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Derivative financial instruments - Schedule of the Effects of Hedge Accounting on Swaps (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
[1]
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Notional amount £ 8,862,200 £ 7,148,892  
Assets £m 22,356 24,753 [1] £ 22,051
Liabilities £m 20,149 24,042 [1] £ 18,060
Hedging instruments      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Notional amount 620,018 403,942  
Assets £m 103 75  
Liabilities £m 505 527  
Fair value hedges | Hedging instruments      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Notional amount 153,674 152,697  
Assets £m 83 11  
Liabilities £m 425 503  
Cash flow hedges      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Notional amount 463,660 249,703  
Cash flow hedges | Hedging instruments      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Notional amount 466,344 251,245  
Assets £m 20 64  
Liabilities £m 80 24  
Currency swaps | Fair value hedges      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Notional amount 35 35  
Currency swaps | Fair value hedges | Hedging instruments      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Notional amount 153,639 152,662  
Assets £m 3 1  
Liabilities £m 0 0  
Currency swaps | Fair value hedges | Currency swaps      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Changes in fair value used for calculating hedge ineffectiveness £m 2 (2)  
Currency swaps | Cash flow hedges      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Notional amount 2,684 1,542  
Currency swaps | Cash flow hedges | Hedging instruments      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Assets £m 11 63  
Liabilities £m 72 21  
Currency swaps | Cash flow hedges | Currency swaps      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Changes in fair value used for calculating hedge ineffectiveness £m (138) 198  
Currency swaps | Fair value hedges      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Notional amount 153,639 152,662  
Currency swaps | Fair value hedges | Hedging instruments      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Assets £m 80 10  
Liabilities £m 425 503  
Currency swaps | Fair value hedges | Currency swaps      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Changes in fair value used for calculating hedge ineffectiveness £m (2,665) 1,286  
Currency swaps | Cash flow hedges      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Notional amount 463,660 249,703  
Currency swaps | Cash flow hedges | Hedging instruments      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Notional amount 463,660 249,703  
Assets £m 9 1  
Liabilities £m 8 3  
Currency swaps | Cash flow hedges | Currency swaps      
DERIVATIVE FINANCIAL INSTRUMENTS (Details) - Schedule of the effects of hedge accounting on swaps [Line Items]      
Changes in fair value used for calculating hedge ineffectiveness £m £ 2,541 £ (6,990)  
[1]
1    Restated for presentational changes and for the adoption of IFRS 17; see notes 1 and 54.