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Derivatives - fair value of the hedging derivative (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Jan. 01, 2019
[1]
Fair value of the hedging derivative        
Notional amount of financial assets £ 179 £ 181    
Derivative financial assets 166,523 150,029 [1]   £ 133,349
Derivative financial liabilities 160,705 146,879 [1]   £ 128,897
Derivatives        
Fair value of the hedging derivative        
Derivative financial liabilities 130 22    
Fair value hedging        
Fair value of the hedging derivative        
Changes in fair value used for hedge ineffectiveness 877 610 £ 54  
IFRS netting | Derivatives        
Fair value of the hedging derivative        
Derivative financial liabilities (5,049) (3,464)    
Derivatives before IFRS netting        
Fair value of the hedging derivative        
Notional amount of financial assets 208,900 226,200    
Changes in fair value used for hedge ineffectiveness (699) (270)    
Derivatives before IFRS netting | Derivatives        
Fair value of the hedging derivative        
Derivative financial liabilities 5,179 3,486    
Interest rate swaps | Fair value hedging        
Fair value of the hedging derivative        
Notional amount of financial assets 65,500 65,100    
Derivative financial assets 1,878 1,186    
Changes in fair value used for hedge ineffectiveness (875) (585)    
Interest rate swaps | Fair value hedging | Derivatives        
Fair value of the hedging derivative        
Derivative financial liabilities 3,844 2,641    
Interest rate swaps | Cash flow hedging        
Fair value of the hedging derivative        
Notional amount of financial assets 128,800 148,400    
Derivative financial assets 2,035 1,450    
Changes in fair value used for hedge ineffectiveness 217 366    
Interest rate swaps | Cash flow hedging | Derivatives        
Fair value of the hedging derivative        
Derivative financial liabilities 1,210 833    
Derivatives        
Fair value of the hedging derivative        
Derivative financial assets 93 202    
Derivatives | IFRS netting | Derivatives        
Fair value of the hedging derivative        
Derivative financial assets (3,857) (2,500)    
Derivatives | Derivatives before IFRS netting        
Fair value of the hedging derivative        
Derivative financial assets 3,950 2,702    
Exchange rate contracts        
Fair value of the hedging derivative        
Notional amount of financial assets 3,328,000 3,750,000    
Derivative financial assets 52,239 44,792    
Derivative financial liabilities 55,107 47,141    
Exchange rate contracts | Cash flow hedging        
Fair value of the hedging derivative        
Notional amount of financial assets 14,400 12,300    
Changes in fair value used for hedge ineffectiveness (52) (59)    
Exchange rate contracts | Cash flow hedging | Derivatives        
Fair value of the hedging derivative        
Derivative financial liabilities 116 8    
Exchange rate contracts | Net investment hedging        
Fair value of the hedging derivative        
Notional amount of financial assets 200 400    
Changes in fair value used for hedge ineffectiveness 11 8    
Exchange rate contracts | Net investment hedging | Derivatives        
Fair value of the hedging derivative        
Derivative financial liabilities 9 4    
Exchange rate contracts | Derivatives | Cash flow hedging        
Fair value of the hedging derivative        
Derivative financial assets 37 66    
Interest rate contracts        
Fair value of the hedging derivative        
Notional amount of financial assets 10,703,000 11,293,000    
Derivative financial assets 114,115 104,957    
Derivative financial liabilities 105,214 99,331    
Credit derivatives        
Fair value of the hedging derivative        
Notional amount of financial assets 15,000 17,000    
Derivative financial assets 161 280    
Derivative financial liabilities 376 359    
Equity and commodity contracts        
Fair value of the hedging derivative        
Notional amount of financial assets 1,000 3,000    
Derivative financial assets 8      
Derivative financial liabilities £ 8 £ 48    
[1] 2019 data has been retrospectively revised to reflect reclassification of balances held with central banks. Refer to Accounting policies Note 1 for further details.