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Analysis of changes in financing during the year - Subordinated liabilities and MRELs (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Subordinated liabilities      
Analysis of changes in financing during the year      
At 1 January £ 5,714 £ 6,260 £ 8,429
Issue of subordinated liabilities 1,386 611 648
Redemption of subordinated liabilities (999) (1,250) (3,693)
Interest paid on subordinated liabilities (459) (439) (374)
Net cash flows from financing activities (72) (1,078) (3,419)
Effects of foreign exchange (54) (166) 597
Changes in fair value of subordinated liabilities and MRELs 76 230 (594)
Preference shares reclassified to subordinated liabilities     750
(Gain)/loss on redemption of own debt   (3) 161
Interest payable on subordinated liabilities and MRELs 465 464 370
Other 7 7 (34)
At 31 December 6,136 5,714 6,260
MRELs      
Analysis of changes in financing during the year      
At 1 January 21,660 22,265 23,423
Issue of MRELs 5,051 3,973 3,721
Maturity and redemption of MRELs (2,854) (4,236) (4,992)
Interest paid on MRELs (885) (844) (703)
Net cash flows from financing activities 1,312 (1,107) (1,974)
Effects of foreign exchange (49) (987) 1,889
Changes in fair value of subordinated liabilities and MRELs 124 601 (1,806)
Interest payable on subordinated liabilities and MRELs 942 888 733
Other 9    
At 31 December £ 23,998 £ 21,660 £ 22,265