XML 215 R166.htm IDEA: XBRL DOCUMENT v3.22.4
ALLOWANCE FOR EXPECTED CREDIT LOSSES - Disclosure of Generation of Multiple Economic Assumptions by Quarter and by Year (Details)
Dec. 31, 2022
Dec. 31, 2021
Upside    
Five year average [Abstract]    
Gross domestic product (in percent) 1.80% 3.00%
Unemployment rate (in percent) 3.20% 3.70%
House price growth (in percent) 4.50% 5.10%
Commercial real estate price growth (in percent) 1.30% 3.70%
UK Bank Rate (in percent) 4.22% 1.43%
CPI inflation rate (in percent) 5.50% 3.50%
Base case    
Five year average [Abstract]    
Gross domestic product (in percent) 1.40% 2.90%
Unemployment rate (in percent) 4.80% 4.40%
House price growth (in percent) 0.20% 2.10%
Commercial real estate price growth (in percent) (1.80%) 1.20%
UK Bank Rate (in percent) 3.06% 0.85%
CPI inflation rate (in percent) 5.00% 3.00%
Downside    
Five year average [Abstract]    
Gross domestic product (in percent) 0.80% 2.80%
Unemployment rate (in percent) 6.50% 5.60%
House price growth (in percent) (5.40%) (3.10%)
Commercial real estate price growth (in percent) (6.40%) (2.60%)
UK Bank Rate (in percent) 1.65% 0.47%
CPI inflation rate (in percent) 4.40% 2.80%
Severe downside    
Five year average [Abstract]    
Gross domestic product (in percent) 0.10% 2.10%
Unemployment rate (in percent) 8.80% 7.30%
House price growth (in percent) (9.80%) (6.90%)
Commercial real estate price growth (in percent) (11.60%) (6.80%)
UK Bank Rate (in percent)   0.08%
CPI inflation rate (in percent)   2.40%
UK Bank Rate – modelled 0.76%  
UK Bank Rate – adjusted 4.18%  
CPI inflation – modelled 3.60%  
CPI inflation – adjusted 7.70%  
Probability- weighted £m    
Five year average [Abstract]    
Gross domestic product (in percent) 1.20% 2.80%
Unemployment rate (in percent) 5.20% 4.80%
House price growth (in percent) (1.20%) 0.60%
Commercial real estate price growth (in percent) (3.10%) 0.10%
UK Bank Rate (in percent)   0.83%
CPI inflation rate (in percent)   3.10%
UK Bank Rate – modelled 2.76%  
UK Bank Rate – adjusted 3.10%  
CPI inflation – modelled 4.90%  
CPI inflation – adjusted 5.30%  
Upside | Start to peak    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 6.50% 12.60%
Unemployment rate (in percent) 3.80% 4.90%
House price growth (in percent) 24.80% 28.50%
Commercial real estate price growth 7.20% 20.90%
UK Bank Rate (in percent) 5.39% 2.04%
CPI inflation rate (in percent) 10.70% 6.50%
Upside | Start to trough    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 0.40% (1.30%)
Unemployment rate (in percent) 2.80% 3.20%
House price growth (in percent) (1.10%) 1.20%
Commercial real estate price growth (9.40%) 0.80%
UK Bank Rate (in percent) 0.75% 0.10%
CPI inflation rate (in percent) 2.90% 0.60%
Upside | 2021    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent)   7.10%
Unemployment rate (in percent)   4.40%
House price growth (in percent)   10.10%
Commercial real estate price growth   12.40%
UK Bank Rate (in percent)   0.14%
CPI inflation rate (in percent)   2.60%
Upside | 2022    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 4.10% 4.00%
Unemployment rate (in percent) 3.50% 3.30%
House price growth (in percent) 2.40% 2.60%
Commercial real estate price growth (9.40%) 5.80%
UK Bank Rate (in percent) 1.94% 1.44%
CPI inflation rate (in percent) 9.00% 5.90%
Upside | 2023    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 0.10% 1.40%
Unemployment rate (in percent) 2.80% 3.40%
House price growth (in percent) (2.80%) 4.90%
Commercial real estate price growth 8.50% 0.70%
UK Bank Rate (in percent) 4.95% 1.74%
CPI inflation rate (in percent) 8.30% 3.30%
Upside | 2024    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 1.10% 1.30%
Unemployment rate (in percent) 3.00% 3.50%
House price growth (in percent) 6.50% 4.70%
Commercial real estate price growth 3.50% 1.00%
UK Bank Rate (in percent) 4.98% 1.82%
CPI inflation rate (in percent) 4.20% 2.60%
Upside | 2025    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 1.70% 1.40%
Unemployment rate (in percent) 3.30% 3.70%
House price growth (in percent) 9.00% 3.60%
Commercial real estate price growth 2.60% (0.60%)
UK Bank Rate (in percent) 4.63% 2.03%
CPI inflation rate (in percent) 3.30% 3.30%
Upside | 2026    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 2.10%  
Unemployment rate (in percent) 3.40%  
House price growth (in percent) 8.00%  
Commercial real estate price growth 2.30%  
UK Bank Rate (in percent) 4.58%  
CPI inflation rate (in percent) 3.00%  
Base case | Start to peak    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 4.30% 12.30%
Unemployment rate (in percent) 5.30% 4.90%
House price growth (in percent) 6.40% 11.00%
Commercial real estate price growth 7.20% 10.20%
UK Bank Rate (in percent) 4.00% 1.25%
CPI inflation rate (in percent) 10.70% 6.50%
Base case | Start to trough    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (1.10%) (1.30%)
Unemployment rate (in percent) 3.60% 4.30%
House price growth (in percent) (6.30%) 1.20%
Commercial real estate price growth (14.80%) 0.80%
UK Bank Rate (in percent) 0.75% 0.10%
CPI inflation rate (in percent) 1.60% 0.60%
Base case | 2021    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent)   7.10%
Unemployment rate (in percent)   4.50%
House price growth (in percent)   9.80%
Commercial real estate price growth   10.20%
UK Bank Rate (in percent)   0.14%
CPI inflation rate (in percent)   2.60%
Base case | 2021 Q1    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent)   (1.30%)
Unemployment rate (in percent)   4.90%
House price growth (in percent)   6.50%
Commercial real estate price growth (in percent)   (2.90%)
UK Bank Rate (in percent)   0.10%
CPI inflation rate (in percent)   0.60%
Base case | 2021 Q2    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent)   5.40%
Unemployment rate (in percent)   4.70%
House price growth (in percent)   8.70%
Commercial real estate price growth (in percent)   3.40%
UK Bank Rate (in percent)   0.10%
CPI inflation rate (in percent)   2.10%
Base case | 2021 Q3    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent)   1.10%
Unemployment rate (in percent)   4.30%
House price growth (in percent)   7.40%
Commercial real estate price growth (in percent)   7.50%
UK Bank Rate (in percent)   0.10%
CPI inflation rate (in percent)   2.80%
Base case | 2021 Q4    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent)   0.40%
Unemployment rate (in percent)   4.30%
House price growth (in percent)   9.80%
Commercial real estate price growth (in percent)   10.20%
UK Bank Rate (in percent)   0.25%
CPI inflation rate (in percent)   4.90%
Base case | 2022    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 4.00% 3.70%
Unemployment rate (in percent) 3.70% 4.30%
House price growth (in percent) 2.00% 0.00%
Commercial real estate price growth (11.80%) (2.20%)
UK Bank Rate (in percent) 1.94% 0.81%
CPI inflation rate (in percent) 9.00% 5.90%
Base case | 2022 Q1    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 0.60% 0.10%
Unemployment rate (in percent) 3.70% 4.40%
House price growth (in percent) 11.10% 8.40%
Commercial real estate price growth 18.00%  
Commercial real estate price growth (in percent)   8.40%
UK Bank Rate (in percent) 0.75% 0.50%
CPI inflation rate (in percent) 6.20% 5.30%
Base case | 2022 Q2    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 0.10% 1.50%
Unemployment rate (in percent) 3.80% 4.30%
House price growth (in percent) 12.50% 6.10%
Commercial real estate price growth 18.00%  
Commercial real estate price growth (in percent)   5.20%
UK Bank Rate (in percent) 1.25% 0.75%
CPI inflation rate (in percent) 9.20% 6.50%
Base case | 2022 Q3    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (0.30%) 0.50%
Unemployment rate (in percent) 3.60% 4.30%
House price growth (in percent) 9.80% 3.20%
Commercial real estate price growth 8.40%  
Commercial real estate price growth (in percent)   0.90%
UK Bank Rate (in percent) 2.25% 1.00%
CPI inflation rate (in percent) 10.00% 6.30%
Base case | 2022 Q4    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (0.40%) 0.30%
Unemployment rate (in percent) 3.70% 4.30%
House price growth (in percent) 2.00% 0.00%
Commercial real estate price growth (11.80%)  
Commercial real estate price growth (in percent)   (2.20%)
UK Bank Rate (in percent) 3.50% 1.00%
CPI inflation rate (in percent) 10.70% 5.30%
Base case | 2023    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (1.20%) 1.50%
Unemployment rate (in percent) 4.50% 4.40%
House price growth (in percent) (6.90%) 0.00%
Commercial real estate price growth (3.30%) (1.90%)
UK Bank Rate (in percent) 4.00% 1.00%
CPI inflation rate (in percent) 8.30% 3.00%
Base case | 2023 Q1    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (0.40%)  
Unemployment rate (in percent) 4.00%  
House price growth (in percent) (3.00%)  
Commercial real estate price growth (16.90%)  
UK Bank Rate (in percent) 4.00%  
CPI inflation rate (in percent) 10.00%  
Base case | 2023 Q2    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (0.40%)  
Unemployment rate (in percent) 4.40%  
House price growth (in percent) (8.40%)  
Commercial real estate price growth (19.80%)  
UK Bank Rate (in percent) 4.00%  
CPI inflation rate (in percent) 8.90%  
Base case | 2023 Q3    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (0.20%)  
Unemployment rate (in percent) 4.70%  
House price growth (in percent) (9.80%)  
Commercial real estate price growth (15.90%)  
UK Bank Rate (in percent) 4.00%  
CPI inflation rate (in percent) 8.00%  
Base case | 2023 Q4    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (0.10%)  
Unemployment rate (in percent) 4.90%  
House price growth (in percent) (6.90%)  
Commercial real estate price growth (3.30%)  
UK Bank Rate (in percent) 4.00%  
CPI inflation rate (in percent) 6.10%  
Base case | 2024    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 0.50% 1.30%
Unemployment rate (in percent) 5.10% 4.40%
House price growth (in percent) (1.20%) 0.50%
Commercial real estate price growth 0.90% 0.10%
UK Bank Rate (in percent) 3.38% 1.06%
CPI inflation rate (in percent) 3.70% 1.60%
Base case | 2025    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 1.60% 1.30%
Unemployment rate (in percent) 5.30% 4.50%
House price growth (in percent) 2.90% 0.70%
Commercial real estate price growth 2.80% 0.60%
UK Bank Rate (in percent) 3.00% 1.25%
CPI inflation rate (in percent) 2.30% 2.00%
Base case | 2026    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 2.10%  
Unemployment rate (in percent) 5.10%  
House price growth (in percent) 4.40%  
Commercial real estate price growth 3.10%  
UK Bank Rate (in percent) 3.00%  
CPI inflation rate (in percent) 1.70%  
Downside | Start to peak    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 1.20% 11.40%
Unemployment rate (in percent) 7.70% 6.00%
House price growth (in percent) 6.40% 9.20%
Commercial real estate price growth 7.20% 8.60%
UK Bank Rate (in percent) 3.62% 0.71%
CPI inflation rate (in percent) 10.70% 6.40%
Downside | Start to trough    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (3.60%) (1.30%)
Unemployment rate (in percent) 3.60% 4.30%
House price growth (in percent) (24.30%) (14.80%)
Commercial real estate price growth (29.60%) (12.80%)
UK Bank Rate (in percent) 0.75% 0.10%
CPI inflation rate (in percent) 0.20% 0.60%
Downside | 2021    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent)   7.10%
Unemployment rate (in percent)   4.70%
House price growth (in percent)   9.20%
Commercial real estate price growth   8.60%
UK Bank Rate (in percent)   0.14%
CPI inflation rate (in percent)   2.60%
Downside | 2022    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 3.90% 3.40%
Unemployment rate (in percent) 3.80% 5.60%
House price growth (in percent) 1.60% (4.90%)
Commercial real estate price growth (13.90%) (10.10%)
UK Bank Rate (in percent) 1.94% 0.45%
CPI inflation rate (in percent) 9.00% 5.80%
Downside | 2023    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (3.00%) 1.30%
Unemployment rate (in percent) 6.30% 5.90%
House price growth (in percent) (11.10%) (7.80%)
Commercial real estate price growth (15.00%) (7.00%)
UK Bank Rate (in percent) 2.93% 0.52%
CPI inflation rate (in percent) 8.20% 2.80%
Downside | 2024    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (0.50%) 1.10%
Unemployment rate (in percent) 7.50% 5.80%
House price growth (in percent) (9.80%) (6.60%)
Commercial real estate price growth (3.70%) (3.40%)
UK Bank Rate (in percent) 1.39% 0.55%
CPI inflation rate (in percent) 3.30% 1.30%
Downside | 2025    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 1.40% 1.20%
Unemployment rate (in percent) 7.60% 5.70%
House price growth (in percent) (5.60%) (4.70%)
Commercial real estate price growth 0.40% (0.30%)
UK Bank Rate (in percent) 0.98% 0.69%
CPI inflation rate (in percent) 1.30% 1.60%
Downside | 2026    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 2.10%  
Unemployment rate (in percent) 7.20%  
House price growth (in percent) (1.50%)  
Commercial real estate price growth 1.40%  
UK Bank Rate (in percent) 1.04%  
CPI inflation rate (in percent) 0.30%  
Severe downside | Start to peak    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 0.70% 7.60%
Unemployment rate (in percent) 10.70% 8.50%
House price growth (in percent) 6.40% 9.10%
Commercial real estate price growth 7.20% 6.90%
UK Bank Rate (in percent)   0.25%
CPI inflation rate (in percent)   6.50%
UK Bank Rate – modelled 3.50%  
UK Bank Rate – adjusted 7.00%  
CPI inflation – modelled 10.70%  
CPI inflation – adjusted 14.80%  
Severe downside | Start to trough    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (6.40%) (1.30%)
Unemployment rate (in percent) 3.60% 4.30%
House price growth (in percent) (40.10%) (30.20%)
Commercial real estate price growth (47.80%) (30.00%)
UK Bank Rate (in percent)   0.02%
CPI inflation rate (in percent)   0.40%
UK Bank Rate – modelled 0.12%  
UK Bank Rate – adjusted 0.75%  
CPI inflation – modelled (1.70%)  
CPI inflation – adjusted 1.50%  
Severe downside | 2021    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent)   6.80%
Unemployment rate (in percent)   4.90%
House price growth (in percent)   9.10%
Commercial real estate price growth   5.80%
UK Bank Rate (in percent)   0.14%
CPI inflation rate (in percent)   2.60%
Severe downside | 2022    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 3.70% 0.90%
Unemployment rate (in percent) 4.10% 7.70%
House price growth (in percent) 1.10% (7.30%)
Commercial real estate price growth (17.30%) (19.60%)
UK Bank Rate (in percent)   0.04%
CPI inflation rate (in percent)   5.80%
UK Bank Rate – modelled 1.94%  
UK Bank Rate – adjusted 2.44%  
CPI inflation – modelled 9.00%  
CPI inflation – adjusted 9.70%  
Severe downside | 2023    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (5.20%) 0.40%
Unemployment rate (in percent) 9.00% 8.50%
House price growth (in percent) (14.80%) (13.90%)
Commercial real estate price growth (28.80%) (12.10%)
UK Bank Rate (in percent)   0.06%
CPI inflation rate (in percent)   2.30%
UK Bank Rate – modelled 1.41%  
UK Bank Rate – adjusted 7.00%  
CPI inflation – modelled 8.20%  
CPI inflation – adjusted 14.30%  
Severe downside | 2024    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (1.00%) 1.00%
Unemployment rate (in percent) 10.70% 8.10%
House price growth (in percent) (18.00%) (12.50%)
Commercial real estate price growth (9.90%) (5.30%)
UK Bank Rate (in percent)   0.08%
CPI inflation rate (in percent)   0.50%
UK Bank Rate – modelled 0.20%  
UK Bank Rate – adjusted 4.88%  
CPI inflation – modelled 2.60%  
CPI inflation – adjusted 9.00%  
Severe downside | 2025    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 1.30% 1.40%
Unemployment rate (in percent) 10.40% 7.60%
House price growth (in percent) (11.50%) (8.40%)
Commercial real estate price growth (1.30%) (0.50%)
UK Bank Rate (in percent)   0.09%
CPI inflation rate (in percent)   0.90%
UK Bank Rate – modelled 0.13%  
UK Bank Rate – adjusted 3.31%  
CPI inflation – modelled (0.10%)  
CPI inflation – adjusted 4.10%  
Severe downside | 2026    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 2.10%  
Unemployment rate (in percent) 9.70%  
House price growth (in percent) (4.20%)  
Commercial real estate price growth 3.20%  
UK Bank Rate – modelled 0.14%  
UK Bank Rate – adjusted 3.25%  
CPI inflation – modelled (1.60%)  
CPI inflation – adjusted 1.60%  
Probability- weighted £m | Start to peak    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 3.40% 11.60%
Unemployment rate (in percent) 5.90% 5.00%
House price growth (in percent) 6.40% 9.60%
Commercial real estate price growth 7.20% 9.90%
UK Bank Rate (in percent)   1.20%
CPI inflation rate (in percent)   6.50%
UK Bank Rate – modelled 3.89%  
UK Bank Rate – adjusted 4.31%  
CPI inflation – modelled 10.70%  
CPI inflation – adjusted 11.00%  
Probability- weighted £m | Start to trough    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (1.80%) (1.30%)
Unemployment rate (in percent) 3.60% 4.30%
House price growth (in percent) (9.50%) 1.20%
Commercial real estate price growth (18.60%) (0.30%)
UK Bank Rate (in percent)   0.10%
CPI inflation rate (in percent)   0.60%
UK Bank Rate – modelled 0.75%  
UK Bank Rate – adjusted 0.75%  
CPI inflation – modelled 1.30%  
CPI inflation – adjusted 1.60%  
Probability- weighted £m | 2021    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent)   7.00%
Unemployment rate (in percent)   4.60%
House price growth (in percent)   9.60%
Commercial real estate price growth   9.90%
UK Bank Rate (in percent)   0.14%
CPI inflation rate (in percent)   2.60%
Probability- weighted £m | 2022    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 4.00% 3.40%
Unemployment rate (in percent) 3.70% 4.70%
House price growth (in percent) 1.90% (1.40%)
Commercial real estate price growth (12.30%) (3.90%)
UK Bank Rate (in percent)   0.82%
CPI inflation rate (in percent)   5.90%
UK Bank Rate – modelled 1.94%  
UK Bank Rate – adjusted 1.99%  
CPI inflation – modelled 9.00%  
CPI inflation – adjusted 9.10%  
Probability- weighted £m | 2023    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) (1.80%) 1.30%
Unemployment rate (in percent) 5.00% 5.00%
House price growth (in percent) (7.70%) (2.30%)
Commercial real estate price growth (5.80%) (3.70%)
UK Bank Rate (in percent)   0.99%
CPI inflation rate (in percent)   2.90%
UK Bank Rate – modelled 3.70%  
UK Bank Rate – adjusted 4.26%  
CPI inflation – modelled 8.30%  
CPI inflation – adjusted 8.90%  
Probability- weighted £m | 2024    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 0.20% 1.20%
Unemployment rate (in percent) 5.80% 5.00%
House price growth (in percent) (3.20%) (1.70%)
Commercial real estate price growth (0.80%) (1.20%)
UK Bank Rate (in percent)   1.04%
CPI inflation rate (in percent)   1.70%
UK Bank Rate – modelled 2.94%  
UK Bank Rate – adjusted 3.41%  
CPI inflation – modelled 3.60%  
CPI inflation – adjusted 4.30%  
Probability- weighted £m | 2025    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 1.50% 1.30%
Unemployment rate (in percent) 5.90% 4.90%
House price growth (in percent) 0.70% (1.00%)
Commercial real estate price growth 1.60% (0.10%)
UK Bank Rate (in percent)   1.20%
CPI inflation rate (in percent)   2.20%
UK Bank Rate – modelled 2.59%  
UK Bank Rate – adjusted 2.91%  
CPI inflation – modelled 2.10%  
CPI inflation – adjusted 2.50%  
Probability- weighted £m | 2026    
Schedule of Key Economic Assumptions [Line Items]    
Gross domestic product (in percent) 2.10%  
Unemployment rate (in percent) 5.70%  
House price growth (in percent) 2.90%  
Commercial real estate price growth 2.30%  
UK Bank Rate – modelled 2.60%  
UK Bank Rate – adjusted 2.91%  
CPI inflation – modelled 1.40%  
CPI inflation – adjusted 1.70%