v3.25.2
Fair value of financial instruments - Comparison of carrying amounts and fair values for assets and liabilities not held at fair value (Details) - GBP (£)
£ in Millions
Jun. 30, 2025
Dec. 31, 2024
Dec. 31, 2023
Financial assets      
Debt securities at amortised cost £ 69,936 £ 68,210  
Reverse repurchase agreements and other similar secured lending 7,917 4,734  
Financial liabilities      
Repurchase agreements and other similar secured borrowing (35,469) (39,415)  
Debt securities in issue (104,910) (92,402)  
Subordinated liabilities (12,529) (11,921) £ (10,494)
Fair value      
Financial assets      
Debt securities at amortised cost 69,528 67,354  
Loans and advances at amortised cost 345,952 343,016  
Reverse repurchase agreements and other similar secured lending 7,917 4,734  
Financial liabilities      
Deposits at amortised cost (564,669) (560,393)  
Repurchase agreements and other similar secured borrowing (35,469) (39,415)  
Debt securities in issue (106,837) (94,463)  
Subordinated liabilities (12,978) (12,434)  
Carrying amount      
Financial assets      
Debt securities at amortised cost 69,936 68,210  
Loans and advances at amortised cost 347,828 346,273  
Reverse repurchase agreements and other similar secured lending 7,917 4,734  
Financial liabilities      
Deposits at amortised cost (564,535) (560,663)  
Repurchase agreements and other similar secured borrowing (35,469) (39,415)  
Debt securities in issue (104,910) (92,402)  
Subordinated liabilities £ (12,529) £ (11,921)