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Financial risk management - Schedule of Maximum Credit Exposure (Details) - GBP (£)
£ in Millions
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
[1]
FINANCIAL RISK MANAGEMENT (Details) - Schedule of Maximum Credit Exposure [Line Items]      
Financial assets at fair value through profit or loss £ 203,318 £ 180,769 [1] £ 206,971
Derivative financial instruments 22,356 24,753 [1] 22,051
Loans and advances to banks 10,764 10,632 [1] 7,001
Loans and advances to customers 449,745 454,899 [1] 448,567
Reverse repurchase agreements 38,771 44,865 [1] 54,753
Debt securities 15,355 9,926 [1] 6,835
Financial assets at amortised cost 514,635 520,322 [1] £ 517,156
Contracts held with reinsurers 442 372  
Maximum exposure £m      
FINANCIAL RISK MANAGEMENT (Details) - Schedule of Maximum Credit Exposure [Line Items]      
Financial assets at fair value through profit or loss 84,583 73,887  
Derivative financial instruments 22,356 24,753  
Loans and advances to banks 10,764 10,632  
Loans and advances to customers 449,745 454,899  
Reverse repurchase agreements 38,771 44,865  
Debt securities 15,355 9,926  
Financial assets at amortised cost 514,635 520,322  
Financial assets at fair value through other comprehensive income 27,360 22,871  
Contracts held with reinsurers 442 372  
Off-balance sheet items:      
Acceptances and endorsements 191 58  
Other items serving as direct credit substitutes 286 781  
Performance bonds, including letters of credit, and other transaction-related contingencies 2,372 2,147  
Irrevocable commitments and guarantees 75,080 74,692  
Off-balance sheet items 77,929 77,678  
Maximum exposure to credit risk 727,305 719,883  
Offset      
FINANCIAL RISK MANAGEMENT (Details) - Schedule of Maximum Credit Exposure [Line Items]      
Financial assets at fair value through profit or loss 0 0  
Derivative financial instruments 9,862 12,330  
Loans and advances to banks 0 0  
Loans and advances to customers 2,214 2,171  
Reverse repurchase agreements 0 0  
Debt securities 0 0  
Financial assets at amortised cost 2,214 2,171  
Financial assets at fair value through other comprehensive income 0 0  
Contracts held with reinsurers 0 0  
Off-balance sheet items:      
Acceptances and endorsements 0 0  
Other items serving as direct credit substitutes 0 0  
Performance bonds, including letters of credit, and other transaction-related contingencies 0 0  
Irrevocable commitments and guarantees 0 0  
Off-balance sheet items 0 0  
Maximum exposure to credit risk 12,076 14,501  
Net exposure £m      
FINANCIAL RISK MANAGEMENT (Details) - Schedule of Maximum Credit Exposure [Line Items]      
Financial assets at fair value through profit or loss 84,583 73,887  
Derivative financial instruments 12,494 12,423  
Loans and advances to banks 10,764 10,632  
Loans and advances to customers 447,531 452,728  
Reverse repurchase agreements 38,771 44,865  
Debt securities 15,355 9,926  
Financial assets at amortised cost 512,421 518,151  
Financial assets at fair value through other comprehensive income 27,360 22,871  
Contracts held with reinsurers 442 372  
Off-balance sheet items:      
Acceptances and endorsements 191 58  
Other items serving as direct credit substitutes 286 781  
Performance bonds, including letters of credit, and other transaction-related contingencies 2,372 2,147  
Irrevocable commitments and guarantees 75,080 74,692  
Off-balance sheet items 77,929 77,678  
Maximum exposure to credit risk £ 715,229 £ 705,382  
[1]
1    Restated for presentational changes and for the adoption of IFRS 17; see notes 1 and 54.