XML 248 R196.htm IDEA: XBRL DOCUMENT v3.24.0.1
Allowance for expected credit losses - Narrative (Details) - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses £ 4,084 £ 4,903
Expected credit loss analysis, projection period 5 years  
MES downside and severe downside    
Schedule of Expected Credit Loss [Line Items]    
Weighting percentage applied in ECL calculation 40.00%  
Base case    
Schedule of Expected Credit Loss [Line Items]    
Weight of scenario (in percent) 30.00% 30.00%
Upside    
Schedule of Expected Credit Loss [Line Items]    
Weight of scenario (in percent) 30.00% 30.00%
Downside    
Schedule of Expected Credit Loss [Line Items]    
Weight of scenario (in percent) 30.00% 30.00%
Severe downside    
Schedule of Expected Credit Loss [Line Items]    
Weight of scenario (in percent) 10.00% 10.00%
Management adjustments    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets £ 28 £ 330
Commercial Banking    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 1,182 1,869
UK mortgages    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 1,115 1,209
Credit cards    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 810 763
Other Retail    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 945 1,016
UK mortgages    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 1,105 1,207
Stage 3 £m    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 1,151 1,800
Stage 3 £m | UK mortgages    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 357 311
Gross drawn exposures    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 3,762 4,580
Individually assessed £m    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 340 1,008
Individually assessed £m | Commercial Banking    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 340 1,008
Individually assessed £m | Commercial Banking | Minimum    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 291 908
Individually assessed £m | Commercial Banking | Maximum    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 413 1,140
Individually assessed £m | UK mortgages    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 0 0
Individually assessed £m | Credit cards    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 0 0
Individually assessed £m | Other Retail    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 0 0
Inflationary and interest rate risk £m    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 186 195
Inflationary and interest rate risk £m | Commercial Banking    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 0 0
Inflationary and interest rate risk £m | UK mortgages    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 61 49
Inflationary and interest rate risk £m | Credit cards    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 92 93
Inflationary and interest rate risk £m | Other Retail    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 33 53
Other    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses (158) 135
Other | Commercial Banking    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses (282) (111)
Other | UK mortgages    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 63 214
Other | Credit cards    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 15 (28)
Other | Other Retail    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 46 60
Mortgage accounts in long term default | UK mortgages | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets 106 118
Asset recovery values | UK mortgages | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets 0 69
Adjustment for specific sector | UK mortgages | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets 23 25
Stage 2 oversensitivity | UK mortgages | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets (68) 0
Stage 2 oversensitivity, assets moved back to stage 1 | UK mortgages | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets 6,000  
Extension of modelled lifetime on retail revolving products | Credit cards | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets 67 82
Extension of modelled lifetime on retail revolving products | Other Retail | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets 10 14
Credit card loss given default alignment (LGD) | Credit cards | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets (50) (96)
Credit card loss given default alignment (LGD) | Other Retail | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets 37 13
Corporate Insolvency Rates | Commercial Banking | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets (292) (35)
Loss given default alignment | Commercial Banking | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets (105) (105)
Commercial real estate price reduction | Commercial Banking | Other judgements    
Schedule of Expected Credit Loss [Line Items]    
Increase (decrease) in allowance account for credit losses of financial assets 67 £ 0
Scenario risk – macro level | Retail | Maximum    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses 5  
Transition risk | UK mortgages – BTL | Maximum    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses £ 5  
Physical risk    
Schedule of Expected Credit Loss [Line Items]    
Percentage of book 80.00%  
Physical risk | UK mortgages | Maximum    
Schedule of Expected Credit Loss [Line Items]    
Allowance for expected credit losses £ 5