XML 220 R168.htm IDEA: XBRL DOCUMENT v3.24.0.1
Tax - Narrative (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
DEFERRED TAX (Details) - Narrative [Line Items]        
Period for spreading impact of transitional tax provisions as a result new accounting standard   10 years    
Deferred tax assets   £ 5,185 £ 6,422 [1] £ 3,773 [1]
Percentage of tax loss asset expected to be recovered   90.00%    
Legal proceedings contingent liability        
DEFERRED TAX (Details) - Narrative [Line Items]        
Increase in current tax liability   £ 920    
Increase in deferred tax asset   £ (285)    
UK corporation tax:        
DEFERRED TAX (Details) - Narrative [Line Items]        
Applicable tax rate (in percent)   23.50% 19.00% 19.00%
UK corporation tax:        
DEFERRED TAX (Details) - Narrative [Line Items]        
Current tax expense (income)   £ 1,301 £ 1,152 £ 1,472
Prior to offsetting of balances within same taxing jurisdiction        
DEFERRED TAX (Details) - Narrative [Line Items]        
Deferred tax assets   7,409 8,741 7,095
Prior to offsetting of balances within same taxing jurisdiction | Tax losses £m        
DEFERRED TAX (Details) - Narrative [Line Items]        
Deferred tax assets   4,783 5,066 £ 5,023
Forecast        
DEFERRED TAX (Details) - Narrative [Line Items]        
Applicable tax rate (in percent) 25.00%      
Minimum tax rate for UK headquartered multinational enterprises 15.00%      
Recognised in respect of future tax benefit        
DEFERRED TAX (Details) - Narrative [Line Items]        
Deferred tax assets   118 8  
Life assurance        
DEFERRED TAX (Details) - Narrative [Line Items]        
Deferred tax assets operating loss carry forwards not subject to expiration   88 339  
UK        
DEFERRED TAX (Details) - Narrative [Line Items]        
Deferred tax assets operating loss carry forwards not subject to expiration   160 156  
Current tax expense (income)   635    
Trading losses | 20 years        
DEFERRED TAX (Details) - Narrative [Line Items]        
Deferred tax assets operating loss carry forwards subject to expiration   £ 51 53  
Deferred tax assets, expiration term   20 years    
Trading losses | Trading losses        
DEFERRED TAX (Details) - Narrative [Line Items]        
Deferred tax assets operating loss carry forwards not subject to expiration   £ 9 £ 9  
[1]
1    Restated for presentational changes and for the adoption of IFRS 17; see notes 1 and 54.