v3.26.1
Fair value of financial instruments - Analysis of movements in Level 3 assets and liabilities (Details) - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Reconciliation of changes in fair value measurement, assets [abstract]      
Transfers out of Level 3 of fair value hierarchy, assets £ (4,700)    
Reconciliation of changes in fair value measurement, liabilities [abstract]      
Transfers out of Level 3 of fair value hierarchy, liabilities 2,300    
Reconciliation of changes in fair value measurement, assets (liabilities)      
Derivative financial assets 303,602   £ 252,459
Derivative financial instruments (291,785)   (240,808)
Significant unobservable inputs (Level 3)      
Reconciliation of changes in fair value measurement, assets [abstract]      
Beginning balance, financial assets 23,778    
Ending balance, financial assets 18,262    
Reconciliation of changes in fair value measurement, liabilities [abstract]      
Beginning balance, financial liabilities (8,026)    
Ending balance, financial liabilities (5,432)    
Reconciliation of changes in fair value measurement, assets (liabilities)      
Derivative financial assets 1,976   1,712
Derivative financial instruments (2,855)   £ (3,065)
Recurring fair value measurement | Significant unobservable inputs (Level 3)      
Reconciliation of changes in fair value measurement, assets (liabilities)      
Beginning balance, assets (liabilities) 15,752 £ 17,530  
Purchases, fair value measurement, assets (liabilities) net 5,497 7,130  
Sales, fair value measurement, assets (liabilities) net (3,405) (5,803)  
Issues, fair value measurement, assets (liabilities) net (1,278) (617)  
Settlements, fair value measurement, assets (liabilities) net (3,746) (1,695)  
Total gains or losses recognised in OCI, assets (liabilities) net 0 0  
Transfers into Level 3 of fair value hierarchy, assets (liabilities) net 404 539  
Transfers out of Level 3 of fair value hierarchy, assets (liabilities) net (602) 308  
Ending balance, assets (liabilities) 12,830 17,786  
Derivative financial assets 1,976 1,989  
Derivative financial instruments (2,855) (2,861)  
Recurring fair value measurement | Significant unobservable inputs (Level 3) | Net derivative financial instruments      
Reconciliation of changes in fair value measurement, liabilities [abstract]      
Beginning balance, financial liabilities (1,353) (1,104)  
Purchases, fair value measurement, liabilities (495) (17)  
Sales, fair value measurement, liabilities 64 249  
Issues, fair value measurement, liabilities 0 0  
Settlements, fair value measurement, liabilities 0 0  
Total gains or losses recognised in OCI, liabilities 0 0  
Transfers into Level 3 of fair value hierarchy, liabilities (79) (34)  
Transfers out of Level 3 of fair value hierarchy, liabilities 879 (135)  
Ending balance, financial liabilities (879) (872)  
Recurring fair value measurement | Significant unobservable inputs (Level 3) | Net assets (liabilities) at fair value through profit or loss, category trading income      
Reconciliation of changes in fair value measurement, assets (liabilities)      
Total gains and losses in the period recognised in the income statement, assets (liabilities) net 190 354  
Recurring fair value measurement | Significant unobservable inputs (Level 3) | Net assets (liabilities) at fair value through profit or loss, category trading income | Net derivative financial instruments      
Reconciliation of changes in fair value measurement, liabilities [abstract]      
Total gains and losses in the period recognised in the income statement, liabilities 104 166  
Recurring fair value measurement | Significant unobservable inputs (Level 3) | Net assets (liabilities) at fair value through profit or loss, category other income      
Reconciliation of changes in fair value measurement, assets (liabilities)      
Total gains and losses in the period recognised in the income statement, assets (liabilities) net 18 40  
Recurring fair value measurement | Significant unobservable inputs (Level 3) | Net assets (liabilities) at fair value through profit or loss, category other income | Net derivative financial instruments      
Reconciliation of changes in fair value measurement, liabilities [abstract]      
Total gains and losses in the period recognised in the income statement, liabilities 1 3  
Recurring fair value measurement | Investment property | Significant unobservable inputs (Level 3)      
Reconciliation of changes in fair value measurement, assets [abstract]      
Beginning balance, financial assets 43 9  
Purchases, fair value measurement, assets 0 33  
Sales, fair value measurement, assets 0 0  
Issues, fair value measurement, assets 0 0  
Settlements, fair value measurement, assets 0 0  
Total gains or losses recognised in OCI, assets 0 0  
Transfers into Level 3 of fair value hierarchy, assets 0 0  
Transfers out of Level 3 of fair value hierarchy, assets 0 0  
Ending balance, financial assets 42 42  
Recurring fair value measurement | Investment property | Significant unobservable inputs (Level 3) | Financial assets at fair value through profit or loss, category trading      
Reconciliation of changes in fair value measurement, assets [abstract]      
Total gains and losses in the period recognised in the income statement, assets (1) 0  
Recurring fair value measurement | Investment property | Significant unobservable inputs (Level 3) | Financial assets at fair value through profit or loss, category other income      
Reconciliation of changes in fair value measurement, assets [abstract]      
Total gains and losses in the period recognised in the income statement, assets 0 0  
Trading portfolio liabilities | Recurring fair value measurement | Significant unobservable inputs (Level 3)      
Reconciliation of changes in fair value measurement, liabilities [abstract]      
Beginning balance, financial liabilities (87) (395)  
Purchases, fair value measurement, liabilities (62) (46)  
Sales, fair value measurement, liabilities 41 28  
Issues, fair value measurement, liabilities 0 0  
Settlements, fair value measurement, liabilities 0 0  
Total gains or losses recognised in OCI, liabilities 0 0  
Transfers into Level 3 of fair value hierarchy, liabilities (15) (57)  
Transfers out of Level 3 of fair value hierarchy, liabilities 32 9  
Ending balance, financial liabilities (79) (424)  
Trading portfolio liabilities | Recurring fair value measurement | Significant unobservable inputs (Level 3) | Financial liabilities at fair value through profit or loss, category trading      
Reconciliation of changes in fair value measurement, liabilities [abstract]      
Total gains and losses in the period recognised in the income statement, liabilities 12 37  
Trading portfolio liabilities | Recurring fair value measurement | Significant unobservable inputs (Level 3) | Financial liabilities at fair value through profit or loss, category other income      
Reconciliation of changes in fair value measurement, liabilities [abstract]      
Total gains and losses in the period recognised in the income statement, liabilities 0 0  
Financial liabilities designated at fair value | Recurring fair value measurement | Significant unobservable inputs (Level 3)      
Reconciliation of changes in fair value measurement, liabilities [abstract]      
Beginning balance, financial liabilities (4,874) (3,258)  
Purchases, fair value measurement, liabilities 0 0  
Sales, fair value measurement, liabilities 0 91  
Issues, fair value measurement, liabilities (1,278) (617)  
Settlements, fair value measurement, liabilities 504 31  
Total gains or losses recognised in OCI, liabilities 0 0  
Transfers into Level 3 of fair value hierarchy, liabilities (265) (179)  
Transfers out of Level 3 of fair value hierarchy, liabilities 3,348 996  
Ending balance, financial liabilities (2,498) (2,848)  
Financial liabilities designated at fair value | Recurring fair value measurement | Significant unobservable inputs (Level 3) | Financial liabilities at fair value through profit or loss, category trading      
Reconciliation of changes in fair value measurement, liabilities [abstract]      
Total gains and losses in the period recognised in the income statement, liabilities 67 88  
Financial liabilities designated at fair value | Recurring fair value measurement | Significant unobservable inputs (Level 3) | Financial liabilities at fair value through profit or loss, category other income      
Reconciliation of changes in fair value measurement, liabilities [abstract]      
Total gains and losses in the period recognised in the income statement, liabilities 0 0  
Trading portfolio assets | Recurring fair value measurement | Significant unobservable inputs (Level 3)      
Reconciliation of changes in fair value measurement, assets [abstract]      
Beginning balance, financial assets 10,347 10,115  
Purchases, fair value measurement, assets 4,116 4,125  
Sales, fair value measurement, assets (2,052) (3,524)  
Issues, fair value measurement, assets 0 0  
Settlements, fair value measurement, assets (2,133) (1,147)  
Total gains or losses recognised in OCI, assets 0 0  
Transfers into Level 3 of fair value hierarchy, assets 586 439  
Transfers out of Level 3 of fair value hierarchy, assets (2,121) (265)  
Ending balance, financial assets 8,778 9,879  
Trading portfolio assets | Recurring fair value measurement | Significant unobservable inputs (Level 3) | Financial assets at fair value through profit or loss, category trading      
Reconciliation of changes in fair value measurement, assets [abstract]      
Total gains and losses in the period recognised in the income statement, assets 35 136  
Trading portfolio assets | Recurring fair value measurement | Significant unobservable inputs (Level 3) | Financial assets at fair value through profit or loss, category other income      
Reconciliation of changes in fair value measurement, assets [abstract]      
Total gains and losses in the period recognised in the income statement, assets 0 0  
Financial assets at fair value through the income statement | Recurring fair value measurement | Significant unobservable inputs (Level 3)      
Reconciliation of changes in fair value measurement, assets [abstract]      
Beginning balance, financial assets 8,577 8,424  
Purchases, fair value measurement, assets 1,472 2,469  
Sales, fair value measurement, assets (1,212) (1,200)  
Issues, fair value measurement, assets 0 0  
Settlements, fair value measurement, assets (1,164) (573)  
Total gains or losses recognised in OCI, assets 0 0  
Transfers into Level 3 of fair value hierarchy, assets 31 63  
Transfers out of Level 3 of fair value hierarchy, assets (2,661) (285)  
Ending balance, financial assets 5,025 8,831  
Financial assets at fair value through the income statement | Recurring fair value measurement | Significant unobservable inputs (Level 3) | Financial assets at fair value through profit or loss, category trading      
Reconciliation of changes in fair value measurement, assets [abstract]      
Total gains and losses in the period recognised in the income statement, assets (35) (75)  
Financial assets at fair value through the income statement | Recurring fair value measurement | Significant unobservable inputs (Level 3) | Financial assets at fair value through profit or loss, category other income      
Reconciliation of changes in fair value measurement, assets [abstract]      
Total gains and losses in the period recognised in the income statement, assets 17 8  
Financial assets at fair value through other comprehensive income | Recurring fair value measurement | Significant unobservable inputs (Level 3)      
Reconciliation of changes in fair value measurement, assets [abstract]      
Beginning balance, financial assets 3,099 3,739  
Purchases, fair value measurement, assets 466 566  
Sales, fair value measurement, assets (246) (1,447)  
Issues, fair value measurement, assets 0 0  
Settlements, fair value measurement, assets (953) (6)  
Total gains or losses recognised in OCI, assets 0 0  
Transfers into Level 3 of fair value hierarchy, assets 146 307  
Transfers out of Level 3 of fair value hierarchy, assets (79) (12)  
Ending balance, financial assets 2,441 3,178  
Financial assets at fair value through other comprehensive income | Recurring fair value measurement | Significant unobservable inputs (Level 3) | Financial assets at fair value through profit or loss, category trading      
Reconciliation of changes in fair value measurement, assets [abstract]      
Total gains and losses in the period recognised in the income statement, assets 8 2  
Financial assets at fair value through other comprehensive income | Recurring fair value measurement | Significant unobservable inputs (Level 3) | Financial assets at fair value through profit or loss, category other income      
Reconciliation of changes in fair value measurement, assets [abstract]      
Total gains and losses in the period recognised in the income statement, assets £ 0 £ 29