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Analysis of income, expenses and impairment losses (Details) - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Analysis of income, expenses and impairment losses    
Loans to customers - amortised cost £ 4,433 £ 4,698
Loans to banks - amortised cost 217 189
Other financial assets 132 303
Interest receivable 4,782 5,190
Deposists by banks 99 89
Customer deposits 319 432
Other financial liabilities 314 481
Subordinated liabilities 130 218
Internal funding of trading businesses 4 118
Interest payable 866 1,338
Net interest income 3,916 3,852
Net fees and commissions 1,027 1,038
Income from trading activities    
Foreign exchange 183 344
Interest rate (6) 472
Credit 54 (68)
Own credit adjustments   53
Equity, commodities and other   1
Income from trading activities 231 802
Loss on redemption of own debt (138)  
Operating lease and other rental income 108 119
Changes in fair value of financial assets or liabilities designated at fair value through profit or loss (4) (21)
Changes in fair value of other financial assets fair value through profit or loss   (10)
Hedge ineffectiveness 13 (10)
Loss on disposal of amortised assets (6) (16)
Profit on disposal of fair value through other comprehensive income assets 24 108
Profit on sale of property, plant and equipment 6 11
Share of profit of associated entities 129 12
Profit/(loss) on disposal of subsidiaries and associates 1 (99)
Other income 12 52
Other operating income 145 146
Total non-interest income 1,403 1,986
Total income 5,319 5,838
Operating expenses    
Salaries 1,192 1,290
Bonus awards 142 179
Temporary and contract costs 114 148
Social security costs 152 153
Pension costs 177 164
- defined benefit schemes 110 101
- defined contribution schemes 67 63
Other 125 21
Staff costs 1,902 1,955
Premises and equipment 502 651
Depreciation and amortisation 414 448
Other administrative expenses 703 696
Administrative expenses 1,619 1,795
Operating expenses 3,521 3,750
Impairment releases/(losses) £ 707 £ (2,858)
Impairments as a % of gross loans to customers 0.38% 1.59%
Cost related to reduction in property portfolio included in premises and equipment £ 20 £ 102
Accelerated depreciation 12 40
Charge relating to reduction in property portfolio, included in depreciation and amortization 23 43
Freehold    
Operating expenses    
Cost related to reduction in property portfolio included in premises and equipment 1  
Charge relating to reduction in property portfolio, included in depreciation and amortization 4  
Leasehold    
Operating expenses    
Cost related to reduction in property portfolio included in premises and equipment 19 102
Charge relating to reduction in property portfolio, included in depreciation and amortization £ 19 £ 43