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Derivatives - Impact of the accumulated amount of fair hedge adjustments (Details)
£ in Millions
12 Months Ended
Dec. 31, 2023
GBP (£)
Dec. 31, 2023
GBP (£)
₨ / £
Dec. 31, 2023
GBP (£)
$ / £
Dec. 31, 2023
GBP (£)
SFr / £
Dec. 31, 2023
GBP (£)
¥ / £
Dec. 31, 2023
GBP (£)
¥ / $
Dec. 31, 2023
GBP (£)
kr / $
Dec. 31, 2022
GBP (£)
Dec. 31, 2022
GBP (£)
₨ / £
Dec. 31, 2022
GBP (£)
$ / £
Dec. 31, 2022
GBP (£)
SFr / £
Dec. 31, 2022
GBP (£)
¥ / £
Dec. 31, 2022
GBP (£)
¥ / $
Dec. 31, 2022
GBP (£)
kr / $
Dec. 31, 2021
GBP (£)
Derivatives                              
Derivatives notional (£bn)               £ 13,925,000 £ 13,925,000 £ 13,925,000 £ 13,925,000 £ 13,925,000 £ 13,925,000 £ 13,925,000  
Fair value hedging                              
Derivatives                              
Changes in fair value used for hedge ineffectiveness £ (364)             (442)             £ (846)
Carrying value adjustment for discontinued fair value hedges 57             61              
Fair value hedging | Interest rate risk                              
Derivatives                              
Carrying value of hedged assets 28,559 £ 28,559 £ 28,559 £ 28,559 £ 28,559 £ 28,559 £ 28,559 18,661 18,661 18,661 18,661 18,661 18,661 18,661  
Carrying value of hedged liabilities 42,396 42,396 42,396 42,396 42,396 42,396 42,396 41,925 41,925 41,925 41,925 41,925 41,925 41,925  
Impact on hedged items included in carrying value, assets (142) (142) (142) (142) (142) (142) (142) (1,448) (1,448) (1,448) (1,448) (1,448) (1,448) (1,448)  
Impact on hedged items included in carrying value, liabilities (1,474) (1,474) (1,474) (1,474) (1,474) (1,474) (1,474)                
Fair value hedging | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 28,500 28,500 28,500 28,500 28,500 28,500 28,500 19,800 19,800 19,800 19,800 19,800 19,800 19,800  
Changes in fair value used for hedge ineffectiveness 803             (3,761)              
Fair value hedging | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 39,100 39,100 39,100 39,100 39,100 39,100 39,100 38,900 38,900 38,900 38,900 38,900 38,900 38,900  
Impact on hedged items included in carrying value, liabilities               (2,772) (2,772) (2,772) (2,772) (2,772) (2,772) (2,772)  
Changes in fair value used for hedge ineffectiveness (1,167)             3,319              
Fair value hedging | Interest rate risk | Bank and customer deposits                              
Derivatives                              
Carrying value of hedged liabilities 745 745 745 745 745 745 745 565 565 565 565 565 565 565  
Impact on hedged items included in carrying value, liabilities (3) (3) (3) (3) (3) (3) (3) (3) (3) (3) (3) (3) (3) (3)  
Changes in fair value used for hedge ineffectiveness (6)             3              
Fair value hedging | Interest rate risk | Financial liabilities (other) | Debt securities in issue                              
Derivatives                              
Carrying value of hedged liabilities 36,305 36,305 36,305 36,305 36,305 36,305 36,305 35,856 35,856 35,856 35,856 35,856 35,856 35,856  
Impact on hedged items included in carrying value, liabilities (1,151) (1,151) (1,151) (1,151) (1,151) (1,151) (1,151) (2,222) (2,222) (2,222) (2,222) (2,222) (2,222) (2,222)  
Changes in fair value used for hedge ineffectiveness (1,023)             2,790              
Fair value hedging | Interest rate risk | Financial liabilities, subordinated                              
Derivatives                              
Carrying value of hedged liabilities 5,346 5,346 5,346 5,346 5,346 5,346 5,346 5,504 5,504 5,504 5,504 5,504 5,504 5,504  
Impact on hedged items included in carrying value, liabilities (320) (320) (320) (320) (320) (320) (320) (547) (547) (547) (547) (547) (547) (547)  
Changes in fair value used for hedge ineffectiveness (138)             526              
Fair value hedging | Interest rate risk | Loans to banks and customers | Amortised cost                              
Derivatives                              
Carrying value of hedged assets 5,663 5,663 5,663 5,663 5,663 5,663 5,663 5,764 5,764 5,764 5,764 5,764 5,764 5,764  
Impact on hedged items included in carrying value, assets (316) (316) (316) (316) (316) (316) (316) (526) (526) (526) (526) (526) (526) (526)  
Changes in fair value used for hedge ineffectiveness 167             (1,236)              
Fair value hedging | Interest rate risk | Other financial assets - Securities                              
Derivatives                              
Carrying value of hedged assets 22,896 22,896 22,896 22,896 22,896 22,896 22,896 12,897 12,897 12,897 12,897 12,897 12,897 12,897  
Impact on hedged items included in carrying value, assets 174 174 174 174 174 174 174 (922) (922) (922) (922) (922) (922) (922)  
Changes in fair value used for hedge ineffectiveness 636             (2,525)              
Fair value hedging | 0-3 months | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 100 100 100 100 100 100 100 500 500 500 500 500 500 500  
Fair value hedging | 0-3 months | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 2,700 2,700 2,700 2,700 2,700 2,700 2,700 1,000 1,000 1,000 1,000 1,000 1,000 1,000  
Fair value hedging | 3-12 months | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 1,700 1,700 1,700 1,700 1,700 1,700 1,700 1,900 1,900 1,900 1,900 1,900 1,900 1,900  
Fair value hedging | 3-12 months | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 3,300 3,300 3,300 3,300 3,300 3,300 3,300 2,900 2,900 2,900 2,900 2,900 2,900 2,900  
Fair value hedging | More than 1 year but less than 3 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 7,100 7,100 7,100 7,100 7,100 7,100 7,100 4,700 4,700 4,700 4,700 4,700 4,700 4,700  
Fair value hedging | More than 1 year but less than 3 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 13,400 13,400 13,400 13,400 13,400 13,400 13,400 14,600 14,600 14,600 14,600 14,600 14,600 14,600  
Fair value hedging | More than 3 years but less than 5 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 9,000 9,000 9,000 9,000 9,000 9,000 9,000 4,900 4,900 4,900 4,900 4,900 4,900 4,900  
Fair value hedging | More than 3 years but less than 5 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 11,300 11,300 11,300 11,300 11,300 11,300 11,300 10,300 10,300 10,300 10,300 10,300 10,300 10,300  
Fair value hedging | 5-10 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 5,900 5,900 5,900 5,900 5,900 5,900 5,900 4,200 4,200 4,200 4,200 4,200 4,200 4,200  
Fair value hedging | 5-10 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 7,700 7,700 7,700 7,700 7,700 7,700 7,700 9,600 9,600 9,600 9,600 9,600 9,600 9,600  
Fair value hedging | Over 10 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 4,700 4,700 4,700 4,700 4,700 4,700 4,700 3,600 3,600 3,600 3,600 3,600 3,600 3,600  
Fair value hedging | Over 10 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 700 700 700 700 700 700 700 500 500 500 500 500 500 500  
Cash flow hedging | Interest rate risk                              
Derivatives                              
Carrying value of hedged assets 85,206 85,206 85,206 85,206 85,206 85,206 85,206 94,388 94,388 94,388 94,388 94,388 94,388 94,388  
Carrying value of hedged liabilities 54,831 54,831 54,831 54,831 54,831 54,831 54,831 73,181 73,181 73,181 73,181 73,181 73,181 73,181  
Cash flow hedging | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 85,200 £ 85,200 £ 85,200 £ 85,200 £ 85,200 £ 85,200 £ 85,200 £ 94,500 £ 94,500 £ 94,500 £ 94,500 £ 94,500 £ 94,500 £ 94,500  
Average fixed interest rate 2.04% 2.04% 2.04% 2.04% 2.04% 2.04% 2.04% 1.72% 1.72% 1.72% 1.72% 1.72% 1.72% 1.72%  
Changes in fair value used for hedge ineffectiveness £ (2,818)             £ 5,336              
Cash flow hedging | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 54,800 £ 54,800 £ 54,800 £ 54,800 £ 54,800 £ 54,800 £ 54,800 £ 73,100 £ 73,100 £ 73,100 £ 73,100 £ 73,100 £ 73,100 £ 73,100  
Average fixed interest rate 3.79% 3.79% 3.79% 3.79% 3.79% 3.79% 3.79% 1.63% 1.63% 1.63% 1.63% 1.63% 1.63% 1.63%  
Changes in fair value used for hedge ineffectiveness £ 1,617             £ (2,054)              
Cash flow hedging | Interest rate risk | Bank and customer deposits                              
Derivatives                              
Carrying value of hedged liabilities 54,675 £ 54,675 £ 54,675 £ 54,675 £ 54,675 £ 54,675 £ 54,675 72,610 £ 72,610 £ 72,610 £ 72,610 £ 72,610 £ 72,610 £ 72,610  
Changes in fair value used for hedge ineffectiveness 1,610             (2,008)              
Cash flow hedging | Interest rate risk | Financial liabilities (other) | Debt securities in issue                              
Derivatives                              
Carrying value of hedged liabilities 156 156 156 156 156 156 156 571 571 571 571 571 571 571  
Changes in fair value used for hedge ineffectiveness 7             (46)              
Cash flow hedging | Interest rate risk | Loans to banks and customers | Amortised cost                              
Derivatives                              
Carrying value of hedged assets 84,583 84,583 84,583 84,583 84,583 84,583 84,583 93,212 93,212 93,212 93,212 93,212 93,212 93,212  
Changes in fair value used for hedge ineffectiveness (2,796)             5,263              
Cash flow hedging | Interest rate risk | Other financial assets - Securities                              
Derivatives                              
Carrying value of hedged assets 623 £ 623 £ 623 £ 623 £ 623 £ 623 £ 623 1,176 £ 1,176 £ 1,176 £ 1,176 £ 1,176 £ 1,176 £ 1,176  
Changes in fair value used for hedge ineffectiveness (22)             73              
Cash flow hedging | Exchange rate risk                              
Derivatives                              
Average foreign exchange rate   105.03 1.28 1.08 170.54 129.75 9.21   100.54 1.29 1.15 132.89 128.29 9.21  
Carrying value of hedged assets 2,422 £ 2,422 £ 2,422 £ 2,422 £ 2,422 £ 2,422 £ 2,422                
Carrying value of hedged liabilities 11,661 11,661 11,661 11,661 11,661 11,661 11,661 4,345 £ 4,345 £ 4,345 £ 4,345 £ 4,345 £ 4,345 £ 4,345  
Cash flow hedging | Exchange rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) 2,600 2,600 2,600 2,600 2,600 2,600 2,600 100 100 100 100 100 100 100  
Cash flow hedging | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 14,300 14,300 14,300 14,300 14,300 14,300 14,300 6,200 6,200 6,200 6,200 6,200 6,200 6,200  
Changes in fair value used for hedge ineffectiveness 12             3              
Cash flow hedging | Exchange rate risk | Financial liabilities (other)                              
Derivatives                              
Carrying value of hedged liabilities 201 201 201 201 201 201 201 204 204 204 204 204 204 204  
Changes in fair value used for hedge ineffectiveness 3             5              
Cash flow hedging | Exchange rate risk | Financial liabilities (other) | Debt securities in issue                              
Derivatives                              
Carrying value of hedged liabilities 11,460 11,460 11,460 11,460 11,460 11,460 11,460 4,141 4,141 4,141 4,141 4,141 4,141 4,141  
Changes in fair value used for hedge ineffectiveness 9             (2)              
Cash flow hedging | Exchange rate risk | Loans to banks and customers | Amortised cost                              
Derivatives                              
Carrying value of hedged assets 583 583 583 583 583 583 583                
Cash flow hedging | Exchange rate risk | Other financial assets - Securities                              
Derivatives                              
Carrying value of hedged assets 1,839 1,839 1,839 1,839 1,839 1,839 1,839                
Cash flow hedging | 0-3 months | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 6,600 £ 6,600 £ 6,600 £ 6,600 £ 6,600 £ 6,600 £ 6,600  
Average fixed interest rate 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.16% 1.36% 1.36% 1.36% 1.36% 1.36% 1.36% 1.36%  
Cash flow hedging | 0-3 months | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 800 £ 800 £ 800 £ 800 £ 800 £ 800 £ 800 £ 17,300 £ 17,300 £ 17,300 £ 17,300 £ 17,300 £ 17,300 £ 17,300  
Average fixed interest rate 0.93% 0.93% 0.93% 0.93% 0.93% 0.93% 0.93% 1.27% 1.27% 1.27% 1.27% 1.27% 1.27% 1.27%  
Cash flow hedging | 0-3 months | Exchange rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 300 £ 300 £ 300 £ 300 £ 300 £ 300 £ 300 £ 100 £ 100 £ 100 £ 100 £ 100 £ 100 £ 100  
Cash flow hedging | 0-3 months | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 8,400 8,400 8,400 8,400 8,400 8,400 8,400                
Cash flow hedging | 3-12 months | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 14,500 £ 14,500 £ 14,500 £ 14,500 £ 14,500 £ 14,500 £ 14,500 £ 9,400 £ 9,400 £ 9,400 £ 9,400 £ 9,400 £ 9,400 £ 9,400  
Average fixed interest rate 2.46% 2.46% 2.46% 2.46% 2.46% 2.46% 2.46% 1.98% 1.98% 1.98% 1.98% 1.98% 1.98% 1.98%  
Cash flow hedging | 3-12 months | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 3,900 £ 26,800 £ 26,800 £ 26,800 £ 26,800 £ 26,800 £ 26,800 £ 26,800  
Average fixed interest rate 2.54% 2.54% 2.54% 2.54% 2.54% 2.54% 2.54% 0.95% 0.95% 0.95% 0.95% 0.95% 0.95% 0.95%  
Cash flow hedging | 3-12 months | Exchange rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 700 £ 700 £ 700 £ 700 £ 700 £ 700 £ 700                
Cash flow hedging | 3-12 months | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 800 800 800 800 800 800 800 £ 1,100 £ 1,100 £ 1,100 £ 1,100 £ 1,100 £ 1,100 £ 1,100  
Cash flow hedging | More than 1 year but less than 3 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 33,900 £ 33,900 £ 33,900 £ 33,900 £ 33,900 £ 33,900 £ 33,900 £ 46,500 £ 46,500 £ 46,500 £ 46,500 £ 46,500 £ 46,500 £ 46,500  
Average fixed interest rate 1.19% 1.19% 1.19% 1.19% 1.19% 1.19% 1.19% 1.71% 1.71% 1.71% 1.71% 1.71% 1.71% 1.71%  
Cash flow hedging | More than 1 year but less than 3 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 39,100 £ 39,100 £ 39,100 £ 39,100 £ 39,100 £ 39,100 £ 39,100 £ 15,700 £ 15,700 £ 15,700 £ 15,700 £ 15,700 £ 15,700 £ 15,700  
Average fixed interest rate 4.36% 4.36% 4.36% 4.36% 4.36% 4.36% 4.36% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75%  
Cash flow hedging | More than 1 year but less than 3 years | Exchange rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 1,600 £ 1,600 £ 1,600 £ 1,600 £ 1,600 £ 1,600 £ 1,600                
Cash flow hedging | More than 1 year but less than 3 years | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) 2,400 2,400 2,400 2,400 2,400 2,400 2,400 £ 2,800 £ 2,800 £ 2,800 £ 2,800 £ 2,800 £ 2,800 £ 2,800  
Cash flow hedging | More than 3 years but less than 5 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 22,800 £ 22,800 £ 22,800 £ 22,800 £ 22,800 £ 22,800 £ 22,800 £ 21,900 £ 21,900 £ 21,900 £ 21,900 £ 21,900 £ 21,900 £ 21,900  
Average fixed interest rate 3.30% 3.30% 3.30% 3.30% 3.30% 3.30% 3.30% 2.04% 2.04% 2.04% 2.04% 2.04% 2.04% 2.04%  
Cash flow hedging | More than 3 years but less than 5 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 5,100 £ 5,100 £ 5,100 £ 5,100 £ 5,100 £ 5,100 £ 5,100  
Average fixed interest rate 2.28% 2.28% 2.28% 2.28% 2.28% 2.28% 2.28% 1.03% 1.03% 1.03% 1.03% 1.03% 1.03% 1.03%  
Cash flow hedging | More than 3 years but less than 5 years | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 2,500 £ 2,500 £ 2,500 £ 2,500 £ 2,500 £ 2,500 £ 2,500 £ 2,100 £ 2,100 £ 2,100 £ 2,100 £ 2,100 £ 2,100 £ 2,100  
Cash flow hedging | 5-10 years | Interest rate risk | Hedging assets                              
Derivatives                              
Derivatives notional (£bn) £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100 £ 10,100  
Average fixed interest rate 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% 1.02% 1.02% 1.02% 1.02% 1.02% 1.02% 1.02%  
Cash flow hedging | 5-10 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 300 £ 300 £ 300 £ 300 £ 300 £ 300 £ 300 £ 7,500 £ 7,500 £ 7,500 £ 7,500 £ 7,500 £ 7,500 £ 7,500  
Average fixed interest rate 2.36% 2.36% 2.36% 2.36% 2.36% 2.36% 2.36% 2.68% 2.68% 2.68% 2.68% 2.68% 2.68% 2.68%  
Cash flow hedging | 5-10 years | Exchange rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 200 £ 200 £ 200 £ 200 £ 200 £ 200 £ 200 £ 200 £ 200 £ 200 £ 200 £ 200 £ 200 £ 200  
Cash flow hedging | Over 10 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Derivatives notional (£bn) £ 600 £ 600 £ 600 £ 600 £ 600 £ 600 £ 600 £ 700 £ 700 £ 700 £ 700 £ 700 £ 700 £ 700  
Cash flow hedging | 10-20 years | Interest rate risk | Hedging assets                              
Derivatives                              
Average fixed interest rate 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12% 3.12%  
Cash flow hedging | 10-20 years | Interest rate risk | Hedging liabilities                              
Derivatives                              
Average fixed interest rate 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% 4.55% 4.55% 4.55% 4.55% 4.55% 4.55% 4.55%