XML 311 R101.htm IDEA: XBRL DOCUMENT v3.25.0.1
Pensions - Sensitivities of the present value of defined benefit obligation (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Pensions    
Weighted average duration of defined benefit obligation 13 years 14 years
Main Pension Scheme    
Pensions    
Active members 6.90% 7.50%
Deferred members 40.70% 41.90%
Pensioners and dependants 52.40% 50.60%
Total proportions to the different classes of scheme 100.00% 100.00%
Discount rate | Main Pension Scheme    
Pensions    
Increase in actuarial assumption (as a percent) 0.50% 0.50%
(Decrease)/ increase in value of assets £ (1,554) £ (2,292)
(Decrease)/ increase in value of liabilities 1,529 1,746
Increase in net pension (obligations)/assets £ 25 £ 546
Inflation | Main Pension Scheme    
Pensions    
Increase in actuarial assumption (as a percent) 0.25% 0.25%
(Decrease)/ increase in value of assets £ 648 £ 811
(Decrease)/ increase in value of liabilities (571) (578)
Increase in net pension (obligations)/assets £ (77) £ (233)
Credit spreads | Main Pension Scheme    
Pensions    
Increase in actuarial assumption (as a percent) 0.50% 0.50%
Decrease in actuarial assumption (as a percent) 50.00% 50.00%
(Decrease)/ increase in value of assets £ (4) £ (12)
(Decrease)/ increase in value of liabilities 1,529 1,746
Increase in net pension (obligations)/assets £ (1,525) £ (1,734)
Percentage of larger reasonably possible increase in actuarial assumption 0.50% 0.50%
Credit spreads | Actuarial assumption of longevity, decrease by 2 years | Main Pension Scheme    
Pensions    
Increase in net pension (obligations)/assets £ 3,100 £ 3,500
Net pension assets/obligations, assuming no change in one of the actuarial assumption 1,700 1,900
Increase in net pension (obligations)/assets 200  
Credit spreads | Actuarial assumption of longevity, decrease by 1 year | Main Pension Scheme    
Pensions    
Increase in net pension (obligations)/assets 2,300 2,600
Net pension assets/obligations, assuming no change in one of the actuarial assumption 900 900
Increase in net pension (obligations)/assets (700) (1,000)
Credit spreads | Actuarial assumption of longevity, no change | Main Pension Scheme    
Pensions    
Increase in net pension (obligations)/assets 1,500 1,700
Increase in net pension (obligations)/assets (1,700) (2,000)
Credit spreads | Actuarial assumption of longevity, increase by 1 year | Main Pension Scheme    
Pensions    
Increase in net pension (obligations)/assets 700 900
Net pension assets/obligations, assuming no change in one of the actuarial assumption (800) (900)
Increase in net pension (obligations)/assets (2,500) (2,900)
Credit spreads | Actuarial assumption of longevity, increase by 2 years | Main Pension Scheme    
Pensions    
Increase in net pension (obligations)/assets   100
Net pension assets/obligations, assuming no change in one of the actuarial assumption (1,700) (1,800)
Increase in net pension (obligations)/assets £ (3,400) £ (3,900)
Longevity increase | Main Pension Scheme    
Pensions    
Actuarial assumption of longevity increase 1 year 1 year
(Decrease)/ increase in value of assets £ 295  
(Decrease)/ increase in value of liabilities (832) £ (902)
Increase in net pension (obligations)/assets £ 537 £ 902
Pension increase | Main Pension Scheme    
Pensions    
Increase in actuarial assumption (as a percent) 0.25% 0.25%
(Decrease)/ increase in value of assets £ 205  
(Decrease)/ increase in value of liabilities (605) £ (706)
Increase in net pension (obligations)/assets £ 400 £ 706
Equity values | Main Pension Scheme    
Pensions    
Increase in actuarial assumption (as a percent) 10.00% 10.00%
(Decrease)/ increase in value of assets £ 199 £ 229
Increase in net pension (obligations)/assets £ (199) £ (229)