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FINANCIAL RISK MANAGEMENT - Schedule of Debt Securities, Treasury and Other Bills Held at Fair Value Through Profit or Loss (Details) - GBP (£)
£ in Millions
Dec. 31, 2022
Dec. 31, 2021
Asset-backed securities    
Total other assets [1] £ 13,837 £ 14,690
Total held at fair value through profit or loss 180,609 206,771
Other | Sub-investment grade    
Asset-backed securities    
Financial assets at fair value through profit or loss, classified as held for trading 1,256 1,491
Other | Not rated    
Asset-backed securities    
Financial assets at fair value through profit or loss, classified as held for trading 1,612 1,390
Treasury shares    
Asset-backed securities    
Debt instruments at fair value 35,613 40,379
Total other assets 46,581 52,769
Total held at fair value through profit or loss 49,015 59,608
Treasury shares | Debt securities, treasury and other bills    
Trading assets:    
Government securities 2,185 6,579
Asset-backed securities    
Mortgage-backed securities 7 12
Other asset-backed securities 14 3
Asset-backed securities 21 15
Corporate and other debt securities 228 245
Financial assets at fair value through profit or loss, classified as held for trading 2,434 6,839
Treasury shares | Other assets held at fair value through profit or loss    
Trading assets:    
Government securities 7,872 11,101
Asset-backed securities    
Mortgage-backed securities 228 421
Other asset-backed securities 171 272
Asset-backed securities 399 693
Corporate and other debt securities 17,693 19,557
Other public sector securities 2,516 2,731
Bank and building society certificates of deposit 7,133 6,297
Treasury and other bills 62 19
Contracts held with reinsurers 10,906 12,371
Treasury shares | Investment grade    
Asset-backed securities    
Debt instruments at fair value 32,841 37,498
Total other assets 43,725 49,888
Total held at fair value through profit or loss 46,147 56,727
Treasury shares | Investment grade | Debt securities, treasury and other bills    
Trading assets:    
Government securities 2,185 6,579
Asset-backed securities    
Mortgage-backed securities 7 12
Other asset-backed securities 14 3
Asset-backed securities 21 15
Corporate and other debt securities 216 245
Financial assets at fair value through profit or loss, classified as held for trading 2,422 6,839
Treasury shares | Investment grade | Other assets held at fair value through profit or loss    
Trading assets:    
Government securities 7,871 11,097
Asset-backed securities    
Mortgage-backed securities 228 421
Other asset-backed securities 171 272
Asset-backed securities 399 693
Corporate and other debt securities 14,932 16,692
Other public sector securities 2,510 2,722
Bank and building society certificates of deposit 7,129 6,294
Treasury and other bills 62 19
Contracts held with reinsurers 10,822 12,371
Treasury shares | Other    
Asset-backed securities    
Debt instruments at fair value 2,772 2,881
Total other assets 2,856 2,881
Total held at fair value through profit or loss 2,868 2,881
Treasury shares | Other | Debt securities, treasury and other bills    
Trading assets:    
Government securities 0 0
Asset-backed securities    
Mortgage-backed securities 0 0
Other asset-backed securities 0 0
Asset-backed securities 0 0
Corporate and other debt securities 12 0
Financial assets at fair value through profit or loss, classified as held for trading 12 0
Treasury shares | Other | Other assets held at fair value through profit or loss    
Trading assets:    
Government securities 1 4
Asset-backed securities    
Mortgage-backed securities 0 0
Other asset-backed securities 0 0
Asset-backed securities 0 0
Corporate and other debt securities 2,761 2,865
Other public sector securities 6 9
Bank and building society certificates of deposit 4 3
Treasury and other bills 0 0
Contracts held with reinsurers £ 84 £ 0
[1] 1    See note 1 regarding changes to presentation.