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Derivatives - Impact of the accumulated amount of fair hedge adjustments (Details)
£ in Millions
12 Months Ended
Dec. 31, 2024
GBP (£)
Dec. 31, 2024
GBP (£)
₨ / £
Dec. 31, 2024
GBP (£)
$ / £
Dec. 31, 2024
GBP (£)
SFr / £
Dec. 31, 2024
GBP (£)
¥ / £
Dec. 31, 2024
GBP (£)
¥ / $
Dec. 31, 2024
GBP (£)
kr / $
Dec. 31, 2023
GBP (£)
Dec. 31, 2023
GBP (£)
₨ / £
Dec. 31, 2023
GBP (£)
$ / £
Dec. 31, 2023
GBP (£)
SFr / £
Dec. 31, 2023
GBP (£)
¥ / £
Dec. 31, 2023
GBP (£)
¥ / $
Dec. 31, 2023
GBP (£)
kr / $
Dec. 31, 2022
GBP (£)
Fair value hedging                              
Derivatives                              
Changes in fair value used for hedge ineffectiveness £ (954)             £ (364)             £ (442)
Carrying value adjustment for discontinued fair value hedges 46             57              
Fair value hedging | Interest rate risk                              
Derivatives                              
Carrying value of hedged assets 42,042 £ 42,042 £ 42,042 £ 42,042 £ 42,042 £ 42,042 £ 42,042 28,559 £ 28,559 £ 28,559 £ 28,559 £ 28,559 £ 28,559 £ 28,559  
Carrying value of hedged liabilities 43,702 43,702 43,702 43,702 43,702 43,702 43,702 42,396 42,396 42,396 42,396 42,396 42,396 42,396  
Impact on hedged items included in carrying value, assets (507) (507) (507) (507) (507) (507) (507) (142) (142) (142) (142) (142) (142) (142)  
Impact on hedged items included in carrying value, liabilities (1,028) (1,028) (1,028) (1,028) (1,028) (1,028) (1,028)                
Fair value hedging | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 42,100 42,100 42,100 42,100 42,100 42,100 42,100 28,500 28,500 28,500 28,500 28,500 28,500 28,500  
Changes in fair value used for hedge ineffectiveness (529)             803              
Fair value hedging | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 41,000 41,000 41,000 41,000 41,000 41,000 41,000 39,100 39,100 39,100 39,100 39,100 39,100 39,100  
Impact on hedged items included in carrying value, liabilities               (1,474) (1,474) (1,474) (1,474) (1,474) (1,474) (1,474)  
Changes in fair value used for hedge ineffectiveness (425)             (1,167)              
Fair value hedging | Interest rate risk | Bank and customer deposits                              
Derivatives                              
Carrying value of hedged liabilities 382 382 382 382 382 382 382 745 745 745 745 745 745 745  
Impact on hedged items included in carrying value, liabilities               (3) (3) (3) (3) (3) (3) (3)  
Changes in fair value used for hedge ineffectiveness (3)             (6)              
Fair value hedging | Interest rate risk | Other financial liabilities - debt securities in issue                              
Derivatives                              
Carrying value of hedged liabilities 37,548 37,548 37,548 37,548 37,548 37,548 37,548 36,305 36,305 36,305 36,305 36,305 36,305 36,305  
Impact on hedged items included in carrying value, liabilities (784) (784) (784) (784) (784) (784) (784) (1,151) (1,151) (1,151) (1,151) (1,151) (1,151) (1,151)  
Changes in fair value used for hedge ineffectiveness (315)             (1,023)              
Fair value hedging | Interest rate risk | Financial liabilities, subordinated                              
Derivatives                              
Carrying value of hedged liabilities 5,772 5,772 5,772 5,772 5,772 5,772 5,772 5,346 5,346 5,346 5,346 5,346 5,346 5,346  
Impact on hedged items included in carrying value, liabilities (244) (244) (244) (244) (244) (244) (244) (320) (320) (320) (320) (320) (320) (320)  
Changes in fair value used for hedge ineffectiveness (107)             (138)              
Fair value hedging | Interest rate risk | Loans to banks and customers | Amortised cost                              
Derivatives                              
Carrying value of hedged assets 5,318 5,318 5,318 5,318 5,318 5,318 5,318 5,663 5,663 5,663 5,663 5,663 5,663 5,663  
Impact on hedged items included in carrying value, assets (478) (478) (478) (478) (478) (478) (478) (316) (316) (316) (316) (316) (316) (316)  
Changes in fair value used for hedge ineffectiveness (182)             167              
Fair value hedging | Interest rate risk | Other financial assets - Securities                              
Derivatives                              
Carrying value of hedged assets 36,724 36,724 36,724 36,724 36,724 36,724 36,724 22,896 22,896 22,896 22,896 22,896 22,896 22,896  
Impact on hedged items included in carrying value, assets (29) (29) (29) (29) (29) (29) (29) 174 174 174 174 174 174 174  
Changes in fair value used for hedge ineffectiveness (347)             636              
Fair value hedging | Interest rate risk | Debt securities                              
Derivatives                              
Carrying value of hedged assets 4,631 4,631 4,631 4,631 4,631 4,631 4,631 2,957 2,957 2,957 2,957 2,957 2,957 2,957  
Fair value hedging | 0-3 months | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 4,000 4,000 4,000 4,000 4,000 4,000 4,000 100 100 100 100 100 100 100  
Fair value hedging | 0-3 months | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 800 800 800 800 800 800 800 2,700 2,700 2,700 2,700 2,700 2,700 2,700  
Fair value hedging | 3-12 months | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 5,500 5,500 5,500 5,500 5,500 5,500 5,500 1,700 1,700 1,700 1,700 1,700 1,700 1,700  
Fair value hedging | 3-12 months | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 4,300 4,300 4,300 4,300 4,300 4,300 4,300 3,300 3,300 3,300 3,300 3,300 3,300 3,300  
Fair value hedging | More than 1 year but less than 3 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 12,600 12,600 12,600 12,600 12,600 12,600 12,600 7,100 7,100 7,100 7,100 7,100 7,100 7,100  
Fair value hedging | More than 1 year but less than 3 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 14,200 14,200 14,200 14,200 14,200 14,200 14,200 13,400 13,400 13,400 13,400 13,400 13,400 13,400  
Fair value hedging | More than 3 years but less than 5 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 9,700 9,700 9,700 9,700 9,700 9,700 9,700 9,000 9,000 9,000 9,000 9,000 9,000 9,000  
Fair value hedging | More than 3 years but less than 5 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 15,500 15,500 15,500 15,500 15,500 15,500 15,500 11,300 11,300 11,300 11,300 11,300 11,300 11,300  
Fair value hedging | 5-10 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 6,600 6,600 6,600 6,600 6,600 6,600 6,600 5,900 5,900 5,900 5,900 5,900 5,900 5,900  
Fair value hedging | 5-10 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 5,700 5,700 5,700 5,700 5,700 5,700 5,700 7,700 7,700 7,700 7,700 7,700 7,700 7,700  
Fair value hedging | Over 10 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 3,700 3,700 3,700 3,700 3,700 3,700 3,700 4,700 4,700 4,700 4,700 4,700 4,700 4,700  
Fair value hedging | Over 10 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 500 500 500 500 500 500 500 700 700 700 700 700 700 700  
Cash flow hedging | Interest rate risk                              
Derivatives                              
Carrying value of hedged assets 85,690 85,690 85,690 85,690 85,690 85,690 85,690 85,206 85,206 85,206 85,206 85,206 85,206 85,206  
Carrying value of hedged liabilities 82,230 82,230 82,230 82,230 82,230 82,230 82,230 54,831 54,831 54,831 54,831 54,831 54,831 54,831  
Cash flow hedging | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 85,700 £ 85,700 £ 85,700 £ 85,700 £ 85,700 £ 85,700 £ 85,700 £ 85,200 £ 85,200 £ 85,200 £ 85,200 £ 85,200 £ 85,200 £ 85,200  
Average fixed interest rate 2.82% 2.82% 2.82% 2.82% 2.82% 2.82% 2.82% 2.04% 2.04% 2.04% 2.04% 2.04% 2.04% 2.04%  
Changes in fair value used for hedge ineffectiveness £ (192)             £ (2,818)              
Cash flow hedging | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 82,200 £ 82,200 £ 82,200 £ 82,200 £ 82,200 £ 82,200 £ 82,200 £ 54,800 £ 54,800 £ 54,800 £ 54,800 £ 54,800 £ 54,800 £ 54,800  
Average fixed interest rate 4.03% 4.03% 4.03% 4.03% 4.03% 4.03% 4.03% 3.79% 3.79% 3.79% 3.79% 3.79% 3.79% 3.79%  
Changes in fair value used for hedge ineffectiveness £ (391)             £ 1,617              
Cash flow hedging | Interest rate risk | Bank and customer deposits                              
Derivatives                              
Carrying value of hedged liabilities 82,081 £ 82,081 £ 82,081 £ 82,081 £ 82,081 £ 82,081 £ 82,081 54,675 £ 54,675 £ 54,675 £ 54,675 £ 54,675 £ 54,675 £ 54,675  
Changes in fair value used for hedge ineffectiveness (391)             1,610              
Cash flow hedging | Interest rate risk | Other financial liabilities - debt securities in issue                              
Derivatives                              
Carrying value of hedged liabilities 149 149 149 149 149 149 149 156 156 156 156 156 156 156  
Changes in fair value used for hedge ineffectiveness               7              
Cash flow hedging | Interest rate risk | Loans to banks and customers | Amortised cost                              
Derivatives                              
Carrying value of hedged assets 84,065 84,065 84,065 84,065 84,065 84,065 84,065 84,583 84,583 84,583 84,583 84,583 84,583 84,583  
Changes in fair value used for hedge ineffectiveness (190)             (2,796)              
Cash flow hedging | Interest rate risk | Other financial assets - Securities                              
Derivatives                              
Carrying value of hedged assets 1,625 £ 1,625 £ 1,625 £ 1,625 £ 1,625 £ 1,625 £ 1,625 623 £ 623 £ 623 £ 623 £ 623 £ 623 £ 623  
Changes in fair value used for hedge ineffectiveness (2)             (22)              
Cash flow hedging | Exchange rate risk                              
Derivatives                              
Average foreign exchange rate   109.07 1.3 1.08 176.04 130.79 9.21   105.03 1.28 1.08 170.54 129.75 9.21  
Carrying value of hedged assets 1,821 £ 1,821 £ 1,821 £ 1,821 £ 1,821 £ 1,821 £ 1,821 2,422 £ 2,422 £ 2,422 £ 2,422 £ 2,422 £ 2,422 £ 2,422  
Carrying value of hedged liabilities 8,474 8,474 8,474 8,474 8,474 8,474 8,474 11,661 11,661 11,661 11,661 11,661 11,661 11,661  
Cash flow hedging | Exchange rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 1,800 1,800 1,800 1,800 1,800 1,800 1,800 2,600 2,600 2,600 2,600 2,600 2,600 2,600  
Cash flow hedging | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 12,600 12,600 12,600 12,600 12,600 12,600 12,600 14,300 14,300 14,300 14,300 14,300 14,300 14,300  
Changes in fair value used for hedge ineffectiveness (1)             12              
Cash flow hedging | Exchange rate risk | Other financial liabilities - debt securities in issue                              
Derivatives                              
Carrying value of hedged liabilities 8,279 8,279 8,279 8,279 8,279 8,279 8,279 11,460 11,460 11,460 11,460 11,460 11,460 11,460  
Changes in fair value used for hedge ineffectiveness (1)             9              
Cash flow hedging | Exchange rate risk | Financial liabilities (other)                              
Derivatives                              
Carrying value of hedged liabilities 195 195 195 195 195 195 195 201 201 201 201 201 201 201  
Changes in fair value used for hedge ineffectiveness               3              
Cash flow hedging | Exchange rate risk | Loans to banks and customers | Amortised cost                              
Derivatives                              
Carrying value of hedged assets 223 223 223 223 223 223 223 583 583 583 583 583 583 583  
Cash flow hedging | Exchange rate risk | Other financial assets - Securities                              
Derivatives                              
Carrying value of hedged assets 1,598 1,598 1,598 1,598 1,598 1,598 1,598 1,839 1,839 1,839 1,839 1,839 1,839 1,839  
Cash flow hedging | 0-3 months | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 10,600 £ 10,600 £ 10,600 £ 10,600 £ 10,600 £ 10,600 £ 10,600 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900  
Average fixed interest rate 3.85% 3.85% 3.85% 3.85% 3.85% 3.85% 3.85% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16%  
Cash flow hedging | 0-3 months | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 2,500 £ 2,500 £ 2,500 £ 2,500 £ 2,500 £ 2,500 £ 2,500 £ 800 £ 800 £ 800 £ 800 £ 800 £ 800 £ 800  
Average fixed interest rate 4.34% 4.34% 4.34% 4.34% 4.34% 4.34% 4.34% 0.93% 0.93% 0.93% 0.93% 0.93% 0.93% 0.93%  
Cash flow hedging | 0-3 months | Exchange rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 500 £ 500 £ 500 £ 500 £ 500 £ 500 £ 500 £ 300 £ 300 £ 300 £ 300 £ 300 £ 300 £ 300  
Cash flow hedging | 0-3 months | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 3,100 3,100 3,100 3,100 3,100 3,100 3,100 8,400 8,400 8,400 8,400 8,400 8,400 8,400  
Cash flow hedging | 3-12 months | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 10,800 £ 10,800 £ 10,800 £ 10,800 £ 10,800 £ 10,800 £ 10,800 £ 14,500 £ 14,500 £ 14,500 £ 14,500 £ 14,500 £ 14,500 £ 14,500  
Average fixed interest rate 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 2.46% 2.46% 2.46% 2.46% 2.46% 2.46% 2.46%  
Cash flow hedging | 3-12 months | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 17,100 £ 17,100 £ 17,100 £ 17,100 £ 17,100 £ 17,100 £ 17,100 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900  
Average fixed interest rate 4.76% 4.76% 4.76% 4.76% 4.76% 4.76% 4.76% 2.54% 2.54% 2.54% 2.54% 2.54% 2.54% 2.54%  
Cash flow hedging | 3-12 months | Exchange rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 800 £ 800 £ 800 £ 800 £ 800 £ 800 £ 800 £ 700 £ 700 £ 700 £ 700 £ 700 £ 700 £ 700  
Cash flow hedging | 3-12 months | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 2,500 2,500 2,500 2,500 2,500 2,500 2,500 800 800 800 800 800 800 800  
Cash flow hedging | More than 1 year but less than 3 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 22,000 £ 22,000 £ 22,000 £ 22,000 £ 22,000 £ 22,000 £ 22,000 £ 33,900 £ 33,900 £ 33,900 £ 33,900 £ 33,900 £ 33,900 £ 33,900  
Average fixed interest rate 2.52% 2.52% 2.52% 2.52% 2.52% 2.52% 2.52% 1.19% 1.19% 1.19% 1.19% 1.19% 1.19% 1.19%  
Cash flow hedging | More than 1 year but less than 3 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 50,700 £ 50,700 £ 50,700 £ 50,700 £ 50,700 £ 50,700 £ 50,700 £ 39,100 £ 39,100 £ 39,100 £ 39,100 £ 39,100 £ 39,100 £ 39,100  
Average fixed interest rate 3.97% 3.97% 3.97% 3.97% 3.97% 3.97% 3.97% 4.36% 4.36% 4.36% 4.36% 4.36% 4.36% 4.36%  
Cash flow hedging | More than 1 year but less than 3 years | Exchange rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 500 £ 500 £ 500 £ 500 £ 500 £ 500 £ 500 £ 1,600 £ 1,600 £ 1,600 £ 1,600 £ 1,600 £ 1,600 £ 1,600  
Cash flow hedging | More than 1 year but less than 3 years | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 3,700 3,700 3,700 3,700 3,700 3,700 3,700 2,400 2,400 2,400 2,400 2,400 2,400 2,400  
Cash flow hedging | More than 3 years but less than 5 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 30,300 £ 30,300 £ 30,300 £ 30,300 £ 30,300 £ 30,300 £ 30,300 £ 22,800 £ 22,800 £ 22,800 £ 22,800 £ 22,800 £ 22,800 £ 22,800  
Average fixed interest rate 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.30% 3.30% 3.30% 3.30% 3.30% 3.30% 3.30%  
Cash flow hedging | More than 3 years but less than 5 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100  
Average fixed interest rate 3.09% 3.09% 3.09% 3.09% 3.09% 3.09% 3.09% 2.28% 2.28% 2.28% 2.28% 2.28% 2.28% 2.28%  
Cash flow hedging | More than 3 years but less than 5 years | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 3,300 £ 3,300 £ 3,300 £ 3,300 £ 3,300 £ 3,300 £ 3,300 £ 2,500 £ 2,500 £ 2,500 £ 2,500 £ 2,500 £ 2,500 £ 2,500  
Cash flow hedging | 5-10 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 12,000 £ 12,000 £ 12,000 £ 12,000 £ 12,000 £ 12,000 £ 12,000 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100  
Average fixed interest rate 2.84% 2.84% 2.84% 2.84% 2.84% 2.84% 2.84% 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% 1.77%  
Cash flow hedging | 5-10 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 1,400 £ 1,400 £ 1,400 £ 1,400 £ 1,400 £ 1,400 £ 1,400 £ 300 £ 300 £ 300 £ 300 £ 300 £ 300 £ 300  
Average fixed interest rate 3.64% 3.64% 3.64% 3.64% 3.64% 3.64% 3.64% 2.36% 2.36% 2.36% 2.36% 2.36% 2.36% 2.36%  
Cash flow hedging | 5-10 years | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn)               £ 200 £ 200 £ 200 £ 200 £ 200 £ 200 £ 200  
Cash flow hedging | Over 10 years | Interest rate risk | Hedging assets                              
Derivatives                              
Average fixed interest rate 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12%  
Cash flow hedging | Over 10 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 400 £ 400 £ 400 £ 400 £ 400 £ 400 £ 400 £ 600 £ 600 £ 600 £ 600 £ 600 £ 600 £ 600  
Average fixed interest rate 4.18% 4.18% 4.18% 4.18% 4.18% 4.18% 4.18% 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% 4.50%