service expense      
Insurance service expense £ (291) £ (294) £ (271)