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Share capital and other equity - Reserves (Details)
£ / shares in Units, shares in Millions
1 Months Ended 12 Months Ended 34 Months Ended
Aug. 30, 2022
May 31, 2023
shares
Mar. 31, 2021
shares
Dec. 31, 2023
GBP (£)
£ / shares
shares
Dec. 31, 2022
GBP (£)
£ / shares
shares
Dec. 31, 2021
GBP (£)
£ / shares
Dec. 31, 2023
£ / shares
shares
Shares repurchased during the period | £ [1],[2]       £ 2,057,000,000 £ 2,054,000,000 £ 1,423,000,000  
Par value | £ / shares       £ 1.0769 £ 1.0769   £ 1.0769
Ordinary share from discontinued operations basic | £ / shares       (0.01222) (0.027) £ 0.043 [3]  
Ordinary share from discontinued operations dilutive | £ / shares       £ (0.012) £ (0.026) £ 0.043 [3]  
Share consolidation ratio 0.9286            
Ordinary shares              
Own shares held | shares       187     187
Par value | £ / shares       £ 1.076923076923077     £ 1.076923076923077
Number of shares transferred to treasury | shares   133 200        
Number of shares used to satisfy the exercise of options and vesting of awards | shares             146
Share awards and options | Ordinary shares              
Shares repurchased during the period | £         £ 0    
Share awards and options | Own shares held              
Own shares held | shares       12 13   12
Par value | £ / shares         £ 1.0769    
Delivery of own shares held | shares         1    
[1] In May 2023, there was an agreement to buy 469.2 million (March 2022 – 549.9 million, March 2021 - 591.0 million) ordinary shares of the Company from UK Government Investments Ltd (UKGI) at 268.4 pence per share (March 2022 - 220.5 pence per share, March 2021 - 190.5 pence per share) for the total consideration of £1.3 billion (2022 - £1.2 billion, 2021 - £1.1 billion). NatWest Group cancelled 336.2 million of the purchased ordinary shares, amounting to £906.9 million excluding fees and held the remaining 133.0 million shares as Own Shares Held, amounting to £358.8 million excluding fees. The nominal value of the share cancellation has been transferred to the capital redemption reserve.
[2] NatWest Group plc repurchased and cancelled 460.3 million (2022 – 379.3 million, 2021 - 310.8 million) shares, of which 2.3 million were settled in January 2024. The total consideration of these shares excluding fees was £1,151.7 million (2022 - £829.3 million, 2021 £676.2 million), of which £4.9 million were settled in January 2024, as part of the On Market Share Buyback Programmes. The nominal value of the share cancellations has been transferred to the capital redemption reserve.
[3] Comparative results have been re-presented from those previously published to reclassify certain items as discontinued operations as described in Note 8 to the consolidated financial statements.