Maturities of assets and liabilities (Details) - GBP (£)
£ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
| Assets |
|
|
|
| Cash and balances at central banks |
£ 56,661
|
£ 62,705
|
£ 78,110
|
| Financial assets at fair value through profit or loss |
240,413
|
215,925
|
|
| Derivative financial instruments |
19,727
|
24,065
|
|
| Loans and advances to banks |
7,236
|
7,900
|
|
| Loans and advances to customers |
481,463
|
459,857
|
|
| Reverse repurchase agreements |
50,986
|
49,476
|
|
| Debt securities |
13,987
|
14,544
|
|
| Financial assets at amortised cost |
553,672
|
531,777
|
|
| Financial assets at fair value through other comprehensive income |
36,320
|
30,690
|
|
| Other assets |
20,655
|
24,788
|
|
| Total assets |
944,072
|
906,697
|
|
| Liabilities |
|
|
|
| Deposits from banks |
5,779
|
6,158
|
|
| Customer deposits |
496,457
|
482,745
|
|
| Repurchase agreements at amortised cost |
38,570
|
37,760
|
|
| Financial liabilities at fair value through profit or loss |
27,909
|
27,611
|
|
| Derivative financial instruments |
16,132
|
21,676
|
|
| Debt securities in issue at amortised cost |
78,271
|
70,834
|
|
| Liabilities arising from insurance and participating investment contracts |
135,284
|
122,064
|
|
| Liabilities arising from non-participating investment contracts |
61,640
|
51,228
|
|
| Other liabilities |
20,945
|
25,918
|
|
| Subordinated liabilities |
9,894
|
10,089
|
£ 10,253
|
| Total liabilities |
896,205
|
860,809
|
|
| Balance sheet maturity - legal basis |
|
|
|
| Assets |
|
|
|
| Cash and balances at central banks |
56,661
|
62,705
|
|
| Financial assets at fair value through profit or loss |
240,413
|
215,925
|
|
| Derivative financial instruments |
19,727
|
24,065
|
|
| Loans and advances to banks |
7,236
|
7,900
|
|
| Loans and advances to customers |
481,463
|
459,857
|
|
| Reverse repurchase agreements |
50,986
|
49,476
|
|
| Debt securities |
13,987
|
14,544
|
|
| Financial assets at amortised cost |
553,672
|
531,777
|
|
| Financial assets at fair value through other comprehensive income |
36,320
|
30,690
|
|
| Other assets |
37,279
|
41,535
|
|
| Total assets |
944,072
|
906,697
|
|
| Liabilities |
|
|
|
| Deposits from banks |
5,779
|
6,158
|
|
| Customer deposits |
496,457
|
482,745
|
|
| Repurchase agreements at amortised cost |
38,570
|
37,760
|
|
| Financial liabilities at fair value through profit or loss |
27,909
|
27,611
|
|
| Derivative financial instruments |
16,132
|
21,676
|
|
| Debt securities in issue at amortised cost |
78,271
|
70,834
|
|
| Liabilities arising from insurance and participating investment contracts |
135,284
|
122,064
|
|
| Liabilities arising from non-participating investment contracts |
61,640
|
51,228
|
|
| Other liabilities |
26,269
|
30,644
|
|
| Subordinated liabilities |
9,894
|
10,089
|
|
| Total liabilities |
896,205
|
860,809
|
|
| Up to 1 month £m | Balance sheet maturity - legal basis |
|
|
|
| Assets |
|
|
|
| Cash and balances at central banks |
56,661
|
62,705
|
|
| Financial assets at fair value through profit or loss |
12,449
|
13,096
|
|
| Derivative financial instruments |
1,626
|
2,405
|
|
| Loans and advances to banks |
1,890
|
2,842
|
|
| Loans and advances to customers |
18,991
|
18,748
|
|
| Reverse repurchase agreements |
9,911
|
22,793
|
|
| Debt securities |
88
|
40
|
|
| Financial assets at amortised cost |
30,880
|
44,423
|
|
| Financial assets at fair value through other comprehensive income |
205
|
8
|
|
| Other assets |
2,668
|
3,231
|
|
| Total assets |
104,489
|
125,868
|
|
| Liabilities |
|
|
|
| Deposits from banks |
1,921
|
1,783
|
|
| Customer deposits |
423,727
|
392,403
|
|
| Repurchase agreements at amortised cost |
11,865
|
8,698
|
|
| Financial liabilities at fair value through profit or loss |
13,100
|
15,443
|
|
| Derivative financial instruments |
1,254
|
2,409
|
|
| Debt securities in issue at amortised cost |
243
|
3,222
|
|
| Liabilities arising from insurance and participating investment contracts |
476
|
478
|
|
| Liabilities arising from non-participating investment contracts |
481
|
419
|
|
| Other liabilities |
6,754
|
7,519
|
|
| Subordinated liabilities |
0
|
0
|
|
| Total liabilities |
459,821
|
432,374
|
|
| 1 to 3 months £m | Balance sheet maturity - legal basis |
|
|
|
| Assets |
|
|
|
| Cash and balances at central banks |
0
|
0
|
|
| Financial assets at fair value through profit or loss |
8,163
|
6,843
|
|
| Derivative financial instruments |
1,759
|
2,302
|
|
| Loans and advances to banks |
1,576
|
1,350
|
|
| Loans and advances to customers |
13,984
|
12,747
|
|
| Reverse repurchase agreements |
14,193
|
13,356
|
|
| Debt securities |
459
|
1,439
|
|
| Financial assets at amortised cost |
30,212
|
28,892
|
|
| Financial assets at fair value through other comprehensive income |
934
|
178
|
|
| Other assets |
841
|
1,015
|
|
| Total assets |
41,909
|
39,230
|
|
| Liabilities |
|
|
|
| Deposits from banks |
386
|
669
|
|
| Customer deposits |
25,731
|
27,489
|
|
| Repurchase agreements at amortised cost |
9,699
|
5,140
|
|
| Financial liabilities at fair value through profit or loss |
6,021
|
3,677
|
|
| Derivative financial instruments |
1,361
|
2,218
|
|
| Debt securities in issue at amortised cost |
9,345
|
10,190
|
|
| Liabilities arising from insurance and participating investment contracts |
675
|
436
|
|
| Liabilities arising from non-participating investment contracts |
718
|
646
|
|
| Other liabilities |
1,783
|
1,711
|
|
| Subordinated liabilities |
1,130
|
638
|
|
| Total liabilities |
56,849
|
52,814
|
|
| 3 to 6 months £m | Balance sheet maturity - legal basis |
|
|
|
| Assets |
|
|
|
| Cash and balances at central banks |
0
|
0
|
|
| Financial assets at fair value through profit or loss |
5,217
|
6,680
|
|
| Derivative financial instruments |
759
|
1,079
|
|
| Loans and advances to banks |
1,249
|
903
|
|
| Loans and advances to customers |
15,869
|
15,375
|
|
| Reverse repurchase agreements |
11,114
|
6,945
|
|
| Debt securities |
1,597
|
232
|
|
| Financial assets at amortised cost |
29,829
|
23,455
|
|
| Financial assets at fair value through other comprehensive income |
276
|
39
|
|
| Other assets |
153
|
157
|
|
| Total assets |
36,234
|
31,410
|
|
| Liabilities |
|
|
|
| Deposits from banks |
813
|
540
|
|
| Customer deposits |
17,233
|
18,009
|
|
| Repurchase agreements at amortised cost |
6,511
|
1,660
|
|
| Financial liabilities at fair value through profit or loss |
2,103
|
774
|
|
| Derivative financial instruments |
677
|
1,054
|
|
| Debt securities in issue at amortised cost |
11,459
|
6,074
|
|
| Liabilities arising from insurance and participating investment contracts |
393
|
51
|
|
| Liabilities arising from non-participating investment contracts |
1,063
|
1,058
|
|
| Other liabilities |
276
|
351
|
|
| Subordinated liabilities |
0
|
277
|
|
| Total liabilities |
40,528
|
29,848
|
|
| 6 to 9 months £m | Balance sheet maturity - legal basis |
|
|
|
| Assets |
|
|
|
| Cash and balances at central banks |
0
|
0
|
|
| Financial assets at fair value through profit or loss |
3,636
|
3,675
|
|
| Derivative financial instruments |
583
|
774
|
|
| Loans and advances to banks |
575
|
452
|
|
| Loans and advances to customers |
13,550
|
12,271
|
|
| Reverse repurchase agreements |
3,901
|
2,764
|
|
| Debt securities |
370
|
358
|
|
| Financial assets at amortised cost |
18,396
|
15,845
|
|
| Financial assets at fair value through other comprehensive income |
415
|
140
|
|
| Other assets |
1,083
|
1,030
|
|
| Total assets |
24,113
|
21,464
|
|
| Liabilities |
|
|
|
| Deposits from banks |
951
|
171
|
|
| Customer deposits |
10,711
|
18,650
|
|
| Repurchase agreements at amortised cost |
876
|
0
|
|
| Financial liabilities at fair value through profit or loss |
342
|
131
|
|
| Derivative financial instruments |
388
|
781
|
|
| Debt securities in issue at amortised cost |
6,594
|
4,265
|
|
| Liabilities arising from insurance and participating investment contracts |
465
|
102
|
|
| Liabilities arising from non-participating investment contracts |
1,050
|
1,211
|
|
| Other liabilities |
912
|
684
|
|
| Subordinated liabilities |
0
|
0
|
|
| Total liabilities |
22,289
|
25,995
|
|
| 9 to 12 months £m | Balance sheet maturity - legal basis |
|
|
|
| Assets |
|
|
|
| Cash and balances at central banks |
0
|
0
|
|
| Financial assets at fair value through profit or loss |
1,880
|
2,837
|
|
| Derivative financial instruments |
418
|
659
|
|
| Loans and advances to banks |
231
|
187
|
|
| Loans and advances to customers |
11,358
|
11,010
|
|
| Reverse repurchase agreements |
1,489
|
1,524
|
|
| Debt securities |
446
|
273
|
|
| Financial assets at amortised cost |
13,524
|
12,994
|
|
| Financial assets at fair value through other comprehensive income |
451
|
728
|
|
| Other assets |
90
|
106
|
|
| Total assets |
16,363
|
17,324
|
|
| Liabilities |
|
|
|
| Deposits from banks |
115
|
171
|
|
| Customer deposits |
9,055
|
18,327
|
|
| Repurchase agreements at amortised cost |
232
|
13,227
|
|
| Financial liabilities at fair value through profit or loss |
419
|
1,048
|
|
| Derivative financial instruments |
318
|
588
|
|
| Debt securities in issue at amortised cost |
3,193
|
2,089
|
|
| Liabilities arising from insurance and participating investment contracts |
501
|
224
|
|
| Liabilities arising from non-participating investment contracts |
1,038
|
1,165
|
|
| Other liabilities |
734
|
446
|
|
| Subordinated liabilities |
500
|
1,070
|
|
| Total liabilities |
16,105
|
38,355
|
|
| 1 to 2 years £m | Balance sheet maturity - legal basis |
|
|
|
| Assets |
|
|
|
| Cash and balances at central banks |
0
|
0
|
|
| Financial assets at fair value through profit or loss |
7,267
|
4,244
|
|
| Derivative financial instruments |
1,179
|
1,237
|
|
| Loans and advances to banks |
473
|
583
|
|
| Loans and advances to customers |
37,418
|
34,790
|
|
| Reverse repurchase agreements |
6,875
|
1,355
|
|
| Debt securities |
1,152
|
4,128
|
|
| Financial assets at amortised cost |
45,918
|
40,856
|
|
| Financial assets at fair value through other comprehensive income |
4,163
|
3,908
|
|
| Other assets |
222
|
295
|
|
| Total assets |
58,749
|
50,540
|
|
| Liabilities |
|
|
|
| Deposits from banks |
449
|
350
|
|
| Customer deposits |
6,413
|
4,153
|
|
| Repurchase agreements at amortised cost |
6,269
|
93
|
|
| Financial liabilities at fair value through profit or loss |
362
|
402
|
|
| Derivative financial instruments |
1,119
|
1,207
|
|
| Debt securities in issue at amortised cost |
13,787
|
8,190
|
|
| Liabilities arising from insurance and participating investment contracts |
2,383
|
1,510
|
|
| Liabilities arising from non-participating investment contracts |
4,018
|
4,362
|
|
| Other liabilities |
1,646
|
1,548
|
|
| Subordinated liabilities |
0
|
1,706
|
|
| Total liabilities |
36,446
|
23,521
|
|
| 2 to 5 years £m | Balance sheet maturity - legal basis |
|
|
|
| Assets |
|
|
|
| Cash and balances at central banks |
0
|
0
|
|
| Financial assets at fair value through profit or loss |
14,941
|
11,030
|
|
| Derivative financial instruments |
2,814
|
3,062
|
|
| Loans and advances to banks |
1,235
|
1,579
|
|
| Loans and advances to customers |
69,454
|
67,901
|
|
| Reverse repurchase agreements |
3,503
|
739
|
|
| Debt securities |
2,804
|
2,183
|
|
| Financial assets at amortised cost |
76,996
|
72,402
|
|
| Financial assets at fair value through other comprehensive income |
12,821
|
11,746
|
|
| Other assets |
276
|
643
|
|
| Total assets |
107,848
|
98,883
|
|
| Liabilities |
|
|
|
| Deposits from banks |
1,134
|
2,413
|
|
| Customer deposits |
3,170
|
3,456
|
|
| Repurchase agreements at amortised cost |
1
|
8,942
|
|
| Financial liabilities at fair value through profit or loss |
1,484
|
1,466
|
|
| Derivative financial instruments |
2,497
|
3,407
|
|
| Debt securities in issue at amortised cost |
21,566
|
26,525
|
|
| Liabilities arising from insurance and participating investment contracts |
9,215
|
7,992
|
|
| Liabilities arising from non-participating investment contracts |
10,984
|
9,807
|
|
| Other liabilities |
469
|
2,237
|
|
| Subordinated liabilities |
4,081
|
2,219
|
|
| Total liabilities |
54,601
|
68,464
|
|
| Over 5 years £m | Balance sheet maturity - legal basis |
|
|
|
| Assets |
|
|
|
| Cash and balances at central banks |
0
|
0
|
|
| Financial assets at fair value through profit or loss |
186,860
|
167,520
|
|
| Derivative financial instruments |
10,589
|
12,547
|
|
| Loans and advances to banks |
7
|
4
|
|
| Loans and advances to customers |
300,839
|
287,015
|
|
| Reverse repurchase agreements |
0
|
0
|
|
| Debt securities |
7,071
|
5,891
|
|
| Financial assets at amortised cost |
307,917
|
292,910
|
|
| Financial assets at fair value through other comprehensive income |
17,055
|
13,943
|
|
| Other assets |
31,946
|
35,058
|
|
| Total assets |
554,367
|
521,978
|
|
| Liabilities |
|
|
|
| Deposits from banks |
10
|
61
|
|
| Customer deposits |
417
|
258
|
|
| Repurchase agreements at amortised cost |
3,117
|
0
|
|
| Financial liabilities at fair value through profit or loss |
4,078
|
4,670
|
|
| Derivative financial instruments |
8,518
|
10,012
|
|
| Debt securities in issue at amortised cost |
12,084
|
10,279
|
|
| Liabilities arising from insurance and participating investment contracts |
121,176
|
111,271
|
|
| Liabilities arising from non-participating investment contracts |
42,288
|
32,560
|
|
| Other liabilities |
13,695
|
16,148
|
|
| Subordinated liabilities |
4,183
|
4,179
|
|
| Total liabilities |
£ 209,566
|
£ 189,438
|
|