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Derivatives - Summary of derivatives held for hedging (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Derivatives      
Fair value of the hedging derivative      
Net hedging derivative assets £ 99,545 £ 106,139  
Net hedging derivative liabilities £ 94,047 £ 100,835  
Exchange rate contracts      
Fair value of the hedging derivative      
Notional amount 3,168,000 3,167,000  
Net hedging derivative assets £ 45,829 £ 38,517  
Net hedging derivative liabilities £ 45,237 £ 39,286  
Interest rate Contracts      
Fair value of the hedging derivative      
Notional amount 10,742,000 8,919,000  
Net hedging derivative assets £ 53,480 £ 67,458  
Net hedging derivative liabilities £ 48,535 £ 61,206  
Credit derivatives      
Fair value of the hedging derivative      
Notional amount 15,000 14,000  
Net hedging derivative assets £ 236 £ 154  
Net hedging derivative liabilities £ 275 343  
Equity and commodity contracts      
Fair value of the hedging derivative      
Net hedging derivative assets   £ 10  
Derivatives held for hedging before IFRS netting | Derivatives      
Fair value of the hedging derivative      
Notional amount 233,100 206,500  
Net hedging derivative assets £ 4,378 £ 2,169  
Net hedging derivative liabilities 9,337 3,316  
Changes in fair value used for hedge ineffectiveness (2,859)    
IFRS netting/Clearing house settlements      
Fair value of the hedging derivative      
Net hedging derivative assets (4,235) (2,125)  
Net hedging derivative liabilities (9,205) (3,196)  
Derivatives after IFRS netting      
Fair value of the hedging derivative      
Net hedging derivative assets 143 44  
Net hedging derivative liabilities 132 120  
Derivatives      
Fair value of the hedging derivative      
Net hedging derivative liabilities 132 120  
Fair value hedging      
Fair value of the hedging derivative      
Changes in fair value used for hedge ineffectiveness £ (442) £ (846) £ 877
Fair value hedging | Interest rate Contracts      
Fair value of the hedging derivative      
Notional amount 58,700 65,600  
Net hedging derivative assets £ 1,554 £ 1,176  
Net hedging derivative liabilities 3,009 2,057  
Changes in fair value used for hedge ineffectiveness £ 482 £ 897  
Cash flow hedging | Exchange rate contracts      
Fair value of the hedging derivative      
Notional amount 6,300 7,300  
Net hedging derivative assets £ 142 £ 30  
Net hedging derivative liabilities 112 109  
Changes in fair value used for hedge ineffectiveness £ (3) £ 27  
Cash flow hedging | Interest rate Contracts      
Fair value of the hedging derivative      
Notional amount 167,600 133,100  
Net hedging derivative assets £ 2,681 £ 952  
Net hedging derivative liabilities 6,207 1,149  
Changes in fair value used for hedge ineffectiveness £ (3,342) £ (931)  
Net investment hedging | Exchange rate contracts      
Fair value of the hedging derivative      
Notional amount 500 500  
Net hedging derivative assets £ 1 £ 11  
Net hedging derivative liabilities 9 1  
Changes in fair value used for hedge ineffectiveness 4 7  
Derivatives      
Fair value of the hedging derivative      
Net hedging derivative assets £ 143 £ 44