Lloyds Bank (LLOY) 6-K 25 Jul 24 2024 Q2 Current report (foreign) Financial data

Cover

Cover	6 Months Ended
	Jun. 30, 2024
Cover [Abstract]
Document type	6-K
Entity registrant name	LLOYDS BANK plc
Document period end date	Jun. 30, 2024
Entity central index key	0001167831
Amendment flag	false
Current fiscal year end date	--12-31
Document fiscal year focus	2024
Document fiscal period focus	Q2

CONDENSED CONSOLIDATED INCOME S

CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Profit or loss [abstract]
Interest income	£ 13,980	£ 11,802
Interest expense	(7,758)	(4,793)
Net interest income	6,222	7,009
Fee and commission income	1,186	1,196
Fee and commission expense	(883)	(550)
Net fee and commission income	303	646
Net trading income	331	107
Other operating income	1,520	1,278
Other income	2,154	2,031
Total income	8,376	9,040
Operating expenses	(5,436)	(4,829)
Impairment	(122)	(681)
Profit before tax	2,818	3,530
Tax expense	(811)	(940)
Profit for the period	2,007	2,590
Profit attributable to ordinary shareholders	1,824	2,417
Profit attributable to other equity holders	172	161
Profit attributable to equity holders	1,996	2,578
Profit attributable to non-controlling interests	£ 11	£ 12

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024		Jun. 30, 2023
Statement of comprehensive income [abstract]
Profit for the period	£ 2,007		£ 2,590
Post-retirement defined benefit scheme remeasurements:
Remeasurements before tax	(351)		(119)
Tax	93		27
Remeasurements after tax	(258)		(92)
Gains and losses attributable to own credit risk:
Losses before tax	(86)		(85)
Tax	24		24
Gains and (losses) net of tax	(62)		(61)
Movements in revaluation reserve in respect of debt securities held at fair value through other comprehensive income:
Change in fair value	105		157
Income statement transfers in respect of disposals	(4)		67
Income statement transfers in respect of impairment	(2)		(2)
Tax	(27)		(61)
Revaluation reserve in respect of debt securities held at fair value through other comprehensive income	72		161
Movements in cash flow hedging reserve:
Effective portion of changes in fair value taken to other comprehensive income	(1,435)		(1,287)
Net income statement transfers	1,072		616
Tax	102		188
Cash flow hedging reserve	(261)		(483)
Movements in foreign currency translation reserve:
Currency translation differences (tax: £nil)	(39)		(58)
Transfers to income statement (tax: £nil)	0		0
Foreign currency translation reserve	(39)		(58)
Total other comprehensive loss for the period, net of tax	(548)		(533)
Total comprehensive income for the period	1,459	[1]	2,057	[2]
Total comprehensive income attributable to ordinary shareholders	1,276		1,884
Total comprehensive income attributable to other equity holders	172		161
Total comprehensive income attributable to equity holders	1,448		2,045
Total comprehensive income attributable to non-controlling interests	£ 11		£ 12
[1] Total comprehensive income attributable to owners of the parent was £1,448 million . Total comprehensive income attributable to owners of the parent was £2,045 million .

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) (Parenthetical) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Statement of comprehensive income [abstract]
Tax on currency translation	£ 0	£ 0
Transfers to the income statement tax	£ 0	£ 0

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEET - GBP (£) £ in Millions	Jun. 30, 2024		Dec. 31, 2023
Assets
Cash and balances at central banks	£ 49,154		£ 57,909
Financial assets at fair value through profit or loss	2,265		1,862
Derivative financial instruments	2,688		3,165
Loans and advances to banks	7,067		8,810
Loans and advances to customers	435,310		433,124
Reverse repurchase agreements	42,273		32,751
Debt securities	12,619		12,546
Due from fellow Lloyds Banking Group undertakings	789		840
Financial assets at amortised cost	498,058		488,071
Financial assets at fair value through other comprehensive income	27,521		27,337
Goodwill and other intangible assets	5,870		5,837
Current tax recoverable	846		1,026
Deferred tax assets	4,622		4,636
Retirement benefit assets	3,379		3,624
Other assets	13,959		11,938
Total assets	608,362		605,405
Liabilities
Deposits from banks	2,973		3,557
Customer deposits	446,165		441,953
Repurchase agreements	37,848		37,702
Due to fellow Lloyds Banking Group undertakings	5,168		2,932
Financial liabilities at fair value through profit or loss	4,909		5,255
Derivative financial instruments	3,980		4,307
Notes in circulation	1,766		1,392
Debt securities in issue at amortised cost	48,725		52,449
Other liabilities	8,468		6,260
Retirement benefit obligations	130		136
Current tax liabilities	28		23
Deferred tax liabilities	146		157
Provisions	1,653		1,916
Subordinated liabilities	6,764		6,935
Total liabilities	568,723		564,974
Equity
Share capital	1,574		1,574
Share premium account	600		600
Other reserves	2,167		2,395
Retained profits	30,211		30,786
Ordinary shareholders’ equity	34,552		35,355
Other equity instruments	5,018		5,018
Total equity excluding non-controlling interests	39,570		40,373
Non-controlling interests	69		58
Total equity	39,639	[1]	40,431	[2]
Total equity and liabilities	£ 608,362		£ 605,405
[1] Total equity attributable to owners of the parent was £39,570 million Total equity attributable to owners of the parent was £40,373 million

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) - GBP (£) £ in Millions		Total	Total	Share capital and premium	Other reserves	Retained profits	Other equity instruments	Non-controlling interests
Beginning balance at Dec. 31, 2022		£ 39,059	£ 34,709	£ 2,174	£ 743	£ 31,792	£ 4,268	£ 82
Comprehensive income
Profit for the period		2,590	2,417			2,417	161	12
Other comprehensive income
Post-retirement defined benefit scheme remeasurements, net of tax		(92)	(92)			(92)
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax:
Debt securities		161	161		161
Gains and losses attributable to own credit risk, net of tax		(61)	(61)			(61)
Movements in cash flow hedging reserve, net of tax		(483)	(483)		(483)
Movements in foreign currency translation reserve, net of tax		(58)	(58)		(58)
Total other comprehensive loss for the period, net of tax		(533)	(533)		(380)	(153)
Total comprehensive income for the period	[1]	2,057	1,884		(380)	2,264	161	12
Transactions with owners
Dividends		(1,930)	(1,900)			(1,900)		(30)
Distributions on other equity instruments		(161)					(161)
Issue of other equity instruments		745	(5)			(5)	750
Capital contributions received		94	94			94
Return of capital contributions		0	0			0
Total transactions with owners		(1,252)	(1,811)			(1,811)	589	(30)
Ending balance at Jun. 30, 2023	[2]	39,864	34,782	2,174	363	32,245	5,018	64
Comprehensive income
Profit for the period		2,617	2,441			2,441	173	3
Other comprehensive income
Post-retirement defined benefit scheme remeasurements, net of tax		(1,113)	(1,113)			(1,113)
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax:
Debt securities		(90)	(90)		(90)
Gains and losses attributable to own credit risk, net of tax		(107)	(107)			(107)
Movements in cash flow hedging reserve, net of tax		2,097	2,097		2,097
Movements in foreign currency translation reserve, net of tax		25	25		25
Total other comprehensive loss for the period, net of tax		812	812		2,032	(1,220)
Total comprehensive income for the period	[3]	3,429	3,253		2,032	1,221	173	3
Transactions with owners
Dividends		(2,809)	(2,800)			(2,800)		(9)
Distributions on other equity instruments		(173)					(173)
Issue of other equity instruments		0
Capital contributions received		121	121			121
Return of capital contributions		(1)	(1)			(1)
Total transactions with owners		(2,862)	(2,680)			(2,680)	(173)	(9)
Ending balance at Dec. 31, 2023	[4]	40,431	35,355	2,174	2,395	30,786	5,018	58
Comprehensive income
Profit for the period		2,007	1,824			1,824	172	11
Other comprehensive income
Post-retirement defined benefit scheme remeasurements, net of tax		(258)	(258)			(258)
Movements in revaluation reserve in respect of financial assets held at fair value through other comprehensive income, net of tax:
Debt securities		72	72		72
Gains and losses attributable to own credit risk, net of tax		(62)	(62)			(62)
Movements in cash flow hedging reserve, net of tax		(261)	(261)		(261)
Movements in foreign currency translation reserve, net of tax		(39)	(39)		(39)
Total other comprehensive loss for the period, net of tax		(548)	(548)		(228)	(320)
Total comprehensive income for the period	[5]	1,459	1,276		(228)	1,504	172	11
Transactions with owners
Dividends		(2,140)	(2,140)			(2,140)		0
Distributions on other equity instruments		(172)					(172)
Issue of other equity instruments		0	0			0	0
Capital contributions received		61	61			61
Return of capital contributions		0
Total transactions with owners		(2,251)	(2,079)			(2,079)	(172)	0
Ending balance at Jun. 30, 2024	[6]	£ 39,639	£ 34,552	£ 2,174	£ 2,167	£ 30,211	£ 5,018	£ 69
[1] Total comprehensive income attributable to owners of the parent was £2,045 million . Total equity attributable to owners of the parent was £39,800 million Total comprehensive income attributable to owners of the parent was £3,426 million . Total equity attributable to owners of the parent was £40,373 million Total comprehensive income attributable to owners of the parent was £1,448 million . Total equity attributable to owners of the parent was £39,570 million

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) (Parenthetical) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Consolidated Statement Of Changes In Equity [Abstract]
Total comprehensive income attributable to owners of the parent	£ 1,448	£ 3,426	£ 2,045
Total equity excluding non-controlling interests	£ 39,570	£ 40,373	£ 39,800

CONDENSED CONSOLIDATED CASH FLO

CONDENSED CONSOLIDATED CASH FLOW STATEMENT (UNAUDITED) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities
Profit before tax	£ 2,818	£ 3,530
Adjustments for:
Change in operating assets	(11,747)	8,828
Change in operating liabilities	2,077	(1,869)
Non-cash and other items	2,270	1,897
Net tax paid	(415)	(785)
Net cash (used in) provided by operating activities	(4,997)	11,601
Cash flows from investing activities
Purchase of financial assets	(5,800)	(3,847)
Proceeds from sale and maturity of financial assets	5,261	3,654
Purchase of fixed assets	(2,636)	(3,220)
Proceeds from sale of fixed assets	604	506
Net cash used in investing activities	(2,571)	(2,907)
Cash flows from financing activities
Dividends paid to ordinary shareholders	(2,140)	(1,900)
Distributions on other equity instruments	(172)	(161)
Dividends paid to non-controlling interests	0	(30)
Interest paid on subordinated liabilities	(194)	(198)
Proceeds from issue of other equity instruments	0	745
Repayment of subordinated liabilities	0	(265)
Borrowings from parent company	3,168	389
Repayments of borrowings to parent company	(1,001)	(945)
Interest paid on borrowings from parent company	(198)	(214)
Net cash used in financing activities	(537)	(2,579)
Effects of exchange rate changes on cash and cash equivalents	(66)	(70)
Change in cash and cash equivalents	(8,171)	6,045
Cash and cash equivalents at beginning of period	66,538	75,201
Cash and cash equivalents at end of period	£ 58,367	£ 81,246

Basis of preparation and accoun

Basis of preparation and accounting policies	6 Months Ended
	Jun. 30, 2024
Disclosure Of Basis Of Preparation And Significant Accounting Policies [Abstract]
Basis of preparation and accounting policies	Note 1: Basis of preparation and accounting policies These condensed consolidated half-year financial statements as at and for the period to 30 June 2024 have been prepared in accordance with International Accounting Standard 34 (IAS 34), Interim Financial Reporting as issued by the International Accounting Standards Board (IASB) and comprise the results of Lloyds Bank plc (the Bank) together with its subsidiaries (the Group). They do not include all of the information required for full annual financial statements and should be read in conjunction with the Group’s consolidated financial statements as at and for the year ended 31 December 2023 which were prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the IASB. Copies of the 2023 annual report on Form 20-F are available on the Lloyds Banking Group’s website. The directors consider that it is appropriate to continue to adopt the going concern basis in preparing these condensed consolidated half-year financial statements. In reaching this assessment, the directors have taken into account the uncertainties affecting the UK economy and their potential effects upon the Group’s performance and projected funding and capital position; the impact of further stress scenarios has also been considered. On this basis, the directors are satisfied that the Group will maintain adequate levels of funding and capital for the foreseeable future. The Group’s accounting policies are consistent with those applied by the Group in its financial statements for the year ended 31 December 2023 and there have been no changes in the Group’s methods of computation. The IASB has issued a number of minor amendments to IFRSs that are relevant to the Group effective 1 January 2024, including IFRS 16 Lease Liability in a Sale and Leaseback , IAS 1 Non-current Liabilities with Covenants , and IAS 1 Classification of Liabilities as Current or Non-current . These amendments have not had a significant impact on the Group. Future accounting developments The IASB has issued Amendments to the Classification and Measurement of Financial Instruments (IFRS 9 and IFRS 7) which is effective 1 January 2026 and IFRS 19 Subsidiaries without Public Accountability: Disclosures which is effective 1 January 2027. Neither the amendments nor IFRS 19 are expected to have a significant impact on the Group. The IASB has also issued IFRS 18 Primary Financial Statements which is effective 1 January 2027. The standard includes no measurement changes, and the Group is currently assessing the impact of this standard on its income statement presentation.

Critical accounting judgements

Critical accounting judgements and key sources of estimation uncertainty	6 Months Ended
	Jun. 30, 2024
Disclosure Of Accounting Judgements And Estimates [Abstract]
Critical accounting judgements and key sources of estimation uncertainty	Note 2: Critical accounting judgements and key sources of estimation uncertainty The preparation of the Group’s financial statements in accordance with IFRS requires management to make judgements, estimates and assumptions in applying the accounting policies that affect the reported amounts of assets, liabilities, income and expenses. Due to the inherent uncertainty in making estimates, actual results reported in future periods may be based upon amounts which differ from these estimates. Estimates, judgements and assumptions are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In preparing the financial statements, the Group has considered the impact of climate-related risks on its financial position and performance. While the effects of climate change represent a source of uncertainty, the Group does not consider there to be a material impact on its judgements and estimates from the physical, transition and other climate-related risks in the short-term. The Group’s significant judgements, estimates and assumptions are unchanged compared to those disclosed in note 3 of the Group’s 2023 financial statements. Further information on the critical accounting judgements and key sources of estimation uncertainty for the allowance for expected credit losses is set out in note 12 .

Segmental analysis

Segmental analysis	6 Months Ended
	Jun. 30, 2024
Disclosure of operating segments [abstract]
Segmental analysis	Note 3: Segmental analysis The Group provides a wide range of banking and financial services in the UK and in certain locations overseas. The Group Executive Committee (GEC) of Lloyds Bank plc remains the "chief operating decision maker" (as defined by IFRS 8 Operating Segments ) for the Group. Half-year to 30 June 2024 Retail £m Commercial Banking £m Other £m Total £m Net interest income 4,429 1,636 157 6,222 Other income 837 521 796 2,154 Total income 5,266 2,157 953 8,376 Operating expenses (3,563) (1,149) (724) (5,436) Impairment (charge) credit (195) 69 4 (122) Profit before tax 1,508 1,077 233 2,818 External income (expense) 6,254 2,829 (707) 8,376 Inter-segment (expense) income (988) (672) 1,660 – Segment income 5,266 2,157 953 8,376 Half-year to 30 June 2023 Retail £m Commercial Banking £m Other £m Total £m Net interest income 5,063 1,881 65 7,009 Other income 1,005 513 513 2,031 Total income 6,068 2,394 578 9,040 Operating expenses (3,009) (1,063) (757) (4,829) Impairment (charge) credit (592) (90) 1 (681) Profit (loss) before tax 2,467 1,241 (178) 3,530 External income (expense) 6,427 2,904 (291) 9,040 Inter-segment (expense) income (359) (510) 869 – Segment income 6,068 2,394 578 9,040 NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 3: Segmental analysis (continued) Segment external assets Segment external liabilities At 30 Jun 2024 £m At 31 Dec 2023 £m At 30 Jun 2024 £m At 31 Dec 2023 £m Retail 380,653 376,589 319,063 313,232 Commercial Banking 86,004 90,301 136,393 138,835 Other 141,705 138,515 113,267 112,907 Total Group 608,362 605,405 568,723 564,974

Net fee and commission income

Net fee and commission income	6 Months Ended
	Jun. 30, 2024
Net Fee And Commission Income [Abstract]
Net fee and commission income	Note 4: Net fee and commission income Half-year to 30 Jun 2024 £m Half-year to 30 Jun 2023 £m Fee and commission income: Current accounts 312 308 Credit and debit card fees 629 614 Commercial banking and treasury fees 92 93 Factoring 35 39 Other fees and commissions 118 142 Total fee and commission income 1,186 1,196 Fee and commission expense (883) (550) Net fee and commission income 303 646 Current account and credit and debit card fees principally arise in Retail; commercial banking, treasury and factoring fees arise in Commercial Banking.

Operating expenses

Operating expenses	6 Months Ended
	Jun. 30, 2024
Disclosure of Expenses [Abstract]
Operating expenses	Note 5: Operating expenses Half-year to 30 Jun 2024 £m Half-year to 30 Jun 2023 £m Staff costs 2,287 1,934 Premises and equipment costs 182 167 Depreciation and amortisation 1,659 1,310 Other 1,308 1,418 Total operating expenses 5,436 4,829

Retirement benefit obligations

Retirement benefit obligations	6 Months Ended
	Jun. 30, 2024
Disclosure of defined benefit plans [abstract]
Retirement benefit obligations	Note 6: Retirement benefit obligations The Group’s post-retirement defined benefit scheme obligations are comprised as follows: At 30 Jun 2024 £m At 31 Dec 2023 £m Defined benefit pension schemes: Present value of funded obligations (28,633) (30,201) Fair value of scheme assets 31,924 33,733 Net pension scheme asset 3,291 3,532 Other post-retirement schemes (42) (44) Total amounts recognised in the balance sheet 3,249 3,488 Recognised on the balance sheet as: Retirement benefit assets 3,379 3,624 Retirement benefit obligations (130) (136) Total amounts recognised in the balance sheet 3,249 3,488 Movements in the Group’s net post-retirement defined benefit scheme asset during the period were as follows: £m Asset at 1 January 2024 3,488 Income statement credit 21 Employer contributions 91 Remeasurement (351) Asset at 30 June 2024 3,249 The principal assumptions used in the valuations of the defined benefit pension schemes were as follows: At 30 Jun 2024 % At 31 Dec 2023 % Discount rate 5.18 4.70 Rate of inflation: Retail Price Index (RPI) 3.08 2.96 Consumer Price Index (CPI) 2.67 2.47 Rate of salary increases 0.00 0.00 Weighted-average rate of increase for pensions in payment 2.90 2.73

Impairment

Impairment	6 Months Ended
	Jun. 30, 2024
Disclosure of impairment loss and reversal of impairment loss [abstract]
Impairment	Note 7: Impairment Half-year to 30 Jun 2024 £m Half-year to 30 Jun 2023 £m Loans and advances to banks (4) (2) Loans and advances to customers 169 678 Debt securities (1) (1) Financial assets held at amortised cost 164 675 Financial assets at fair value through other comprehensive income (2) (1) Loan commitments and financial guarantees (40) 7 Total impairment 122 681 There was a £ 10 million charge in respect of residual value impairment and voluntary terminations within the Group’s UK Motor Finance business in the current period (half-year to 30 June 2023 : £27 million ).

Tax

Tax	6 Months Ended
	Jun. 30, 2024
Income taxes paid (refund) [abstract]
Tax	Note 8: Tax In accordance with IAS 34, the Group’s income tax expense for the half-year to 30 June 2024 is based on the best estimate of the weighted-average annual income tax rate expected for the full financial year. The tax effects of one-off items are not included in the weighted-average annual income tax rate, but are recognised in the relevant period. An explanation of the relationship between tax expense and accounting profit is set out below: Half-year to 30 Jun 2024 £m Half-year to 30 Jun 2023 £m Profit before tax 2,818 3,530 UK corporation tax thereon at 25.0 per cent ( 2023 : 23.5 per cent) (704) (830) Impact of surcharge on banking profits (78) (130) Non-deductible costs: conduct charges 4 (2) Other non-deductible costs (98) (40) Non-taxable income 33 1 Tax relief on coupons on other equity instruments 42 38 Tax-exempt gains/(losses) on disposals – 22 Remeasurement of deferred tax due to rate changes 3 (1) Differences in overseas tax rates (3) (1) Adjustments in respect of prior years (10) 3 Tax expense (811) (940)

Fair values of financial assets

Fair values of financial assets and liabilities	6 Months Ended
	Jun. 30, 2024
Fair Values Of Financial Assets And Liabilities [Abstract]
Fair values of financial assets and liabilities	Note 9: Fair values of financial assets and liabilities The valuations of financial instruments have been classified into three levels according to the quality and reliability of information used to determine those fair values. Note 16 to the Group’s financial statements for the year ended 31 December 2023 details the definitions of the three levels in the fair value hierarchy. Financial instruments classified as financial assets at fair value through profit or loss, derivative financial instruments, financial assets at fair value through other comprehensive income and financial liabilities at fair value through profit or loss are recognised at fair value. The Group manages valuation adjustments for its derivative exposures on a net basis; the Group determines their fair values on the basis of their net exposures. In all other cases, fair values of financial assets and liabilities measured at fair value are determined on the basis of their gross exposures. The following tables provide an analysis of the financial assets and liabilities of the Group that are carried at fair value in the Group’s consolidated balance sheet, grouped into levels 1 to 3 based on the degree to which the fair value is observable. There were no significant transfers between level 1 and level 2 during the period. Financial assets Level 1 £m Level 2 £m Level 3 £m Total £m At 30 June 2024 Financial assets at fair value through profit or loss: Loans and advances to customers – 1,784 282 2,066 Equity shares 195 – 4 199 Total financial assets at fair value through profit or loss 195 1,784 286 2,265 Financial assets at fair value through other comprehensive income: Debt securities 14,038 13,432 51 27,521 Equity shares – – – – Total financial assets at fair value through other comprehensive income 14,038 13,432 51 27,521 Derivative financial instruments – 2,688 – 2,688 Total financial assets carried at fair value 14,233 17,904 337 32,474 At 31 December 2023 Financial assets at fair value through profit or loss: Loans and advances to customers – 1,391 266 1,657 Equity shares 201 – 4 205 Total financial assets at fair value through profit or loss 201 1,391 270 1,862 Financial assets at fair value through other comprehensive income: Debt securities 15,025 12,259 52 27,336 Equity shares – – 1 1 Total financial assets at fair value through other comprehensive income 15,025 12,259 53 27,337 Derivative financial instruments – 3,165 – 3,165 Total financial assets carried at fair value 15,226 16,815 323 32,364 NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 9: Fair values of financial assets and liabilities (continued) Financial liabilities Level 1 £m Level 2 £m Level 3 £m Total £m At 30 June 2024 Financial liabilities at fair value through profit or loss – 4,886 23 4,909 Derivative financial instruments – 3,832 148 3,980 Total financial liabilities carried at fair value – 8,718 171 8,889 At 31 December 2023 Financial liabilities at fair value through profit or loss – 5,232 23 5,255 Derivative financial instruments – 4,168 139 4,307 Total financial liabilities carried at fair value – 9,400 162 9,562 Valuation control framework Key elements of the valuation control framework include model validation (incorporating pre-trade and post-trade testing), product implementation review and independent price verification. The framework covers processes for all 3 levels in the fair value hierarchy. Formal committees meet quarterly to discuss and approve valuations in more judgemental areas. Transfers into and out of level 3 portfolios Transfers out of level 3 portfolios arise when inputs that could have a significant impact on the instrument’s valuation become market observable; conversely, transfers into the portfolios arise when sources of data cease to be observable. Valuation methodology For level 2 and level 3 portfolios, there is no significant change to the valuation methodology (techniques and inputs) disclosed in the Group’s financial statements for the year ended 31 December 2023 applied to these portfolios. Movements in level 3 portfolio The tables below analyse movements in the level 3 financial assets portfolio. Financial assets at fair value through profit or loss £m Financial assets at fair value through other comprehensive income £m Total financial assets carried at fair value £m At 1 January 2024 270 53 323 Exchange and other adjustments – (1) (1) Gains recognised in the income statement within other income 26 – 26 Purchases/increases to customer loans 6 – 6 Sales/repayments of customer loans (16) (1) (17) At 30 June 2024 286 51 337 Gains recognised in the income statement, within other income, relating to the change in fair value of those assets held at 30 June 2024 26 – 26 At 1 January 2023 295 52 347 Exchange and other adjustments – (2) (2) Gains recognised in the income statement within other income 17 4 21 Purchases/increases to customer loans – – – Sales/repayments of customer loans (8) (2) (10) At 30 June 2023 304 52 356 Gains recognised in the income statement, within other income, relating to the change in fair value of those assets held at 30 June 2023 17 2 19 NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 9: Fair values of financial assets and liabilities (continued) The tables below analyse movements in the level 3 financial liabilities portfolio. Financial liabilities at fair value through profit or loss £m Derivative liabilities £m Total financial liabilities carried at fair value £m At 1 January 2024 23 139 162 Losses recognised in the income statement within other income 2 19 21 Redemptions (2) (10) (12) At 30 June 2024 23 148 171 Losses (gains) recognised in the income statement, within other income, relating to the change in fair value of those liabilities held at 30 June 2024 2 (21) (19) At 1 January 2023 26 163 189 (Gains) losses recognised in the income statement within other income (1) 13 12 Redemptions – (11) (11) At 30 June 2023 25 165 190 Gains recognised in the income statement, within other income, relating to the change in fair value of those liabilities held at 30 June 2023 (1) (16) (17) Sensitivity of level 3 valuations The tables below set out the effects of reasonably possible alternative assumptions for categories of level 3 financial assets and financial liabilities. Effect of reasonably possible alternative assumptions 1 At 30 June 2024 Valuation techniques Significant unobservable inputs 2 Carrying value £m Favourable changes £m Unfavourable changes £m Financial assets at fair value through profit or loss Loans and advances to customers Discounted cash flows Interest rate spreads (+/- 50 bps) 282 20 (19) Equity investments 4 286 Financial assets at fair value through other comprehensive income 51 Level 3 financial assets carried at fair value 337 Financial liabilities at fair value through profit or loss 23 1 (1) Derivative financial liabilities Interest rate derivatives Option pricing model Interest rate volatility ( 13 %/ 200 %) 14 Shared appreciation rights Market values – property valuation HPI (+/- 1 %) 134 13 (12) 148 Level 3 financial liabilities carried at fair value 171 1 Where the exposure to an unobservable input is managed on a net basis, only the net impact is shown in the table. 2 Ranges are shown where appropriate and represent the highest and lowest inputs used in the level 3 valuations. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 9: Fair values of financial assets and liabilities (continued) Sensitivity of level 3 valuations (continued) Effect of reasonably possible alternative assumptions 1 At 31 December 2023 Valuation techniques Significant unobservable inputs 2 Carrying value £m Favourable changes £m Unfavourable changes £m Financial assets at fair value through profit or loss Loans and advances to customers Discounted cash flows Interest rate spreads (+/- 50 bps) 266 21 (19) Equity investments 4 270 Financial assets at fair value through other comprehensive income 53 Level 3 financial assets carried at fair value 323 Financial liabilities at fair value through profit or loss 23 1 (1) Derivative financial liabilities Interest rate derivatives Option pricing model Interest rate volatility ( 13% / 200% ) 16 Shared appreciation rights Market values – property valuation HPI (+/- 1% ) 123 13 (12) 139 Level 3 financial liabilities carried at fair value 162 1 Where the exposure to an unobservable input is managed on a net basis, only the net impact is shown in the table. 2 Ranges are shown where appropriate and represent the highest and lowest inputs used in the level 3 valuations. Unobservable inputs Significant unobservable inputs affecting the valuation of debt securities and derivatives are unchanged from those described in the Group’s financial statements for the year ended 31 December 2023 . Reasonably possible alternative assumptions Valuation techniques applied to many of the Group’s level 3 instruments often involve the use of two or more inputs whose relationship is interdependent. The calculation of the effect of reasonably possible alternative assumptions included in the table above reflects such relationships and are unchanged from those described in note 16 to the Group’s financial statements for the year ended 31 December 2023 . NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 9: Fair values of financial assets and liabilities (continued) The table below summarises the carrying values of financial assets and liabilities measured at amortised cost in the Group’s consolidated balance sheet. The fair values presented in the table are at a specific date and may be significantly different from the amounts which will actually be paid or received on the maturity or settlement date. At 30 June 2024 At 31 December 2023 Carrying value £m Fair value £m Carrying value £m Fair value £m Financial assets Loans and advances to banks 7,067 7,067 8,810 8,810 Loans and advances to customers 435,310 429,131 433,124 423,183 Reverse repurchase agreements 42,273 42,273 32,751 32,751 Debt securities 12,619 12,110 12,546 12,506 Due from fellow Lloyds Banking Group undertakings 789 789 840 840 Financial assets at amortised cost 498,058 491,370 488,071 478,090 Financial liabilities Deposits from banks 2,973 2,965 3,557 3,557 Customer deposits 446,165 446,802 441,953 442,391 Repurchase agreements 37,848 37,848 37,702 37,702 Due to fellow Lloyds Banking Group undertakings 5,168 5,168 2,932 2,932 Debt securities in issue 48,725 48,681 52,449 52,243 Subordinated liabilities 6,764 6,880 6,935 7,160 The carrying amount of the following financial instruments is a reasonable approximation of fair value: cash and balances at central banks, items in the course of collection from banks, items in course of transmission to banks and notes in circulation.

Loans and advances to customers

Loans and advances to customers	6 Months Ended
	Jun. 30, 2024
Financial Assets At Amortised Cost [Abstract]
Loans and advances to customers	Note 10: Loans and advances to customers Half-year to 30 June 2024 Gross carrying amount Allowance for expected credit losses Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m At 1 January 2024 368,859 52,973 7,131 7,854 436,817 885 1,462 1,133 213 3,693 Exchange and other adjustments 1 (1,062) (13) (6) 7 (1,074) (6) (5) 14 23 26 Transfers to Stage 1 16,753 (16,683) (70) – 276 (271) (5) – Transfers to Stage 2 (11,055) 11,533 (478) – (56) 116 (60) – Transfers to Stage 3 (508) (1,710) 2,218 – (8) (156) 164 – Net change in ECL due to transfers (184) 257 169 242 28 (54) 268 242 Impact of transfers between stages 5,190 (6,860) 1,670 – Other changes in credit quality 2 (136) (52) 331 32 175 Additions and repayments 8,751 (3,120) (816) (418) 4,397 (5) (99) (115) (29) (248) Charge (credit) to the income statement (113) (205) 484 3 169 Disposals and derecognition 3 (449) (206) (88) (219) (962) (1) (4) (7) (8) (20) Advances written off (617) (6) (623) (617) (6) (623) Recoveries of advances written off in previous years 69 – 69 69 – 69 At 30 June 2024 381,289 42,774 7,343 7,218 438,624 765 1,248 1,076 225 3,314 Allowance for expected credit losses (765) (1,248) (1,076) (225) (3,314) Net carrying amount 380,524 41,526 6,267 6,993 435,310 Drawn ECL coverage 4 0.2 % 2.9 % 14.7 % 3.1 % 0.8 % 1 Exchange and other adjustments includes the impact of movements in exchange rates, discount unwind, derecognising assets as a result of modifications and adjustments in respect of purchased or originated credit-impaired financial assets (POCI). Where a POCI asset’s expected credit loss is less than its expected credit loss on purchase or origination, the increase in its carrying value is recognised within gross loans, rather than as a negative impairment allowance. 2 Includes a credit for methodology and model changes of £ 65 million, split by Stage as £ 26 million credit for Stage 1, £ 31 million credit for Stage 2, £ 4 million credit for Stage 3 and £ 4 million credit for POCI. 3 Relates to the securitisation of legacy Retail mortgages. 4 Allowance for expected credit losses on loans and advances to customers as a percentage of gross loans and advances to customers. The total allowance for expected credit losses includes £ 185 million (31 December 2023 : £187 million ) in respect of residual value impairment and voluntary terminations within the Group’s UK Motor Finance business. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 10: Loans and advances to customers (continued) Year ended 31 December 2023 Gross carrying amount Allowance for expected credit losses Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m At 1 January 2023 362,766 60,103 7,611 9,622 440,102 678 1,792 1,752 253 4,475 Exchange and other adjustments 1 2,432 (8) (8) 18 2,434 (8) (1) 106 67 164 Transfers to Stage 1 18,355 (18,317) (38) – 393 (385) (8) – Transfers to Stage 2 (17,963) 18,545 (582) – (53) 121 (68) – Transfers to Stage 3 (1,214) (2,507) 3,721 – (13) (223) 236 – Net change in ECL due to transfers (254) 401 312 459 73 (86) 472 459 Impact of transfers between stages (822) (2,279) 3,101 – Other changes in credit quality 2 106 (103) 802 8 813 Additions and repayments 8,168 (3,951) (2,338) (1,043) 836 90 (81) (862) (81) (934) Charge (credit) to the income statement 269 (270) 412 (73) 338 Disposals and derecognition 3 (3,685) (892) (122) (743) (5,442) (54) (59) (24) (34) (171) Advances written off (1,229) – (1,229) (1,229) – (1,229) Recoveries of advances written off in previous years 116 – 116 116 – 116 At 31 December 2023 368,859 52,973 7,131 7,854 436,817 885 1,462 1,133 213 3,693 Allowance for expected credit losses (885) (1,462) (1,133) (213) (3,693) Net carrying amount 367,974 51,511 5,998 7,641 433,124 Drawn ECL coverage 4 0.2 % 2.8 % 15.9 % 2.7 % 0.8 % 1 Exchange and other adjustments includes the impact of movements in exchange rates, discount unwind, derecognising assets as a result of modifications and adjustments in respect of purchased or originated credit-impaired financial assets (POCI). Where a POCI asset’s expected credit loss is less than its expected credit loss on purchase or origination, the increase in its carrying value is recognised within gross loans, rather than as a negative impairment allowance. 2 Includes a charge for methodology and model changes of £ 60 million, split by Stage as £ 96 million charge for Stage 1, £ 33 million credit for Stage 2, £ 1 million credit for Stage 3 and £ 2 million credit for POCI. 3 Relates to the securitisations of legacy Retail mortgages and Retail unsecured loans. 4 Allowance for expected credit losses on loans and advances to customers as a percentage of gross loans and advances to customers. The movement tables are compiled by comparing the position at the end of the period to that at the beginning of the year. Transfers between stages are deemed to have taken place at the start of the reporting period, with all other movements shown in the stage in which the asset is held at the end of the period. Purchased or originated credit-impaired are not transferable. Additions and repayments comprise new loans originated and repayments of outstanding balances throughout the reporting period. The Group’s impairment charge comprises impact of transfers between stages, other changes in credit quality and additions and repayments. Advances written off have first been transferred to Stage 3 and then acquired a full allowance through other changes in credit quality. Recoveries of advances written off in previous years are shown at the full recovered value, with a corresponding entry in repayments and release of allowance through other changes in credit quality.

Credit quality of loans and adv

Credit quality of loans and advances to customers	6 Months Ended
	Jun. 30, 2024
Credit Quality Of Loans And Advances To Customers [Abstract]
Credit quality of loans and advances to customers	Note 11: Credit quality of loans and advances to customers Gross drawn exposures Allowance for expected credit losses At 30 June 2024 Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Retail – UK mortgages RMS 1–3 245,910 8,272 – – 254,182 54 51 – – 105 RMS 4–6 20,300 15,522 – – 35,822 26 109 – – 135 RMS 7–9 98 2,001 – – 2,099 1 35 – – 36 RMS 10 – 973 – – 973 – 23 – – 23 RMS 11–13 – 3,074 – – 3,074 – 108 – – 108 RMS 14 – – 4,542 7,218 11,760 – – 331 225 556 266,308 29,842 4,542 7,218 307,910 81 326 331 225 963 Retail – credit cards RMS 1–3 4,665 3 – – 4,668 9 – – – 9 RMS 4–6 7,357 1,185 – – 8,542 85 56 – – 141 RMS 7–9 1,303 918 – – 2,221 52 116 – – 168 RMS 10 4 166 – – 170 – 35 – – 35 RMS 11–13 – 329 – – 329 – 117 – – 117 RMS 14 – – 290 – 290 – – 133 – 133 13,329 2,601 290 – 16,220 146 324 133 – 603 Retail – UK unsecured loans and overdrafts RMS 1–3 855 1 – – 856 2 – – – 2 RMS 4–6 6,209 437 – – 6,646 89 27 – – 116 RMS 7–9 1,153 347 – – 1,500 41 40 – – 81 RMS 10 34 118 – – 152 3 23 – – 26 RMS 11–13 10 310 – – 320 1 104 – – 105 RMS 14 – – 186 – 186 – – 110 – 110 8,261 1,213 186 – 9,660 136 194 110 – 440 Retail – UK Motor Finance RMS 1–3 9,978 646 – – 10,624 132 14 – – 146 RMS 4–6 3,747 1,092 – – 4,839 46 34 – – 80 RMS 7–9 458 272 – – 730 4 16 – – 20 RMS 10 – 91 – – 91 – 11 – – 11 RMS 11–13 2 187 – – 189 – 37 – – 37 RMS 14 – – 117 – 117 – – 67 – 67 14,185 2,288 117 – 16,590 182 112 67 – 361 Retail – other RMS 1–3 14,153 250 – – 14,403 3 4 – – 7 RMS 4–6 2,200 167 – – 2,367 10 10 – – 20 RMS 7–9 – 90 – – 90 – 5 – – 5 RMS 10 – 5 – – 5 – – – – – RMS 11–13 81 10 – – 91 – – – – – RMS 14 – – 163 – 163 – – 45 – 45 16,434 522 163 – 17,119 13 19 45 – 77 Total Retail 318,517 36,466 5,298 7,218 367,499 558 975 686 225 2,444 NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 11: Credit quality of loans and advances to customers (continued) Gross drawn exposures Allowance for expected credit losses At 30 June 2024 Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Commercial Banking CMS 1–5 13,625 – – – 13,625 1 – – – 1 CMS 6–10 13,731 59 – – 13,790 12 – – – 12 CMS 11–14 32,113 2,020 – – 34,133 125 28 – – 153 CMS 15–18 4,255 3,601 – – 7,856 69 188 – – 257 CMS 19 30 628 – – 658 – 57 – – 57 CMS 20–23 – 2,045 – 2,045 – – 390 – 390 63,754 6,308 2,045 – 72,107 207 273 390 – 870 Other 1 (982) – – – (982) – – – – – Total loans and advances to customers 381,289 42,774 7,343 7,218 438,624 765 1,248 1,076 225 3,314 1 Gross drawn exposures include centralised fair value hedge accounting adjustments. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 11: Credit quality of loans and advances to customers (continued) Gross drawn exposures Allowance for expected credit losses At 31 December 2023 Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Retail – UK mortgages RMS 1–3 226,740 4,137 – – 230,877 123 37 – – 160 RMS 4–6 29,637 27,037 – – 56,674 38 151 – – 189 RMS 7–9 219 2,713 – – 2,932 – 37 – – 37 RMS 10 – 590 – – 590 – 13 – – 13 RMS 11–13 – 4,056 – – 4,056 – 136 – – 136 RMS 14 – – 4,337 7,854 12,191 – – 357 213 570 256,596 38,533 4,337 7,854 307,320 161 374 357 213 1,105 Retail – credit cards RMS 1–3 3,906 5 – – 3,911 9 – – – 9 RMS 4–6 7,159 1,248 – – 8,407 91 65 – – 156 RMS 7–9 1,548 1,069 – – 2,617 67 145 – – 212 RMS 10 12 220 – – 232 1 50 – – 51 RMS 11–13 – 366 – – 366 – 141 – – 141 RMS 14 – – 284 – 284 – – 130 – 130 12,625 2,908 284 – 15,817 168 401 130 – 699 Retail – UK unsecured loans and overdrafts RMS 1–3 638 1 – – 639 1 – – – 1 RMS 4–6 5,152 250 – – 5,402 83 18 – – 101 RMS 7–9 1,256 473 – – 1,729 44 50 – – 94 RMS 10 43 135 – – 178 4 27 – – 31 RMS 11–13 14 328 – – 342 2 113 – – 115 RMS 14 – – 196 – 196 – – 118 – 118 7,103 1,187 196 – 8,486 134 208 118 – 460 Retail – UK Motor Finance RMS 1–3 9,979 569 – – 10,548 142 12 – – 154 RMS 4–6 2,791 998 – – 3,789 41 29 – – 70 RMS 7–9 769 228 – – 997 3 13 – – 16 RMS 10 – 63 – – 63 – 7 – – 7 RMS 11–13 2 169 – – 171 – 30 – – 30 RMS 14 – – 112 – 112 – – 63 – 63 13,541 2,027 112 – 15,680 186 91 63 – 340 Retail – other RMS 1–3 13,613 240 – – 13,853 3 4 – – 7 RMS 4–6 2,197 186 – – 2,383 16 13 – – 29 RMS 7–9 – 86 – – 86 – 4 – – 4 RMS 10 – 6 – – 6 – – – – – RMS 11–13 88 7 – – 95 – – – – – RMS 14 – – 144 – 144 – – 47 – 47 15,898 525 144 – 16,567 19 21 47 – 87 Total Retail 305,763 45,180 5,073 7,854 363,870 668 1,095 715 213 2,691 NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 11: Credit quality of loans and advances to customers (continued) Gross drawn exposures Allowance for expected credit losses At 31 December 2023 Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Commercial Banking CMS 1–5 12,145 – – – 12,145 2 – – – 2 CMS 6–10 17,259 121 – – 17,380 23 – – – 23 CMS 11–14 30,366 2,793 – – 33,159 129 57 – – 186 CMS 15–18 3,618 4,070 – – 7,688 63 229 – – 292 CMS 19 9 809 – – 818 – 81 – – 81 CMS 20–23 – – 2,058 – 2,058 – – 418 – 418 63,397 7,793 2,058 – 73,248 217 367 418 – 1,002 Other 1 (301) – – – (301) – – – – – Total loans and advances to customers 368,859 52,973 7,131 7,854 436,817 885 1,462 1,133 213 3,693 1 Gross drawn exposures include centralised fair value hedge accounting adjustments.

Allowance for expected credit l

Allowance for expected credit losses	6 Months Ended
	Jun. 30, 2024
Allowance For Impairment Losses [Abstract]
Allowance for expected credit losses	Note 12: Allowance for expected credit losses The calculation of the Group’s allowance for expected credit loss allowances requires the Group to make a number of judgements, assumptions and estimates. These are set out in full in note 19 to the Group’s financial statements for the year ended 31 December 2023 , with the most significant set out below. The table below analyses total ECL allowance by portfolio, separately identifying the amounts that have been modelled, those that have been individually assessed and those arising through the application of judgemental adjustments. Judgemental adjustments due to: At 30 June 2024 Modelled ECL £m Individually assessed £m Inflationary and interest rate risk £m Other £m Total ECL £m UK mortgages 806 – 23 142 971 Credit cards 679 – 6 15 700 Other Retail 878 – 6 58 942 Commercial Banking 968 322 – (308) 982 Other 1 – – – 1 Total 3,332 322 35 (93) 3,596 At 31 December 2023 UK mortgages 991 – 61 63 1,115 Credit cards 703 – 92 15 810 Other Retail 867 – 32 46 945 Commercial Banking 1,090 340 – (280) 1,150 Other 1 – – – 1 Total 3,652 340 185 (156) 4,021 NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 12: Allowance for expected credit losses (continued) Application of judgement in adjustments to modelled ECL Impairment models fall within the Group’s model risk framework with model monitoring, periodic validation and back testing performed on model components, such as probability of default. Limitations in the Group’s impairment models or data inputs may be identified through the ongoing assessment and validation of the output of the models. In these circumstances, management applies appropriate judgemental adjustments to the ECL to ensure that the overall provision adequately reflects all material risks. These adjustments are determined by considering the particular attributes of exposures which have not been adequately captured by the impairment models and range from changes to model inputs and parameters, at account level, through to more qualitative post-model adjustments. During 2022 and 2023 the intensifying inflationary pressures, alongside rising interest rates created further risks not deemed to be fully captured by ECL models which required judgemental adjustments to be added. Through the first half of 2024 these risks have largely subsided with inflation back at two per cent and the UK Bank rate now believed to have peaked. The portfolio has proven resilient to higher rates and inflation. As a result, the judgements held in respect of inflationary and interest rate risks are significantly reduced to £ 35 million (31 December 2023 : £185 million ). Other judgements continue to be applied for broader data and model limitations, both increasing and decreasing ECL. Judgemental adjustments due to inflationary and interest rate risk UK mortgages: £ 23 million (31 December 2023: £ 61 million) The Group’s ECL models for UK mortgages use UK Bank Rate as a driver of predicted defaults and were largely believed to have captured the stretch on customers due to increased interest rates. However, the combination of inflationary pressures with sharp increases to interest rates over 2023 were believed to create further risk not potentially captured by ECL models. Modest increases in new to arrears and defaults emerged in 2023, mainly driven by variable rate customers, who experienced sudden material increases in their monthly payment. Given interest rates have stabilised, inflation has reduced and experience through the first half of 2024 has been benign, this risk has reduced. A lower judgemental uplift in ECL continues to be taken in segments of the mortgages portfolio, either where inflation is expected to present a more material risk, or where segments within the model do not recognise UK Bank Rate as a material driver of predicted defaults. Credit cards: £ 6 million (31 December 2023: £ 92 million) and Other Retail: £ 6 million (31 December 2023: £ 32 million) The Group’s ECL models for credit cards and personal loan portfolios use predictions of wage growth to account for future affordability stress. As elevated inflation eroded nominal wage growth, adjustments were introduced to the econometric models to account for real, rather than nominal, income to produce adjusted predicted defaults. This impact is heavily reduced at 30 June 2024 given the model has moved into a period of low inflation, which naturally reduces the scale of adjustments in the period. Alongside these portfolio-wide in-model adjustments management had previously made an additional uplift to ECL for customers with lower income levels and higher indebtedness. This specific post- model adjustment has been released in the first half of 2024 given the improved environment and no evidence of greater deterioration in performance of this segment. Other judgemental adjustments UK mortgages: £ 142 million (31 December 2023: £ 63 million) These adjustments principally comprise: Increase in time to repossession: £ 98 million (31 December 2023: £ 106 million) The UK mortgage portfolio currently contains a larger number of customers that have been in default for a longer period than would typically be expected following pauses in litigation activity both before and during COVID-19. There is a risk that the probability of possession (PPD), and therefore ECL on these accounts is understated given this component of the model may not reflect the full impact of customers remaining in default for an extended period. Adjustments for this risk have been in place for several years, although the approach has been refined in the first half of 2024. The updated approach continues to target accounts that have been in default for more than 24 months with an arrears balance increase in the last six months. These accounts now have their PPD increased to a level based on equivalent observed performance graduated by their time in default. The change in approach has resulted in a similar level of adjustment, but now provides a mechanism which will see the adjustment naturally release as this backlog reduces. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 12: Allowance for expected credit losses (continued) Adjustment for single point of loss model limitation: £ 46 million (31 December 2023: £ nil ) The current UK mortgages ECL model estimates customer level losses using a ‘single point of loss’ (SPOL) calculation, with predicted timings of defaults and subsequent repossession using average time periods. This simplification is continually assessed for any potential over or understatement of ECL compared to a more sophisticated ‘multiple points of loss’ (MPOL) modelling technique. To date, this has not shown any material difference for which an adjustment would be required. Management have been developing a new ECL model which will address this limitation, anticipated to be formally adopted later this year. However, the development activity is now suitably progressed to be leveraged in the ongoing assessment of the scale of the SPOL model simplification. This assessment indicated that the MES update in the second quarter of the year had increased the impact of the simplification up to a scale that required mitigation through a judgemental adjustment. This adjustment is expected to be released upon the final adoption of the new ECL model once it has completed appropriate internal model governance activities. Credit cards: £ 15 million (31 December 2023: £ 15 million) and Other Retail: £ 58 million (31 December 2023: £ 46 million) These adjustments principally comprise: Lifetime extension on revolving products: Credit cards: £ 60 million (31 December 2023: £ 67 million) and Other Retail: £ 10 million (31 December 2023: £ 10 million) An adjustment is required to extend the lifetime used for Stage 2 exposures on Retail revolving products from a three- year modelled lifetime, which reflected the outcome data available when the ECL models were developed, to a more representative lifetime. Incremental defaults beyond year three are calculated through the extrapolation of the default trajectory observed throughout the three years and beyond. The judgemental adjustment has reduced slightly for credit cards in the period following refinement to the discounting methodology applied. Adjustments to loss given defaults (LGDs): Credit cards: £ (50) million (31 December 2023: £ (50) million) and Other Retail: £ 18 million (31 December 2023: £ 37 million) A number of adjustments continue to be made to the loss given default assumptions used within unsecured and motor credit models. For unsecured portfolios, the adjustments reflect the impact of changes in collection debt sale strategy on the Group’s LGD models, incorporating up to date customer performance and forward flow debt sale pricing. For UK Motor Finance, the adjustment captures the latest outlook on used car prices. Commercial Banking: £ (308) million (31 December 2023: £ (280) million) These adjustments principally comprise: Commercial Real Estate (CRE) price reduction: £ 53 million (31 December 2023: £ 65 million) The material fall in CRE prices seen in late 2022 moved out of the model assumptions used to assess ECL in 2023. Given the model uses future changes in the metric as a driver of defaults and loss rates there is a continued risk that the model benefit that arises does not reflect the residual risk caused by the sustained low level of prices still apparent. Management therefore considers it appropriate to judgementally reinstate the CRE price drop within the ECL model assumptions given the materially reduced level in CRE prices could still trigger additional defaults. Within this adjustment management has refined the potential impact on loss rates through capturing updated valuations as well as stressing valuations on specific sectors where evidence suggests valuations may lag achievable levels, notably in cases of stressed sale. Corporate insolvency rates: £ (297) million (31 December 2023: £ (287) million) The volume of UK corporate insolvencies has continued to remain well above December 2019 levels, revealing a marked misalignment between observed UK corporate insolvencies and the Group’s credit performance which has been better than this. This dislocation gives rise to uncertainty over the drivers of observed trends and the appropriateness of the Group’s Commercial Banking model response which uses observed UK corporate insolvencies data to anchor future loss estimates to. Given the Group’s asset quality remains strong with low new defaults, a negative adjustment is applied by using the long-term average rate. The slightly greater negative adjustment in the period reflects the widening gap between the increasing industry level and the long-term average rate used. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 12: Allowance for expected credit losses (continued) Adjustments for loss given defaults (LGDs): £ (90) million (31 December 2023: £ (105) million) Following review and monitoring on the loss given default approach for commercial exposures, ECL requires an adjustment to mitigate limitations identified in the approach which are causing loss given defaults to be inflated. These include the benefit from amortisation of exposures relative to collateral values at default and a move to an exposure- weighted approach being adopted. These temporary adjustments will be addressed through future model development. Base case and MES economic assumptions The Group’s base case economic scenario as at 30 June 2024 has been updated to reflect ongoing geopolitical and economic developments, as the slow reduction of inflationary pressures brings into view a shift to less restrictive monetary policies globally. The Group’s updated base case scenario has three conditioning assumptions: first, the wars in Ukraine and the Middle East remain geographically contained; second, the UK’s post-election economic policies retain the framework of the inflation target and fiscal rules, while allowing for an increase in both current and capital public spending; and third, the outcome of the US election broadly maintains economic policy continuity, including an unchanged position for the Federal Reserve. Based on these assumptions and incorporating the economic data published in the second quarter of 2024, the Group’s base case scenario is for a gradual expansion of economic activity and a slight rise in the unemployment rate, alongside modest changes in residential and commercial property prices. Following a gradual reduction in inflationary pressures, UK Bank Rate is expected to be lowered twice during 2024. Risks around this base case economic view lie in both directions and are largely captured by the generation of alternative economic scenarios. The Group has taken into account the latest available information at the reporting date in defining its base case scenario and generating alternative economic scenarios. The scenarios include forecasts for key variables in the second quarter of 2024, for which actuals may have since emerged prior to publication. The Group’s base case economic scenario predated the results of the UK General Election and, as such, information that has become available since the election has not been included. The Group’s approach to generating alternative economic scenarios is set out in detail in note 19 in the Group's 2023 annual report on Form 20-F . The Group has taken into account the latest available information at the reporting date in defining its base case scenario and generating alternative economic scenarios. A small refinement was made to the Group’s approach during the first half of 2024, with alternative economic scenarios now dispersing from the base case after the balance sheet date. This is one quarter later than previously adopted reflecting the use of a base case that is now set closer to the reporting date than at the onset of IFRS 9. As a result, all scenarios include the same forecasted level for key variables in the second quarter of 2024, for which actuals may have since emerged prior to publication. For June 2024, the Group continues to judge it appropriate to include a non-modelled severe downside scenario for Group ECL calculations. The scenario is now generated as a simple average of a fully modelled severe scenario, better representing shocks to demand, and a scenario with higher paths for UK Bank Rate and CPI inflation, as a representation of shocks to supply. The combined ‘adjusted’ scenario used in ECL modelling is considered to better reflect the risks around the Group’s base case view in an economic environment where demand and supply shocks are more balanced. Scenarios by year The key UK economic assumptions made by the Group are shown in the following tables across a number of measures explained below. Annual assumptions Gross domestic product (GDP) growth and Consumer Price Index (CPI) inflation are presented as an annual change, house price growth and commercial real estate price growth are presented as the growth in the respective indices over each year. Unemployment rate and UK Bank Rate are averages over the year. Five-year average The five-year average reflects the average annual growth rate, or level, over the five-year period. It includes movements within the current reporting year, such that the position as of 30 June 2024 covers the five years 2024 to 2028. The inclusion of the reporting year within the five-year period reflects the need to predict variables which remain unpublished at the reporting date and recognises that credit models utilise both level and annual changes. The use of calendar years maintains a comparability between the annual assumptions presented. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 12: Allowance for expected credit losses (continued) At 30 June 2024 2024 % 2025 % 2026 % 2027 % 2028 % 2024 to 2028 average % Upside Gross domestic product growth 1.1 2.3 1.7 1.5 1.4 1.6 Unemployment rate 4.1 3.2 3.0 2.9 2.9 3.2 House price growth 2.2 5.0 7.3 6.0 5.2 5.1 Commercial real estate price growth 2.2 8.7 2.4 2.8 1.2 3.4 UK Bank Rate 5.17 5.30 5.17 5.33 5.55 5.31 CPI inflation 2.5 2.5 2.4 2.7 2.9 2.6 Base case Gross domestic product growth 0.8 1.2 1.6 1.6 1.6 1.3 Unemployment rate 4.5 4.8 4.8 4.6 4.6 4.7 House price growth 1.2 1.4 1.0 1.4 2.4 1.5 Commercial real estate price growth (1.6) 1.2 0.0 1.9 1.0 0.5 UK Bank Rate 5.06 4.19 3.63 3.50 3.50 3.98 CPI inflation 2.5 2.5 2.1 2.1 2.2 2.3 Downside Gross domestic product growth 0.6 (0.5) 0.8 1.5 1.6 0.8 Unemployment rate 4.9 6.9 7.5 7.4 7.2 6.7 House price growth 0.6 (1.8) (6.5) (5.4) (2.3) (3.1) Commercial real estate price growth (4.7) (6.7) (4.1) (0.8) (1.3) (3.5) UK Bank Rate 4.97 2.77 1.38 0.89 0.63 2.13 CPI inflation 2.5 2.4 1.8 1.4 1.2 1.9 Severe downside Gross domestic product growth 0.1 (2.2) 0.4 1.2 1.5 0.2 Unemployment rate 5.5 9.4 10.2 10.1 9.8 9.0 House price growth (0.7) (4.8) (13.9) (11.8) (7.6) (7.9) Commercial real estate price growth (9.1) (15.1) (8.6) (5.3) (4.7) (8.6) UK Bank Rate – modelled 4.81 1.12 0.16 0.05 0.02 1.23 UK Bank Rate – adjusted 1 5.09 3.22 2.33 2.02 1.79 2.89 CPI inflation – modelled 2.6 2.4 1.3 0.5 0.1 1.4 CPI inflation – adjusted 1 2.9 3.2 1.6 0.9 1.0 1.9 Probability-weighted Gross domestic product growth 0.8 0.7 1.3 1.5 1.5 1.2 Unemployment rate 4.6 5.4 5.6 5.5 5.4 5.3 House price growth 1.1 0.9 (0.9) (0.6) 0.8 0.3 Commercial real estate price growth (2.1) (0.5) (1.3) 0.6 (0.2) (0.7) UK Bank Rate – modelled 5.04 3.79 3.07 2.92 2.90 3.55 UK Bank Rate – adjusted 1 5.07 4.00 3.29 3.12 3.08 3.71 CPI inflation – modelled 2.5 2.5 2.1 1.9 1.9 2.2 CPI inflation – adjusted 1 2.6 2.6 2.1 1.9 2.0 2.2 1 The adjustment to UK Bank Rate and CPI inflation in the severe downside is considered to better reflect the risks to the Group’s base case view in an economic environment where the risks of supply and demand shocks are seen as more balanced. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 12: Allowance for expected credit losses (continued) At 31 December 2023 2023 % 2024 % 2025 % 2026 % 2027 % 2023 to 2027 average % Upside Gross domestic product growth 0.3 1.5 1.7 1.7 1.9 1.4 Unemployment rate 4.0 3.3 3.1 3.1 3.1 3.3 House price growth 1.9 0.8 6.9 7.2 6.8 4.7 Commercial real estate price growth (3.9) 9.0 3.8 1.3 1.3 2.2 UK Bank Rate 4.94 5.72 5.61 5.38 5.18 5.37 CPI inflation 7.3 2.7 3.1 3.2 3.1 3.9 Base case Gross domestic product growth 0.3 0.5 1.2 1.7 1.9 1.1 Unemployment rate 4.2 4.9 5.2 5.2 5.0 4.9 House price growth 1.4 (2.2) 0.5 1.6 3.5 1.0 Commercial real estate price growth (5.1) (0.2) 0.1 0.0 0.8 (0.9) UK Bank Rate 4.94 4.88 4.00 3.50 3.06 4.08 CPI inflation 7.3 2.7 2.9 2.5 2.2 3.5 Downside Gross domestic product growth 0.2 (1.0) (0.1) 1.5 2.0 0.5 Unemployment rate 4.3 6.5 7.8 7.9 7.6 6.8 House price growth 1.3 (4.5) (6.0) (5.6) (1.7) (3.4) Commercial real estate price growth (6.0) (8.7) (4.0) (2.1) (1.2) (4.4) UK Bank Rate 4.94 3.95 1.96 1.13 0.55 2.51 CPI inflation 7.3 2.8 2.7 1.8 1.1 3.2 Severe downside Gross domestic product growth 0.1 (2.3) (0.5) 1.3 1.8 0.1 Unemployment rate 4.5 8.7 10.4 10.5 10.1 8.8 House price growth 0.6 (7.6) (13.3) (12.7) (7.5) (8.2) Commercial real estate price growth (7.7) (19.5) (10.6) (7.7) (5.2) (10.3) UK Bank Rate – modelled 4.94 2.75 0.49 0.13 0.03 1.67 UK Bank Rate – adjusted 1 4.94 6.56 4.56 3.63 3.13 4.56 CPI inflation – modelled 7.3 2.7 2.2 0.9 (0.2) 2.6 CPI inflation – adjusted 1 7.6 7.5 3.5 1.3 1.0 4.2 Probability-weighted Gross domestic product growth 0.3 0.1 0.8 1.6 1.9 0.9 Unemployment rate 4.2 5.3 5.9 5.9 5.7 5.4 House price growth 1.4 (2.5) (0.9) (0.3) 1.8 (0.1) Commercial real estate price growth (5.3) (1.9) (1.1) (1.0) (0.2) (1.9) UK Bank Rate – modelled 4.94 4.64 3.52 3.02 2.64 3.75 UK Bank Rate – adjusted 1 4.94 5.02 3.93 3.37 2.95 4.04 CPI inflation – modelled 7.3 2.7 2.8 2.3 1.9 3.4 CPI inflation – adjusted 1 7.4 3.2 3.0 2.4 2.0 3.6 1 The adjustment to UK Bank Rate and CPI inflation in the severe downside was considered to better reflect the risks to the Group’s base case view in an economic environment where supply shocks were the principal concern. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 12: Allowance for expected credit losses (continued) Base case scenario by quarter Gross domestic product growth is presented quarter-on-quarter. House price growth, commercial real estate price growth and CPI inflation are presented year-on-year, i.e. from the equivalent quarter in the previous year. Unemployment rate and UK Bank Rate are presented as at the end of each quarter. At 30 June 2024 First quarter 2024 % Second quarter 2024 % Third quarter 2024 % Fourth quarter 2024 % First quarter 2025 % Second quarter 2025 % Third quarter 2025 % Fourth quarter 2025 % Gross domestic product growth 0.6 0.4 0.3 0.2 0.3 0.3 0.4 0.4 Unemployment rate 4.3 4.5 4.6 4.7 4.8 4.9 4.9 4.8 House price growth 0.4 1.0 3.8 1.2 0.9 1.3 1.3 1.4 Commercial real estate price growth (5.3) (5.3) (3.5) (1.6) (0.9) 0.2 (0.2) 1.2 UK Bank Rate 5.25 5.25 5.00 4.75 4.50 4.25 4.00 4.00 CPI inflation 3.5 2.1 2.0 2.5 2.2 2.7 2.6 2.4 At 31 December 2023 First quarter 2023 % Second quarter 2023 % Third quarter 2023 % Fourth quarter 2023 % First quarter 2024 % Second quarter 2024 % Third quarter 2024 % Fourth quarter 2024 % Gross domestic product growth 0.3 0.0 (0.1) 0.0 0.1 0.2 0.3 0.3 Unemployment rate 3.9 4.2 4.2 4.3 4.5 4.8 5.0 5.2 House price growth 1.6 (2.6) (4.5) 1.4 (1.1) (1.5) 0.5 (2.2) Commercial real estate price growth (18.8) (21.2) (18.2) (5.1) (4.1) (3.8) (2.2) (0.2) UK Bank Rate 4.25 5.00 5.25 5.25 5.25 5.00 4.75 4.50 CPI inflation 10.2 8.4 6.7 4.0 3.8 2.1 2.3 2.8 NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 12: Allowance for expected credit losses (continued) ECL sensitivity to economic assumptions The table below shows the Group’s ECL for the probability-weighted, upside, base case, downside and severe downside scenarios, with the severe downside scenario incorporating adjustments made to CPI inflation and UK Bank Rate paths. The stage allocation for an asset is based on the overall scenario probability-weighted PD and hence the staging of assets is constant across all the scenarios. In each economic scenario the ECL for individual assessments is held constant reflecting the basis on which they are evaluated. Judgemental adjustments applied through changes to model inputs or parameters, or more qualitative post model adjustments, are apportioned across the scenarios in proportion to modelled ECL where this better reflects the sensitivity of these adjustments to each scenario. The probability-weighted view shows the extent to which a higher ECL allowance has been recognised to take account of multiple economic scenarios relative to the base case; the uplift being £464 million for 30 June 2024 and £673 million at 31 December 2023 . At 30 June 2024 Probability- weighted £m Upside £m Base case £m Downside £m Severe downside £m UK mortgages 971 387 658 1,190 3,004 Credit cards 700 583 676 772 903 Other Retail 942 855 915 990 1,139 Commercial Banking 982 735 882 1,122 1,606 Other 1 2 1 1 1 ECL allowance 3,596 2,562 3,132 4,075 6,653 At 31 December 2023 UK mortgages 1,115 395 670 1,155 4,485 Credit cards 810 600 771 918 1,235 Other Retail 945 850 920 981 1,200 Commercial Banking 1,150 780 986 1,342 2,179 Other 1 1 1 1 1 ECL allowance 4,021 2,626 3,348 4,397 9,100 The sensitivity of ECL to isolated changes in the UK unemployment rate and House Price Index (HPI) has been assessed on a univariate basis. Although such changes would not be observed in isolation, as economic indicators tend to be correlated in a coherent scenario, this gives insight into the sensitivity of the Group’s ECL to gradual changes in these two critical economic factors. The assessment has been made against the base case with staging held flat to the reported probability-weighted view and is assessed through the direct impact on modelled ECL and therefore only includes judgemental adjustments applied within the model. The table below shows the impact on the Group’s ECL resulting from a 1 percentage point (pp) increase or decrease in the UK unemployment rate. The increase or decrease is presented based on the adjustment phased evenly over the first 10 quarters of the base case scenario. A more immediate increase or decrease would drive a more material ECL impact as it would be fully reflected in both 12-month and lifetime probability of defaults. At 30 June 2024 At 31 December 2023 1pp increase in unemployment £m 1pp decrease in unemployment £m 1pp increase in unemployment £m 1pp decrease in unemployment £m UK mortgages 22 (17) 33 (32) Credit cards 34 (34) 38 (38) Other Retail 16 (16) 19 (19) Commercial Banking 71 (66) 87 (81) ECL impact 143 (133) 177 (170) NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 12: Allowance for expected credit losses (continued) The table below shows the impact on the Group’s ECL in respect of UK mortgages resulting from an increase or decrease in loss given default for a 10 percentage point (pp) increase or decrease in the UK HPI. The increase or decrease is presented based on the adjustment phased evenly over the first 10 quarters of the base case scenario. At 30 June 2024 At 31 December 2023 10pp increase in HPI £m 10pp decrease in HPI £m 10pp increase in HPI £m 10pp decrease in HPI £m ECL impact (164) 245 (201) 305

Debt securities in issue

Debt securities in issue	6 Months Ended
	Jun. 30, 2024
Debt Securities In Issue [Abstract]
Debt securities in issue	Note 13: Debt securities in issue At 30 June 2024 At 31 December 2023 At fair value through profit or loss £m At amortised cost £m Total £m At fair value through profit or loss £m At amortised cost £m Total £m Senior unsecured notes issued 4,886 23,685 28,571 5,232 22,642 27,874 Covered bonds – 11,849 11,849 – 14,318 14,318 Commercial paper – 6,908 6,908 – 8,182 8,182 Securitisation notes 23 4,965 4,988 23 4,211 4,234 Certificates of deposit issued – 1,318 1,318 – 3,096 3,096 4,909 48,725 53,634 5,255 52,449 57,704 Covered bonds and securitisation programmes At 30 June 2024 , the bonds held by external parties and those held internally, were secured on certain loans and advances to customers amounting to £ 28,529 million ( 31 December 2023 : £27,019 million ) which have been assigned to bankruptcy remote limited liability partnerships to provide security for issues of covered bonds by the Group. The Group retains all of the risks and rewards associated with these loans and the partnerships are consolidated fully with the loans retained on the Group’s balance sheet and the related covered bonds in issue included within debt securities in issue at amortised cost. At 30 June 2024 , the Group’s securitisation notes in issue held by external parties includes £ 23 million at fair value through profit or loss ( 31 December 2023 : £ 23 million). Those notes held internally, are secured on loans and advances to customers amounting to £ 27,945 million ( 31 December 2023 : £30,190 million ), the majority of which have been sold by subsidiary companies to bankruptcy remote structured entities. As the structured entities are funded by the issue of debt on terms whereby the majority of the risks and rewards of the portfolio are retained by the subsidiary, the structured entities are consolidated fully and all of these loans are retained on the Group’s balance sheet, with the related notes in issue included within debt securities in issue at amortised cost. Cash deposits of £ 3,955 million (31 December 2023 : £3,678 million ) which support the debt securities issued by the structured entities, the term advances related to covered bonds and other legal obligations, are held by the Group.

Provisions

Provisions	6 Months Ended
	Jun. 30, 2024
Disclosure of other provisions [abstract]
Provisions	Note 14: Provisions Provisions for financial commitments and guarantees 1 £m Regulatory and legal provisions £m Other £m Total £m At 1 January 2024 314 1,014 588 1,916 Exchange and other adjustments (1) – (2) (3) Provisions applied – (206) (254) (460) (Credit) charge for the period (40) 90 150 200 At 30 June 2024 273 898 482 1,653 1 In respect of loans and advances to customers. Regulatory and legal provisions In the course of its business, the Group is engaged on a regular basis in discussions with UK and overseas regulators and other governmental authorities on a range of matters, including legal and regulatory reviews and, from time to time, enforcement investigations (including in relation to compliance with applicable laws and regulations, such as those relating to prudential regulation, consumer protection, investment advice, business conduct, systems and controls, environmental, competition/anti-trust, tax, anti-bribery, anti-money laundering and sanctions). Any matters discussed or identified during such discussions and inquiries may result in, among other things, further inquiry or investigation, other action being taken by governmental and/or regulatory authorities, increased costs being incurred by the Group, remediation of systems and controls, public or private censure, restriction of the Group’s business activities and/or fines. The Group also receives complaints in connection with its past conduct and claims brought by or on behalf of current and former employees, customers (including their appointed representatives), investors and other third parties and is subject to legal proceedings and other legal actions from time to time. Any events or circumstances disclosed could have a material adverse effect on the Group’s financial position, operations or cash flows. Provisions are held where the Group can reliably estimate a probable outflow of economic resources. The ultimate liability of the Group may be significantly more, or less, than the amount of any provision recognised. If the Group is unable to determine a reliable estimate, a contingent liability is disclosed. The recognition of a provision does not amount to an admission of liability or wrongdoing on the part of the Group. During the half-year to 30 June 2024 the Group charged a further £90 million in respect of legal actions and other regulatory matters and the unutilised balance at 30 June 2024 was £ 898 million (31 December 2023 : £1,014 million ). The most significant items are outlined below. Motor commission review The Group recognised a £ 450 million provision in the fourth quarter of 2023 for the potential impact of the FCA review into historical motor finance commission arrangements and sales announced in January 2024. As disclosed in previous periods, the Group continues to receive a number of court claims and complaints in respect of motor finance commissions and is actively engaging with the FOS in its assessment of these complaints. On 10 January 2024, the FOS issued its Final Decision on a complaint relating to the Group, as well as decisions relating to other industry participants. On 11 January 2024, the FCA announced a section 166 review of historical motor finance commission arrangements and sales and plans to communicate a decision on next steps in the third quarter of 2024 on the basis of the evidence collated in the review. The FCA has indicated that such steps could include establishing an industry-wide consumer redress scheme and/or applying to the Financial Markets Test Case Scheme, to help resolve any contested legal issues of general importance. Following the FCA Motor Market Review in March 2019, the FCA issued a policy statement in July 2020 prohibiting the use of discretionary commission models from 28 January 2021, which the Group adhered to. The Group continues to believe that its historical practices were compliant with the law and regulations in place at that time. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 14: Provisions (continued) As noted above, in response to both the FOS decisions and the FCA announcement the Group recognised a charge of £ 450 million in the fourth quarter of 2023. This includes estimates for operational and legal costs, including litigation costs, together with estimates for potential awards, based on various scenarios using a range of assumptions, including for example, commission models, commission rates, applicable time periods (between 2007 and 2021), response rates and uphold rates. Costs and awards could arise in the event that the FCA concludes there has been misconduct and customer loss that requires remediation, or from adverse litigation decisions. However, while the FCA review is progressing there is significant uncertainty as to the extent of misconduct and customer loss, if any, the nature and extent of any remediation action, if required, and its timing. The ultimate financial impact could therefore materially differ from the amount provided, both higher or lower. The Group welcomes the FCA intervention through an independent section 166 review and is engaging with the FCA as part of the review. HBOS Reading – review The Group continues to apply the recommendations from Sir Ross Cranston’s review, issued in December 2019, including a reassessment of direct and consequential losses by an independent panel (the Foskett Panel), an extension of debt relief and a wider definition of de facto directors. The Foskett Panel’s full scope and methodology was published on 7 July 2020. The Foskett Panel’s stated objective is to consider cases via a non-legalistic and fair process and to make its decisions in a generous, fair and common sense manner, assessing claims against an expanded definition of the fraud and on a lower evidential basis. In June 2022, the Foskett Panel announced an alternative option, in the form of a fixed sum award which could be accepted as an alternative to participation in the full re-review process, to support earlier resolution of claims for those deemed by the Foskett Panel to be victims of the fraud. Over 95 per cent of the population have now had decisions via this new process. The provision is unchanged in the first half of 2024. Notwithstanding the settled claims and the increase in outcomes which builds confidence in the full estimated cost, uncertainties remain and the final outcome could be different from the current provision once the re-review is concluded by the Foskett Panel. There is no confirmed timeline for the completion of the Foskett Panel re-review process nor the review by Dame Linda Dobbs. The Group is committed to implementing Sir Ross Cranston’s recommendations in full. Payment protection insurance (PPI) The Group has incurred costs for PPI over a number of years totalling £21,906 million . The Group continues to challenge PPI litigation cases, with mainly legal fees and operational costs associated with litigation activity recognised within regulatory and legal provisions. Other The Group carries provisions of £ 144 million (31 December 2023 : £137 million ) in respect of dilapidations, rent reviews and other property-related matters. Provisions are also made for staff and other costs related to Group restructuring initiatives at the point at which the Group becomes committed to the expenditure; at 30 June 2024 provisions of £ 198 million (31 December 2023 : £240 million ) were held. The Group carries provisions of £ 33 million (31 December 2023 : £46 million ) for indemnities and other matters relating to legacy business disposals in prior years. Whilst there remains significant uncertainty as to the timing of the utilisation of the provisions, the Group expects the majority of the remaining provisions to have been utilised by 31 December 2028.

Dividends on ordinary shares

Dividends on ordinary shares	6 Months Ended
	Jun. 30, 2024
Disclosure Of Dividends [Abstract]
Dividends on ordinary shares	The Bank paid dividends of £ 490 million on 25 March 2024 and £ 1,650 million on 16 May 2024 ( £ 1,900 million was paid during the half-year to 30 June 2023).

Related party transactions

Related party transactions	6 Months Ended
	Jun. 30, 2024
Related party transactions [abstract]
Related party transactions	Note 16: Related party transactions Balances and transactions with fellow Lloyds Banking Group undertakings The Bank and its subsidiaries have balances due to and from the Bank’s parent company, Lloyds Banking Group plc, and fellow Group undertakings. These are included on the balance sheet as follows: At 30 Jun 2024 £m At 31 Dec 2023 £m Assets, included within: Financial assets at fair value through profit or loss – 1 Derivative financial instruments 1,149 1,137 Financial assets at amortised cost: due from fellow Lloyds Banking Group undertakings 789 840 Liabilities, included within: Due to fellow Lloyds Banking Group undertakings 5,168 2,932 Derivative financial instruments 892 953 Debt securities in issue at amortised cost 19,922 18,131 Subordinated liabilities 6,926 6,919 During the half-year to 30 June 2024 the Group earned £ 7 million (half-year to 30 June 2023 : £7 million ) of interest income and incurred £ 684 million (half-year to 30 June 2023 : £475 million ) of interest expense and recognised net fee and commission expense of £ 367 million (half year to 30 June 2023 : £ 46 million) on balances and transactions with Lloyds Banking Group plc and fellow Group undertakings. The increase in net fee and commission expense is primarily due to the impact of changes to commission arrangements with Scottish Widows. Other related party transactions Other related party transactions for the half-year to 30 June 2024 are similar in nature to those for the year ended 31 December 2023 .

Contingent liabilities, commitm

Contingent liabilities, commitments and guarantees	6 Months Ended
	Jun. 30, 2024
Contingent Liabilities, Commitments And Guarantees [Abstract]
Contingent liabilities, commitments and guarantees	Note 17: Contingent liabilities, commitments and guarantees Contingent liabilities, commitments and guarantees arising from the banking business At 30 June 2024 contingent liabilities, such as performance bonds and letters of credit, arising from the banking business were £ 2,606 million (31 December 2023 : £2,755 million ). The contingent liabilities of the Group arise in the normal course of its banking business and it is not practicable to quantify their future financial effect. Total commitments and guarantees were £ 130,744 million (31 December 2023 : £122,733 million ) , of which in respect of undrawn formal standby facilities, credit lines and other commitments to lend, £ 60,638 million (31 December 2023 : £53,722 million ) was irrevocable. Interchange fees With respect to multi-lateral interchange fees (MIFs), the Lloyds Banking Group is not a party in the ongoing or threatened litigation which involves the card schemes Visa and Mastercard (as described below). However, the Group is a member/licensee of Visa and Mastercard and other card schemes. The litigation in question is as follows: • Litigation brought by or on behalf of retailers against both Visa and Mastercard in the English Courts, in which retailers are seeking damages on grounds that Visa and Mastercard’s MIFs breached competition law (this includes a judgment of the Supreme Court in June 2020 upholding the Court of Appeal’s finding in 2018 that certain historic interchange arrangements of Mastercard and Visa infringed competition law) • Litigation brought on behalf of UK consumers in the English Courts against Mastercard NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 17: Contingent liabilities, commitments and guarantees (continued) Any impact on the Group of the litigation against Visa and Mastercard remains uncertain at this time, such that it is not practicable for the Group to provide an estimate of any potential financial effect. Insofar as Visa is required to pay damages to retailers for interchange fees set prior to June 2016, contractual arrangements to allocate liability have been agreed between various UK banks (including the Lloyds Banking Group) and Visa Inc, as part of Visa Inc’s acquisition of Visa Europe in 2016. These arrangements cap the maximum amount of liability to which the Lloyds Banking Group may be subject and this cap is set at the cash consideration received by the Lloyds Banking Group for the sale of its stake in Visa Europe to Visa Inc in 2016. In 2016, the Lloyds Banking Group received Visa preference shares as part of the consideration for the sale of its shares in Visa Europe. A release assessment is carried out by Visa on certain anniversaries of the sale (in line with the Visa Europe sale documentation) and as a result, some Visa preference shares may be converted into Visa Inc Class A common stock from time to time. Any such release and any subsequent sale of Visa common stock does not impact the contingent liability. LIBOR and other trading rates Certain Lloyds Banking Group companies, together with other panel banks, have been named as defendants in ongoing private lawsuits, including purported class action suits, in the US in connection with their roles as panel banks contributing to the setting of US Dollar, Japanese Yen and Sterling London Interbank Offered Rate. Certain Lloyds Banking Group companies are also named as defendants in (i) UK-based claims, and (ii) two Dutch class actions, raising LIBOR manipulation allegations. A number of claims against the Lloyds Banking Group in the UK relating to the alleged mis-sale of interest rate hedging products also include allegations of LIBOR manipulation. It is currently not possible to predict the scope and ultimate outcome on the Lloyds Banking Group of any private lawsuits or ongoing related challenges to the interpretation or validity of any of the Lloyds Banking Group’s contractual arrangements, including their timing and scale. As such, it is not practicable to provide an estimate of any potential financial effect. Tax authorities The Group has an open matter in relation to a claim for group relief of losses incurred in its former Irish banking subsidiary, which ceased trading on 31 December 2010. In 2013, HMRC informed the Group that its interpretation of the UK rules means that the group relief is not available. In 2020, HMRC concluded its enquiry into the matter and issued a closure notice. The Group’s interpretation of the UK rules has not changed and hence it appealed to the First Tier Tax Tribunal, with a hearing having taken place in May 2023. If the final determination of the matter by the judicial process is that HMRC’s position is correct, management believes that this would result in an increase in current tax liabilities of approximately £ 830 million (including interest) and a reduction in the Group’s deferred tax asset of approximately £ 275 million. The Group, following conclusion of the hearing and having taken appropriate advice, does not consider that this is a case where additional tax will ultimately fall due. There are a number of other open matters on which the Group is in discussions with HMRC (including the tax treatment of certain costs arising from the divestment of TSB Banking Group plc) , none of which is expected to have a material impact on the financial position of the Group. FCA investigation into the Group’s anti-money laundering control framework As previously disclosed, the FCA has opened an investigation into the Group’s compliance with domestic UK money laundering regulations and the FCA’s rules and Principles for Businesses, with a focus on aspects of its anti-money laundering control framework. The Group continues to co-operate with the investigation. It is not currently possible to estimate the potential financial impact to the Group. Arena litigation claims The Group is facing claims alleging breach of duty and/or mandate in the context of an underlying external fraud matter involving Arena Television. The Group intends to contest the claims. It is not possible to estimate with certainty the potential financial impact (if any) to the Group. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 17: Contingent liabilities, commitments and guarantees (continued) Other legal actions and regulatory matters In addition, in the course of its business the Group is subject to other complaints and threatened or actual legal proceedings (including class or group action claims) brought by or on behalf of current or former employees, customers (including their appointed representatives), investors or other third parties, as well as legal and regulatory reviews, enquiries and examinations, requests for information, audits, challenges, investigations and enforcement actions, which could relate to a number of issues. This includes matters in relation to compliance with applicable laws and regulations, such as those relating to prudential regulation, consumer protection, investment advice, business conduct, systems and controls, environmental, competition/anti-trust, tax, anti-bribery, anti-money laundering and sanctions, some of which may be beyond the Group’s control, both in the UK and overseas. Where material, such matters are periodically reassessed, with the assistance of external professional advisers where appropriate, to determine the likelihood of the Group incurring a liability. The Group does not currently expect the final outcome of any such case to have a material adverse effect on its financial position, operations or cash flows. Where there is a contingent liability related to an existing provision the relevant disclosures are included within note 14 .

Basis of preparation and acco_2

Basis of preparation and accounting policies (Policies)	6 Months Ended
	Jun. 30, 2024
Disclosure Of Basis Of Preparation And Significant Accounting Policies [Abstract]
Changes in accounting policy and future accounting developments	The IASB has issued a number of minor amendments to IFRSs that are relevant to the Group effective 1 January 2024, including IFRS 16 Lease Liability in a Sale and Leaseback , IAS 1 Non-current Liabilities with Covenants , and IAS 1 Classification of Liabilities as Current or Non-current . These amendments have not had a significant impact on the Group. Future accounting developments The IASB has issued Amendments to the Classification and Measurement of Financial Instruments (IFRS 9 and IFRS 7) which is effective 1 January 2026 and IFRS 19 Subsidiaries without Public Accountability: Disclosures which is effective 1 January 2027. Neither the amendments nor IFRS 19 are expected to have a significant impact on the Group. The IASB has also issued IFRS 18 Primary Financial Statements which is effective 1 January 2027. The standard includes no measurement changes, and the Group is currently assessing the impact of this standard on its income statement presentation.

Segmental analysis (Tables)

Segmental analysis (Tables)	6 Months Ended
	Jun. 30, 2024
Disclosure of operating segments [abstract]
Schedule of operating segments	Half-year to 30 June 2024 Retail £m Commercial Banking £m Other £m Total £m Net interest income 4,429 1,636 157 6,222 Other income 837 521 796 2,154 Total income 5,266 2,157 953 8,376 Operating expenses (3,563) (1,149) (724) (5,436) Impairment (charge) credit (195) 69 4 (122) Profit before tax 1,508 1,077 233 2,818 External income (expense) 6,254 2,829 (707) 8,376 Inter-segment (expense) income (988) (672) 1,660 – Segment income 5,266 2,157 953 8,376 Half-year to 30 June 2023 Retail £m Commercial Banking £m Other £m Total £m Net interest income 5,063 1,881 65 7,009 Other income 1,005 513 513 2,031 Total income 6,068 2,394 578 9,040 Operating expenses (3,009) (1,063) (757) (4,829) Impairment (charge) credit (592) (90) 1 (681) Profit (loss) before tax 2,467 1,241 (178) 3,530 External income (expense) 6,427 2,904 (291) 9,040 Inter-segment (expense) income (359) (510) 869 – Segment income 6,068 2,394 578 9,040 NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 3: Segmental analysis (continued) Segment external assets Segment external liabilities At 30 Jun 2024 £m At 31 Dec 2023 £m At 30 Jun 2024 £m At 31 Dec 2023 £m Retail 380,653 376,589 319,063 313,232 Commercial Banking 86,004 90,301 136,393 138,835 Other 141,705 138,515 113,267 112,907 Total Group 608,362 605,405 568,723 564,974

Net fee and commission income (

Net fee and commission income (Tables)	6 Months Ended
	Jun. 30, 2024
Net Fee And Commission Income [Abstract]
Schedule of fee and commission income	Half-year to 30 Jun 2024 £m Half-year to 30 Jun 2023 £m Fee and commission income: Current accounts 312 308 Credit and debit card fees 629 614 Commercial banking and treasury fees 92 93 Factoring 35 39 Other fees and commissions 118 142 Total fee and commission income 1,186 1,196 Fee and commission expense (883) (550) Net fee and commission income 303 646

Operating expenses (Tables)

Operating expenses (Tables)	6 Months Ended
	Jun. 30, 2024
Disclosure of Expenses [Abstract]
Schedule of operating expenses	Half-year to 30 Jun 2024 £m Half-year to 30 Jun 2023 £m Staff costs 2,287 1,934 Premises and equipment costs 182 167 Depreciation and amortisation 1,659 1,310 Other 1,308 1,418 Total operating expenses 5,436 4,829

Retirement benefit obligations

Retirement benefit obligations (Tables)	6 Months Ended
	Jun. 30, 2024
Disclosure of defined benefit plans [abstract]
Schedule of Group's post-retirement defined benefit scheme obligations	The Group’s post-retirement defined benefit scheme obligations are comprised as follows: At 30 Jun 2024 £m At 31 Dec 2023 £m Defined benefit pension schemes: Present value of funded obligations (28,633) (30,201) Fair value of scheme assets 31,924 33,733 Net pension scheme asset 3,291 3,532 Other post-retirement schemes (42) (44) Total amounts recognised in the balance sheet 3,249 3,488 Recognised on the balance sheet as: Retirement benefit assets 3,379 3,624 Retirement benefit obligations (130) (136) Total amounts recognised in the balance sheet 3,249 3,488
Schedule of movement in the Group's net post-retirement defined benefit scheme asset during the period	Movements in the Group’s net post-retirement defined benefit scheme asset during the period were as follows: £m Asset at 1 January 2024 3,488 Income statement credit 21 Employer contributions 91 Remeasurement (351) Asset at 30 June 2024 3,249
Schedule of principal assumptions used in the valuations of the defined benefit pension schemes	The principal assumptions used in the valuations of the defined benefit pension schemes were as follows: At 30 Jun 2024 % At 31 Dec 2023 % Discount rate 5.18 4.70 Rate of inflation: Retail Price Index (RPI) 3.08 2.96 Consumer Price Index (CPI) 2.67 2.47 Rate of salary increases 0.00 0.00 Weighted-average rate of increase for pensions in payment 2.90 2.73

Impairment (Tables)

Impairment (Tables)	6 Months Ended
	Jun. 30, 2024
Disclosure of impairment loss and reversal of impairment loss [abstract]
Schedule of Impairment	Half-year to 30 Jun 2024 £m Half-year to 30 Jun 2023 £m Loans and advances to banks (4) (2) Loans and advances to customers 169 678 Debt securities (1) (1) Financial assets held at amortised cost 164 675 Financial assets at fair value through other comprehensive income (2) (1) Loan commitments and financial guarantees (40) 7 Total impairment 122 681

Tax (Tables)

Tax (Tables)	6 Months Ended
	Jun. 30, 2024
Income taxes paid (refund) [abstract]
Schedule of relationship between tax expense and accounting profit	An explanation of the relationship between tax expense and accounting profit is set out below: Half-year to 30 Jun 2024 £m Half-year to 30 Jun 2023 £m Profit before tax 2,818 3,530 UK corporation tax thereon at 25.0 per cent ( 2023 : 23.5 per cent) (704) (830) Impact of surcharge on banking profits (78) (130) Non-deductible costs: conduct charges 4 (2) Other non-deductible costs (98) (40) Non-taxable income 33 1 Tax relief on coupons on other equity instruments 42 38 Tax-exempt gains/(losses) on disposals – 22 Remeasurement of deferred tax due to rate changes 3 (1) Differences in overseas tax rates (3) (1) Adjustments in respect of prior years (10) 3 Tax expense (811) (940)

Fair values of financial asse_2

Fair values of financial assets and liabilities (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Values Of Financial Assets And Liabilities [Abstract]
Schedule of financial assets carried at fair value by valuation hierarchy	The following tables provide an analysis of the financial assets and liabilities of the Group that are carried at fair value in the Group’s consolidated balance sheet, grouped into levels 1 to 3 based on the degree to which the fair value is observable. There were no significant transfers between level 1 and level 2 during the period. Financial assets Level 1 £m Level 2 £m Level 3 £m Total £m At 30 June 2024 Financial assets at fair value through profit or loss: Loans and advances to customers – 1,784 282 2,066 Equity shares 195 – 4 199 Total financial assets at fair value through profit or loss 195 1,784 286 2,265 Financial assets at fair value through other comprehensive income: Debt securities 14,038 13,432 51 27,521 Equity shares – – – – Total financial assets at fair value through other comprehensive income 14,038 13,432 51 27,521 Derivative financial instruments – 2,688 – 2,688 Total financial assets carried at fair value 14,233 17,904 337 32,474 At 31 December 2023 Financial assets at fair value through profit or loss: Loans and advances to customers – 1,391 266 1,657 Equity shares 201 – 4 205 Total financial assets at fair value through profit or loss 201 1,391 270 1,862 Financial assets at fair value through other comprehensive income: Debt securities 15,025 12,259 52 27,336 Equity shares – – 1 1 Total financial assets at fair value through other comprehensive income 15,025 12,259 53 27,337 Derivative financial instruments – 3,165 – 3,165 Total financial assets carried at fair value 15,226 16,815 323 32,364 NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 9: Fair values of financial assets and liabilities (continued)
Schedule of financial liabilities carried at fair value by valuation hierarchy	Financial liabilities Level 1 £m Level 2 £m Level 3 £m Total £m At 30 June 2024 Financial liabilities at fair value through profit or loss – 4,886 23 4,909 Derivative financial instruments – 3,832 148 3,980 Total financial liabilities carried at fair value – 8,718 171 8,889 At 31 December 2023 Financial liabilities at fair value through profit or loss – 5,232 23 5,255 Derivative financial instruments – 4,168 139 4,307 Total financial liabilities carried at fair value – 9,400 162 9,562
Schedule of movements in the level 3 financial assets portfolio	The tables below analyse movements in the level 3 financial assets portfolio. Financial assets at fair value through profit or loss £m Financial assets at fair value through other comprehensive income £m Total financial assets carried at fair value £m At 1 January 2024 270 53 323 Exchange and other adjustments – (1) (1) Gains recognised in the income statement within other income 26 – 26 Purchases/increases to customer loans 6 – 6 Sales/repayments of customer loans (16) (1) (17) At 30 June 2024 286 51 337 Gains recognised in the income statement, within other income, relating to the change in fair value of those assets held at 30 June 2024 26 – 26 At 1 January 2023 295 52 347 Exchange and other adjustments – (2) (2) Gains recognised in the income statement within other income 17 4 21 Purchases/increases to customer loans – – – Sales/repayments of customer loans (8) (2) (10) At 30 June 2023 304 52 356 Gains recognised in the income statement, within other income, relating to the change in fair value of those assets held at 30 June 2023 17 2 19
Schedule of movements in the level 3 financial liabilities portfolio	The tables below analyse movements in the level 3 financial liabilities portfolio. Financial liabilities at fair value through profit or loss £m Derivative liabilities £m Total financial liabilities carried at fair value £m At 1 January 2024 23 139 162 Losses recognised in the income statement within other income 2 19 21 Redemptions (2) (10) (12) At 30 June 2024 23 148 171 Losses (gains) recognised in the income statement, within other income, relating to the change in fair value of those liabilities held at 30 June 2024 2 (21) (19) At 1 January 2023 26 163 189 (Gains) losses recognised in the income statement within other income (1) 13 12 Redemptions – (11) (11) At 30 June 2023 25 165 190 Gains recognised in the income statement, within other income, relating to the change in fair value of those liabilities held at 30 June 2023 (1) (16) (17)
Schedule of effects of reasonably possible alternative assumptions for categories of level 3 financial assets and financial liabilities	The tables below set out the effects of reasonably possible alternative assumptions for categories of level 3 financial assets and financial liabilities. Effect of reasonably possible alternative assumptions 1 At 30 June 2024 Valuation techniques Significant unobservable inputs 2 Carrying value £m Favourable changes £m Unfavourable changes £m Financial assets at fair value through profit or loss Loans and advances to customers Discounted cash flows Interest rate spreads (+/- 50 bps) 282 20 (19) Equity investments 4 286 Financial assets at fair value through other comprehensive income 51 Level 3 financial assets carried at fair value 337 Financial liabilities at fair value through profit or loss 23 1 (1) Derivative financial liabilities Interest rate derivatives Option pricing model Interest rate volatility ( 13 %/ 200 %) 14 Shared appreciation rights Market values – property valuation HPI (+/- 1 %) 134 13 (12) 148 Level 3 financial liabilities carried at fair value 171 1 Where the exposure to an unobservable input is managed on a net basis, only the net impact is shown in the table. 2 Ranges are shown where appropriate and represent the highest and lowest inputs used in the level 3 valuations. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 9: Fair values of financial assets and liabilities (continued) Sensitivity of level 3 valuations (continued) Effect of reasonably possible alternative assumptions 1 At 31 December 2023 Valuation techniques Significant unobservable inputs 2 Carrying value £m Favourable changes £m Unfavourable changes £m Financial assets at fair value through profit or loss Loans and advances to customers Discounted cash flows Interest rate spreads (+/- 50 bps) 266 21 (19) Equity investments 4 270 Financial assets at fair value through other comprehensive income 53 Level 3 financial assets carried at fair value 323 Financial liabilities at fair value through profit or loss 23 1 (1) Derivative financial liabilities Interest rate derivatives Option pricing model Interest rate volatility ( 13% / 200% ) 16 Shared appreciation rights Market values – property valuation HPI (+/- 1% ) 123 13 (12) 139 Level 3 financial liabilities carried at fair value 162 1 Where the exposure to an unobservable input is managed on a net basis, only the net impact is shown in the table. 2 Ranges are shown where appropriate and represent the highest and lowest inputs used in the level 3 valuations.
Schedule of carrying values and fair values of financial assets and liabilities	The table below summarises the carrying values of financial assets and liabilities measured at amortised cost in the Group’s consolidated balance sheet. The fair values presented in the table are at a specific date and may be significantly different from the amounts which will actually be paid or received on the maturity or settlement date. At 30 June 2024 At 31 December 2023 Carrying value £m Fair value £m Carrying value £m Fair value £m Financial assets Loans and advances to banks 7,067 7,067 8,810 8,810 Loans and advances to customers 435,310 429,131 433,124 423,183 Reverse repurchase agreements 42,273 42,273 32,751 32,751 Debt securities 12,619 12,110 12,546 12,506 Due from fellow Lloyds Banking Group undertakings 789 789 840 840 Financial assets at amortised cost 498,058 491,370 488,071 478,090 Financial liabilities Deposits from banks 2,973 2,965 3,557 3,557 Customer deposits 446,165 446,802 441,953 442,391 Repurchase agreements 37,848 37,848 37,702 37,702 Due to fellow Lloyds Banking Group undertakings 5,168 5,168 2,932 2,932 Debt securities in issue 48,725 48,681 52,449 52,243 Subordinated liabilities 6,764 6,880 6,935 7,160

Loans and advances to custome_2

Loans and advances to customers (Tables)	6 Months Ended
	Jun. 30, 2024
Financial Assets At Amortised Cost [Abstract]
Schedule of financial assets at amortised cost	Gross carrying amount Allowance for expected credit losses Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m At 1 January 2024 368,859 52,973 7,131 7,854 436,817 885 1,462 1,133 213 3,693 Exchange and other adjustments 1 (1,062) (13) (6) 7 (1,074) (6) (5) 14 23 26 Transfers to Stage 1 16,753 (16,683) (70) – 276 (271) (5) – Transfers to Stage 2 (11,055) 11,533 (478) – (56) 116 (60) – Transfers to Stage 3 (508) (1,710) 2,218 – (8) (156) 164 – Net change in ECL due to transfers (184) 257 169 242 28 (54) 268 242 Impact of transfers between stages 5,190 (6,860) 1,670 – Other changes in credit quality 2 (136) (52) 331 32 175 Additions and repayments 8,751 (3,120) (816) (418) 4,397 (5) (99) (115) (29) (248) Charge (credit) to the income statement (113) (205) 484 3 169 Disposals and derecognition 3 (449) (206) (88) (219) (962) (1) (4) (7) (8) (20) Advances written off (617) (6) (623) (617) (6) (623) Recoveries of advances written off in previous years 69 – 69 69 – 69 At 30 June 2024 381,289 42,774 7,343 7,218 438,624 765 1,248 1,076 225 3,314 Allowance for expected credit losses (765) (1,248) (1,076) (225) (3,314) Net carrying amount 380,524 41,526 6,267 6,993 435,310 Drawn ECL coverage 4 0.2 % 2.9 % 14.7 % 3.1 % 0.8 % 1 Exchange and other adjustments includes the impact of movements in exchange rates, discount unwind, derecognising assets as a result of modifications and adjustments in respect of purchased or originated credit-impaired financial assets (POCI). Where a POCI asset’s expected credit loss is less than its expected credit loss on purchase or origination, the increase in its carrying value is recognised within gross loans, rather than as a negative impairment allowance. 2 Includes a credit for methodology and model changes of £ 65 million, split by Stage as £ 26 million credit for Stage 1, £ 31 million credit for Stage 2, £ 4 million credit for Stage 3 and £ 4 million credit for POCI. 3 Relates to the securitisation of legacy Retail mortgages. 4 Allowance for expected credit losses on loans and advances to customers as a percentage of gross loans and advances to customers. Gross carrying amount Allowance for expected credit losses Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m At 1 January 2023 362,766 60,103 7,611 9,622 440,102 678 1,792 1,752 253 4,475 Exchange and other adjustments 1 2,432 (8) (8) 18 2,434 (8) (1) 106 67 164 Transfers to Stage 1 18,355 (18,317) (38) – 393 (385) (8) – Transfers to Stage 2 (17,963) 18,545 (582) – (53) 121 (68) – Transfers to Stage 3 (1,214) (2,507) 3,721 – (13) (223) 236 – Net change in ECL due to transfers (254) 401 312 459 73 (86) 472 459 Impact of transfers between stages (822) (2,279) 3,101 – Other changes in credit quality 2 106 (103) 802 8 813 Additions and repayments 8,168 (3,951) (2,338) (1,043) 836 90 (81) (862) (81) (934) Charge (credit) to the income statement 269 (270) 412 (73) 338 Disposals and derecognition 3 (3,685) (892) (122) (743) (5,442) (54) (59) (24) (34) (171) Advances written off (1,229) – (1,229) (1,229) – (1,229) Recoveries of advances written off in previous years 116 – 116 116 – 116 At 31 December 2023 368,859 52,973 7,131 7,854 436,817 885 1,462 1,133 213 3,693 Allowance for expected credit losses (885) (1,462) (1,133) (213) (3,693) Net carrying amount 367,974 51,511 5,998 7,641 433,124 Drawn ECL coverage 4 0.2 % 2.8 % 15.9 % 2.7 % 0.8 % 1 Exchange and other adjustments includes the impact of movements in exchange rates, discount unwind, derecognising assets as a result of modifications and adjustments in respect of purchased or originated credit-impaired financial assets (POCI). Where a POCI asset’s expected credit loss is less than its expected credit loss on purchase or origination, the increase in its carrying value is recognised within gross loans, rather than as a negative impairment allowance. 2 Includes a charge for methodology and model changes of £ 60 million, split by Stage as £ 96 million charge for Stage 1, £ 33 million credit for Stage 2, £ 1 million credit for Stage 3 and £ 2 million credit for POCI. 3 Relates to the securitisations of legacy Retail mortgages and Retail unsecured loans. 4 Allowance for expected credit losses on loans and advances to customers as a percentage of gross loans and advances to customers.

Credit quality of loans and a_2

Credit quality of loans and advances to customers (Tables)	6 Months Ended
	Jun. 30, 2024
Credit Quality Of Loans And Advances To Customers [Abstract]
Schedule of credit quality of loans and advances to customers	Gross drawn exposures Allowance for expected credit losses At 30 June 2024 Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Retail – UK mortgages RMS 1–3 245,910 8,272 – – 254,182 54 51 – – 105 RMS 4–6 20,300 15,522 – – 35,822 26 109 – – 135 RMS 7–9 98 2,001 – – 2,099 1 35 – – 36 RMS 10 – 973 – – 973 – 23 – – 23 RMS 11–13 – 3,074 – – 3,074 – 108 – – 108 RMS 14 – – 4,542 7,218 11,760 – – 331 225 556 266,308 29,842 4,542 7,218 307,910 81 326 331 225 963 Retail – credit cards RMS 1–3 4,665 3 – – 4,668 9 – – – 9 RMS 4–6 7,357 1,185 – – 8,542 85 56 – – 141 RMS 7–9 1,303 918 – – 2,221 52 116 – – 168 RMS 10 4 166 – – 170 – 35 – – 35 RMS 11–13 – 329 – – 329 – 117 – – 117 RMS 14 – – 290 – 290 – – 133 – 133 13,329 2,601 290 – 16,220 146 324 133 – 603 Retail – UK unsecured loans and overdrafts RMS 1–3 855 1 – – 856 2 – – – 2 RMS 4–6 6,209 437 – – 6,646 89 27 – – 116 RMS 7–9 1,153 347 – – 1,500 41 40 – – 81 RMS 10 34 118 – – 152 3 23 – – 26 RMS 11–13 10 310 – – 320 1 104 – – 105 RMS 14 – – 186 – 186 – – 110 – 110 8,261 1,213 186 – 9,660 136 194 110 – 440 Retail – UK Motor Finance RMS 1–3 9,978 646 – – 10,624 132 14 – – 146 RMS 4–6 3,747 1,092 – – 4,839 46 34 – – 80 RMS 7–9 458 272 – – 730 4 16 – – 20 RMS 10 – 91 – – 91 – 11 – – 11 RMS 11–13 2 187 – – 189 – 37 – – 37 RMS 14 – – 117 – 117 – – 67 – 67 14,185 2,288 117 – 16,590 182 112 67 – 361 Retail – other RMS 1–3 14,153 250 – – 14,403 3 4 – – 7 RMS 4–6 2,200 167 – – 2,367 10 10 – – 20 RMS 7–9 – 90 – – 90 – 5 – – 5 RMS 10 – 5 – – 5 – – – – – RMS 11–13 81 10 – – 91 – – – – – RMS 14 – – 163 – 163 – – 45 – 45 16,434 522 163 – 17,119 13 19 45 – 77 Total Retail 318,517 36,466 5,298 7,218 367,499 558 975 686 225 2,444 NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 11: Credit quality of loans and advances to customers (continued) Gross drawn exposures Allowance for expected credit losses At 30 June 2024 Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Commercial Banking CMS 1–5 13,625 – – – 13,625 1 – – – 1 CMS 6–10 13,731 59 – – 13,790 12 – – – 12 CMS 11–14 32,113 2,020 – – 34,133 125 28 – – 153 CMS 15–18 4,255 3,601 – – 7,856 69 188 – – 257 CMS 19 30 628 – – 658 – 57 – – 57 CMS 20–23 – 2,045 – 2,045 – – 390 – 390 63,754 6,308 2,045 – 72,107 207 273 390 – 870 Other 1 (982) – – – (982) – – – – – Total loans and advances to customers 381,289 42,774 7,343 7,218 438,624 765 1,248 1,076 225 3,314 1 Gross drawn exposures include centralised fair value hedge accounting adjustments. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 11: Credit quality of loans and advances to customers (continued) Gross drawn exposures Allowance for expected credit losses At 31 December 2023 Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Retail – UK mortgages RMS 1–3 226,740 4,137 – – 230,877 123 37 – – 160 RMS 4–6 29,637 27,037 – – 56,674 38 151 – – 189 RMS 7–9 219 2,713 – – 2,932 – 37 – – 37 RMS 10 – 590 – – 590 – 13 – – 13 RMS 11–13 – 4,056 – – 4,056 – 136 – – 136 RMS 14 – – 4,337 7,854 12,191 – – 357 213 570 256,596 38,533 4,337 7,854 307,320 161 374 357 213 1,105 Retail – credit cards RMS 1–3 3,906 5 – – 3,911 9 – – – 9 RMS 4–6 7,159 1,248 – – 8,407 91 65 – – 156 RMS 7–9 1,548 1,069 – – 2,617 67 145 – – 212 RMS 10 12 220 – – 232 1 50 – – 51 RMS 11–13 – 366 – – 366 – 141 – – 141 RMS 14 – – 284 – 284 – – 130 – 130 12,625 2,908 284 – 15,817 168 401 130 – 699 Retail – UK unsecured loans and overdrafts RMS 1–3 638 1 – – 639 1 – – – 1 RMS 4–6 5,152 250 – – 5,402 83 18 – – 101 RMS 7–9 1,256 473 – – 1,729 44 50 – – 94 RMS 10 43 135 – – 178 4 27 – – 31 RMS 11–13 14 328 – – 342 2 113 – – 115 RMS 14 – – 196 – 196 – – 118 – 118 7,103 1,187 196 – 8,486 134 208 118 – 460 Retail – UK Motor Finance RMS 1–3 9,979 569 – – 10,548 142 12 – – 154 RMS 4–6 2,791 998 – – 3,789 41 29 – – 70 RMS 7–9 769 228 – – 997 3 13 – – 16 RMS 10 – 63 – – 63 – 7 – – 7 RMS 11–13 2 169 – – 171 – 30 – – 30 RMS 14 – – 112 – 112 – – 63 – 63 13,541 2,027 112 – 15,680 186 91 63 – 340 Retail – other RMS 1–3 13,613 240 – – 13,853 3 4 – – 7 RMS 4–6 2,197 186 – – 2,383 16 13 – – 29 RMS 7–9 – 86 – – 86 – 4 – – 4 RMS 10 – 6 – – 6 – – – – – RMS 11–13 88 7 – – 95 – – – – – RMS 14 – – 144 – 144 – – 47 – 47 15,898 525 144 – 16,567 19 21 47 – 87 Total Retail 305,763 45,180 5,073 7,854 363,870 668 1,095 715 213 2,691 NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 11: Credit quality of loans and advances to customers (continued) Gross drawn exposures Allowance for expected credit losses At 31 December 2023 Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Stage 1 £m Stage 2 £m Stage 3 £m POCI £m Total £m Commercial Banking CMS 1–5 12,145 – – – 12,145 2 – – – 2 CMS 6–10 17,259 121 – – 17,380 23 – – – 23 CMS 11–14 30,366 2,793 – – 33,159 129 57 – – 186 CMS 15–18 3,618 4,070 – – 7,688 63 229 – – 292 CMS 19 9 809 – – 818 – 81 – – 81 CMS 20–23 – – 2,058 – 2,058 – – 418 – 418 63,397 7,793 2,058 – 73,248 217 367 418 – 1,002 Other 1 (301) – – – (301) – – – – – Total loans and advances to customers 368,859 52,973 7,131 7,854 436,817 885 1,462 1,133 213 3,693 1 Gross drawn exposures include centralised fair value hedge accounting adjustments.

Allowance for expected credit_2

Allowance for expected credit losses (Tables)	6 Months Ended
	Jun. 30, 2024
Allowance For Impairment Losses [Abstract]
Disclosure of impairment allowances	Judgemental adjustments due to: At 30 June 2024 Modelled ECL £m Individually assessed £m Inflationary and interest rate risk £m Other £m Total ECL £m UK mortgages 806 – 23 142 971 Credit cards 679 – 6 15 700 Other Retail 878 – 6 58 942 Commercial Banking 968 322 – (308) 982 Other 1 – – – 1 Total 3,332 322 35 (93) 3,596 At 31 December 2023 UK mortgages 991 – 61 63 1,115 Credit cards 703 – 92 15 810 Other Retail 867 – 32 46 945 Commercial Banking 1,090 340 – (280) 1,150 Other 1 – – – 1 Total 3,652 340 185 (156) 4,021
Disclosure of generation of multiple economic assumptions by quarter and by year	At 30 June 2024 2024 % 2025 % 2026 % 2027 % 2028 % 2024 to 2028 average % Upside Gross domestic product growth 1.1 2.3 1.7 1.5 1.4 1.6 Unemployment rate 4.1 3.2 3.0 2.9 2.9 3.2 House price growth 2.2 5.0 7.3 6.0 5.2 5.1 Commercial real estate price growth 2.2 8.7 2.4 2.8 1.2 3.4 UK Bank Rate 5.17 5.30 5.17 5.33 5.55 5.31 CPI inflation 2.5 2.5 2.4 2.7 2.9 2.6 Base case Gross domestic product growth 0.8 1.2 1.6 1.6 1.6 1.3 Unemployment rate 4.5 4.8 4.8 4.6 4.6 4.7 House price growth 1.2 1.4 1.0 1.4 2.4 1.5 Commercial real estate price growth (1.6) 1.2 0.0 1.9 1.0 0.5 UK Bank Rate 5.06 4.19 3.63 3.50 3.50 3.98 CPI inflation 2.5 2.5 2.1 2.1 2.2 2.3 Downside Gross domestic product growth 0.6 (0.5) 0.8 1.5 1.6 0.8 Unemployment rate 4.9 6.9 7.5 7.4 7.2 6.7 House price growth 0.6 (1.8) (6.5) (5.4) (2.3) (3.1) Commercial real estate price growth (4.7) (6.7) (4.1) (0.8) (1.3) (3.5) UK Bank Rate 4.97 2.77 1.38 0.89 0.63 2.13 CPI inflation 2.5 2.4 1.8 1.4 1.2 1.9 Severe downside Gross domestic product growth 0.1 (2.2) 0.4 1.2 1.5 0.2 Unemployment rate 5.5 9.4 10.2 10.1 9.8 9.0 House price growth (0.7) (4.8) (13.9) (11.8) (7.6) (7.9) Commercial real estate price growth (9.1) (15.1) (8.6) (5.3) (4.7) (8.6) UK Bank Rate – modelled 4.81 1.12 0.16 0.05 0.02 1.23 UK Bank Rate – adjusted 1 5.09 3.22 2.33 2.02 1.79 2.89 CPI inflation – modelled 2.6 2.4 1.3 0.5 0.1 1.4 CPI inflation – adjusted 1 2.9 3.2 1.6 0.9 1.0 1.9 Probability-weighted Gross domestic product growth 0.8 0.7 1.3 1.5 1.5 1.2 Unemployment rate 4.6 5.4 5.6 5.5 5.4 5.3 House price growth 1.1 0.9 (0.9) (0.6) 0.8 0.3 Commercial real estate price growth (2.1) (0.5) (1.3) 0.6 (0.2) (0.7) UK Bank Rate – modelled 5.04 3.79 3.07 2.92 2.90 3.55 UK Bank Rate – adjusted 1 5.07 4.00 3.29 3.12 3.08 3.71 CPI inflation – modelled 2.5 2.5 2.1 1.9 1.9 2.2 CPI inflation – adjusted 1 2.6 2.6 2.1 1.9 2.0 2.2 1 The adjustment to UK Bank Rate and CPI inflation in the severe downside is considered to better reflect the risks to the Group’s base case view in an economic environment where the risks of supply and demand shocks are seen as more balanced. NOTES TO THE CONDENSED CONSOLIDATED HALF-YEAR FINANCIAL STATEMENTS (UNAUDITED) (continued) Note 12: Allowance for expected credit losses (continued) At 31 December 2023 2023 % 2024 % 2025 % 2026 % 2027 % 2023 to 2027 average % Upside Gross domestic product growth 0.3 1.5 1.7 1.7 1.9 1.4 Unemployment rate 4.0 3.3 3.1 3.1 3.1 3.3 House price growth 1.9 0.8 6.9 7.2 6.8 4.7 Commercial real estate price growth (3.9) 9.0 3.8 1.3 1.3 2.2 UK Bank Rate 4.94 5.72 5.61 5.38 5.18 5.37 CPI inflation 7.3 2.7 3.1 3.2 3.1 3.9 Base case Gross domestic product growth 0.3 0.5 1.2 1.7 1.9 1.1 Unemployment rate 4.2 4.9 5.2 5.2 5.0 4.9 House price growth 1.4 (2.2) 0.5 1.6 3.5 1.0 Commercial real estate price growth (5.1) (0.2) 0.1 0.0 0.8 (0.9) UK Bank Rate 4.94 4.88 4.00 3.50 3.06 4.08 CPI inflation 7.3 2.7 2.9 2.5 2.2 3.5 Downside Gross domestic product growth 0.2 (1.0) (0.1) 1.5 2.0 0.5 Unemployment rate 4.3 6.5 7.8 7.9 7.6 6.8 House price growth 1.3 (4.5) (6.0) (5.6) (1.7) (3.4) Commercial real estate price growth (6.0) (8.7) (4.0) (2.1) (1.2) (4.4) UK Bank Rate 4.94 3.95 1.96 1.13 0.55 2.51 CPI inflation 7.3 2.8 2.7 1.8 1.1 3.2 Severe downside Gross domestic product growth 0.1 (2.3) (0.5) 1.3 1.8 0.1 Unemployment rate 4.5 8.7 10.4 10.5 10.1 8.8 House price growth 0.6 (7.6) (13.3) (12.7) (7.5) (8.2) Commercial real estate price growth (7.7) (19.5) (10.6) (7.7) (5.2) (10.3) UK Bank Rate – modelled 4.94 2.75 0.49 0.13 0.03 1.67 UK Bank Rate – adjusted 1 4.94 6.56 4.56 3.63 3.13 4.56 CPI inflation – modelled 7.3 2.7 2.2 0.9 (0.2) 2.6 CPI inflation – adjusted 1 7.6 7.5 3.5 1.3 1.0 4.2 Probability-weighted Gross domestic product growth 0.3 0.1 0.8 1.6 1.9 0.9 Unemployment rate 4.2 5.3 5.9 5.9 5.7 5.4 House price growth 1.4 (2.5) (0.9) (0.3) 1.8 (0.1) Commercial real estate price growth (5.3) (1.9) (1.1) (1.0) (0.2) (1.9) UK Bank Rate – modelled 4.94 4.64 3.52 3.02 2.64 3.75 UK Bank Rate – adjusted 1 4.94 5.02 3.93 3.37 2.95 4.04 CPI inflation – modelled 7.3 2.7 2.8 2.3 1.9 3.4 CPI inflation – adjusted 1 7.4 3.2 3.0 2.4 2.0 3.6 1 The adjustment to UK Bank Rate and CPI inflation in the severe downside was considered to better reflect the risks to the Group’s base case view in an economic environment where supply shocks were the principal concern. Gross domestic product growth is presented quarter-on-quarter. House price growth, commercial real estate price growth and CPI inflation are presented year-on-year, i.e. from the equivalent quarter in the previous year. Unemployment rate and UK Bank Rate are presented as at the end of each quarter. At 30 June 2024 First quarter 2024 % Second quarter 2024 % Third quarter 2024 % Fourth quarter 2024 % First quarter 2025 % Second quarter 2025 % Third quarter 2025 % Fourth quarter 2025 % Gross domestic product growth 0.6 0.4 0.3 0.2 0.3 0.3 0.4 0.4 Unemployment rate 4.3 4.5 4.6 4.7 4.8 4.9 4.9 4.8 House price growth 0.4 1.0 3.8 1.2 0.9 1.3 1.3 1.4 Commercial real estate price growth (5.3) (5.3) (3.5) (1.6) (0.9) 0.2 (0.2) 1.2 UK Bank Rate 5.25 5.25 5.00 4.75 4.50 4.25 4.00 4.00 CPI inflation 3.5 2.1 2.0 2.5 2.2 2.7 2.6 2.4 At 31 December 2023 First quarter 2023 % Second quarter 2023 % Third quarter 2023 % Fourth quarter 2023 % First quarter 2024 % Second quarter 2024 % Third quarter 2024 % Fourth quarter 2024 % Gross domestic product growth 0.3 0.0 (0.1) 0.0 0.1 0.2 0.3 0.3 Unemployment rate 3.9 4.2 4.2 4.3 4.5 4.8 5.0 5.2 House price growth 1.6 (2.6) (4.5) 1.4 (1.1) (1.5) 0.5 (2.2) Commercial real estate price growth (18.8) (21.2) (18.2) (5.1) (4.1) (3.8) (2.2) (0.2) UK Bank Rate 4.25 5.00 5.25 5.25 5.25 5.00 4.75 4.50 CPI inflation 10.2 8.4 6.7 4.0 3.8 2.1 2.3 2.8
Disclosure of ECL sensitivity to economic assumptions	The table below shows the Group’s ECL for the probability-weighted, upside, base case, downside and severe downside scenarios, with the severe downside scenario incorporating adjustments made to CPI inflation and UK Bank Rate paths. The stage allocation for an asset is based on the overall scenario probability-weighted PD and hence the staging of assets is constant across all the scenarios. In each economic scenario the ECL for individual assessments is held constant reflecting the basis on which they are evaluated. Judgemental adjustments applied through changes to model inputs or parameters, or more qualitative post model adjustments, are apportioned across the scenarios in proportion to modelled ECL where this better reflects the sensitivity of these adjustments to each scenario. The probability-weighted view shows the extent to which a higher ECL allowance has been recognised to take account of multiple economic scenarios relative to the base case; the uplift being £464 million for 30 June 2024 and £673 million at 31 December 2023 . At 30 June 2024 Probability- weighted £m Upside £m Base case £m Downside £m Severe downside £m UK mortgages 971 387 658 1,190 3,004 Credit cards 700 583 676 772 903 Other Retail 942 855 915 990 1,139 Commercial Banking 982 735 882 1,122 1,606 Other 1 2 1 1 1 ECL allowance 3,596 2,562 3,132 4,075 6,653 At 31 December 2023 UK mortgages 1,115 395 670 1,155 4,485 Credit cards 810 600 771 918 1,235 Other Retail 945 850 920 981 1,200 Commercial Banking 1,150 780 986 1,342 2,179 Other 1 1 1 1 1 ECL allowance 4,021 2,626 3,348 4,397 9,100 The table below shows the impact on the Group’s ECL resulting from a 1 percentage point (pp) increase or decrease in the UK unemployment rate. The increase or decrease is presented based on the adjustment phased evenly over the first 10 quarters of the base case scenario. A more immediate increase or decrease would drive a more material ECL impact as it would be fully reflected in both 12-month and lifetime probability of defaults. At 30 June 2024 At 31 December 2023 1pp increase in unemployment £m 1pp decrease in unemployment £m 1pp increase in unemployment £m 1pp decrease in unemployment £m UK mortgages 22 (17) 33 (32) Credit cards 34 (34) 38 (38) Other Retail 16 (16) 19 (19) Commercial Banking 71 (66) 87 (81) ECL impact 143 (133) 177 (170) The table below shows the impact on the Group’s ECL in respect of UK mortgages resulting from an increase or decrease in loss given default for a 10 percentage point (pp) increase or decrease in the UK HPI. The increase or decrease is presented based on the adjustment phased evenly over the first 10 quarters of the base case scenario. At 30 June 2024 At 31 December 2023 10pp increase in HPI £m 10pp decrease in HPI £m 10pp increase in HPI £m 10pp decrease in HPI £m ECL impact (164) 245 (201) 305

Debt securities in issue (Table

Debt securities in issue (Tables)	6 Months Ended
	Jun. 30, 2024
Debt Securities In Issue [Abstract]
Schedule of debt securities in issue	At 30 June 2024 At 31 December 2023 At fair value through profit or loss £m At amortised cost £m Total £m At fair value through profit or loss £m At amortised cost £m Total £m Senior unsecured notes issued 4,886 23,685 28,571 5,232 22,642 27,874 Covered bonds – 11,849 11,849 – 14,318 14,318 Commercial paper – 6,908 6,908 – 8,182 8,182 Securitisation notes 23 4,965 4,988 23 4,211 4,234 Certificates of deposit issued – 1,318 1,318 – 3,096 3,096 4,909 48,725 53,634 5,255 52,449 57,704

Provisions (Tables)

Provisions (Tables)	6 Months Ended
	Jun. 30, 2024
Disclosure of other provisions [abstract]
Schedule of provisions and liabilities	Provisions for financial commitments and guarantees 1 £m Regulatory and legal provisions £m Other £m Total £m At 1 January 2024 314 1,014 588 1,916 Exchange and other adjustments (1) – (2) (3) Provisions applied – (206) (254) (460) (Credit) charge for the period (40) 90 150 200 At 30 June 2024 273 898 482 1,653 1 In respect of loans and advances to customers.

Related party transactions (Tab

Related party transactions (Tables)	6 Months Ended
	Jun. 30, 2024
Related party transactions [abstract]
Schedule of balances and transactions with fellow Lloyds Banking Group undertakings	The Bank and its subsidiaries have balances due to and from the Bank’s parent company, Lloyds Banking Group plc, and fellow Group undertakings. These are included on the balance sheet as follows: At 30 Jun 2024 £m At 31 Dec 2023 £m Assets, included within: Financial assets at fair value through profit or loss – 1 Derivative financial instruments 1,149 1,137 Financial assets at amortised cost: due from fellow Lloyds Banking Group undertakings 789 840 Liabilities, included within: Due to fellow Lloyds Banking Group undertakings 5,168 2,932 Derivative financial instruments 892 953 Debt securities in issue at amortised cost 19,922 18,131 Subordinated liabilities 6,926 6,919

Segmental analysis - Schedule o

Segmental analysis - Schedule of Operating Segments (Details) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Schedule Of Operating Segments [Line Items]
Net interest income	£ 6,222	£ 7,009
Other income	2,154	2,031
Total income	8,376	9,040
Operating expenses	(5,436)	(4,829)
Impairment (charge) credit	(122)	(681)
Profit before tax	2,818	3,530
Segment income	8,376	9,040
Segment external assets	608,362		£ 605,405
Segment external liabilities	568,723		564,974
Retail
Schedule Of Operating Segments [Line Items]
Net interest income	4,429	5,063
Other income	837	1,005
Total income	5,266	6,068
Operating expenses	(3,563)	(3,009)
Impairment (charge) credit	(195)	(592)
Profit before tax	1,508	2,467
Segment income	5,266	6,068
Commercial Banking
Schedule Of Operating Segments [Line Items]
Net interest income	1,636	1,881
Other income	521	513
Total income	2,157	2,394
Operating expenses	(1,149)	(1,063)
Impairment (charge) credit	69	(90)
Profit before tax	1,077	1,241
Segment income	2,157	2,394
Other
Schedule Of Operating Segments [Line Items]
Net interest income	157	65
Other income	796	513
Total income	953	578
Operating expenses	(724)	(757)
Impairment (charge) credit	4	1
Profit before tax	233	(178)
Segment income	953	578
External income (expense)
Schedule Of Operating Segments [Line Items]
Total income	8,376	9,040
Segment income	8,376	9,040
Segment external assets	608,362		605,405
Segment external liabilities	568,723		564,974
External income (expense) | Retail
Schedule Of Operating Segments [Line Items]
Total income	6,254	6,427
Segment income	6,254	6,427
Segment external assets	380,653		376,589
Segment external liabilities	319,063		313,232
External income (expense) | Commercial Banking
Schedule Of Operating Segments [Line Items]
Total income	2,829	2,904
Segment income	2,829	2,904
Segment external assets	86,004		90,301
Segment external liabilities	136,393		138,835
External income (expense) | Other
Schedule Of Operating Segments [Line Items]
Total income	(707)	(291)
Segment income	(707)	(291)
Segment external assets	141,705		138,515
Segment external liabilities	113,267		£ 112,907
Inter-segment (expense) income
Schedule Of Operating Segments [Line Items]
Total income	0	0
Segment income	0	0
Inter-segment (expense) income | Retail
Schedule Of Operating Segments [Line Items]
Total income	(988)	(359)
Segment income	(988)	(359)
Inter-segment (expense) income | Commercial Banking
Schedule Of Operating Segments [Line Items]
Total income	(672)	(510)
Segment income	(672)	(510)
Inter-segment (expense) income | Other
Schedule Of Operating Segments [Line Items]
Total income	1,660	869
Segment income	£ 1,660	£ 869

Net fee and commission income_2

Net fee and commission income (Details) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Fee and commission income:
Current accounts	£ 312	£ 308
Credit and debit card fees	629	614
Commercial banking and treasury fees	92	93
Factoring	35	39
Other fees and commissions	118	142
Total fee and commission income	1,186	1,196
Fee and commission expense	(883)	(550)
Net fee and commission income	£ 303	£ 646

Operating expenses (Details)

Operating expenses (Details) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Disclosure of Expenses [Abstract]
Staff costs	£ 2,287	£ 1,934
Premises and equipment costs	182	167
Depreciation and amortisation	1,659	1,310
Other	1,308	1,418
Total operating expenses	£ 5,436	£ 4,829

Retirement benefit obligation_2

Retirement benefit obligations - Schedule of Defined Benefit Scheme Obligations (Details) - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023
Defined benefit pension schemes:
Retirement benefit assets	£ 3,379	£ 3,624
Retirement benefit obligations	(130)	(136)
Amount recognized
Defined benefit pension schemes:
Net defined benefit asset	3,249	3,488
Retirement benefit assets	3,379	3,624
Retirement benefit obligations	(130)	(136)
Net pension scheme asset | Amount recognized
Defined benefit pension schemes:
Net defined benefit asset	3,291	3,532
Other post-retirement schemes | Amount recognized
Defined benefit pension schemes:
Net defined benefit asset	(42)	(44)
Net amounts presented in the balance sheet
Defined benefit pension schemes:
Present value of funded obligations	(28,633)	(30,201)
Fair value of scheme assets	£ 31,924	£ 33,733

Retirement benefit obligation_3

Retirement benefit obligations - Movements in Net Post-retirement Defined Benefit Scheme Asset (Details) - Amount recognized £ in Millions	6 Months Ended
	Jun. 30, 2024 GBP (£)
Schedule Of Principal Actuarial And Financial Assumptions Used In Valuations Of Defined Benefit Pension Schemes [Line Items]
Net defined benefit asset, beginning balance	£ 3,488
Income statement credit	21
Employer contributions	91
Remeasurement	(351)
Net defined benefit asset, ending balance	£ 3,249

Retirement benefit obligation_4

Retirement benefit obligations - Principal Assumptions (Details)	Jun. 30, 2024	Dec. 31, 2023
Schedule Of Principal Actuarial And Financial Assumptions Used In Valuations Of Defined Benefit Pension Schemes [Line Items]
Discount rate	5.18%	4.70%
Rate of inflation:
Rate of salary increases	0%	0%
Weighted-average rate of increase for pensions in payment	2.90%	2.73%
Retail Price Index (RPI)
Rate of inflation:
Prices index	3.08%	2.96%
Consumer Price Index (CPI)
Rate of inflation:
Prices index	2.67%	2.47%

Impairment - Schedule of Impair

Impairment - Schedule of Impairment (Details) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
IMPAIRMENT (Details) - Schedule of Impairment [Line Items]
Impairment loss recognised in profit or loss	£ 122	£ 681
Loan commitments and financial guarantees
IMPAIRMENT (Details) - Schedule of Impairment [Line Items]
Impairment loss recognised in profit or loss	(40)	7
Financial assets held at amortised cost
IMPAIRMENT (Details) - Schedule of Impairment [Line Items]
Impairment loss recognised in profit or loss	164	675
Financial assets held at amortised cost | Loans and advances to banks
IMPAIRMENT (Details) - Schedule of Impairment [Line Items]
Impairment loss recognised in profit or loss	(4)	(2)
Financial assets held at amortised cost | Loans and advances to customers
IMPAIRMENT (Details) - Schedule of Impairment [Line Items]
Impairment loss recognised in profit or loss	169	678
Financial assets held at amortised cost | Debt securities
IMPAIRMENT (Details) - Schedule of Impairment [Line Items]
Impairment loss recognised in profit or loss	(1)	(1)
Financial assets at fair value through other comprehensive income:
IMPAIRMENT (Details) - Schedule of Impairment [Line Items]
Impairment loss recognised in profit or loss	£ (2)	£ (1)

Impairment - Narrative (Details

Impairment - Narrative (Details) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Disclosure of impairment loss and reversal of impairment loss [abstract]
Residual impairment and voluntary termination charge	£ 10	£ 27

Tax (Details)

Tax (Details) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Income taxes paid (refund) [abstract]
Profit before tax	£ 2,818	£ 3,530
UK corporation tax thereon at 25.0 per cent (2023: 23.5 per cent)	(704)	(830)
Impact of surcharge on banking profits	(78)	(130)
Non-deductible costs: conduct charges	4	(2)
Other non-deductible costs	(98)	(40)
Non-taxable income	33	1
Tax relief on coupons on other equity instruments	42	38
Tax-exempt gains/(losses) on disposals	0	22
Remeasurement of deferred tax due to rate changes	3	(1)
Differences in overseas tax rates	(3)	(1)
Adjustments in respect of prior years	(10)	3
Tax expense	£ (811)	£ (940)
UK corporation tax rate	25%	23.50%

Fair values of financial asse_3

Fair values of financial assets and liabilities - Schedule of Financial Assets Carried at Fair Value by Valuation Hierarchy (Details) - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023
Fair value
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	£ 32,474	£ 32,364
Level 1 | Fair value
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	14,233	15,226
Level 2 | Fair value
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	17,904	16,815
Level 3 | Fair value
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	337	323
Financial assets at fair value through profit or loss
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	2,265	1,862
Financial assets at fair value through profit or loss | Level 1
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	195	201
Financial assets at fair value through profit or loss | Level 2
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	1,784	1,391
Financial assets at fair value through profit or loss | Level 3
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	286	270
Financial assets at fair value through profit or loss | Loans and advances to customers
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	2,066	1,657
Financial assets at fair value through profit or loss | Loans and advances to customers | Level 1
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	0	0
Financial assets at fair value through profit or loss | Loans and advances to customers | Level 2
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	1,784	1,391
Financial assets at fair value through profit or loss | Loans and advances to customers | Level 3
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	282	266
Financial assets at fair value through profit or loss | Equity shares
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	199	205
Financial assets at fair value through profit or loss | Equity shares | Level 1
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	195	201
Financial assets at fair value through profit or loss | Equity shares | Level 2
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	0	0
Financial assets at fair value through profit or loss | Equity shares | Level 3
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	4	4
Financial assets at fair value through other comprehensive income:
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	27,521	27,337
Financial assets at fair value through other comprehensive income: | Level 1
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	14,038	15,025
Financial assets at fair value through other comprehensive income: | Level 2
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	13,432	12,259
Financial assets at fair value through other comprehensive income: | Level 3
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	51	53
Financial assets at fair value through other comprehensive income: | Debt securities
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	27,521	27,336
Financial assets at fair value through other comprehensive income: | Debt securities | Level 1
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	14,038	15,025
Financial assets at fair value through other comprehensive income: | Debt securities | Level 2
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	13,432	12,259
Financial assets at fair value through other comprehensive income: | Debt securities | Level 3
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	51	52
Financial assets at fair value through other comprehensive income: | Equity shares
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	0	1
Financial assets at fair value through other comprehensive income: | Equity shares | Level 1
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	0	0
Financial assets at fair value through other comprehensive income: | Equity shares | Level 2
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	0	0
Financial assets at fair value through other comprehensive income: | Equity shares | Level 3
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	0	1
Derivative financial instruments
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	2,688	3,165
Derivative financial instruments | Level 1
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	0	0
Derivative financial instruments | Level 2
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	2,688	3,165
Derivative financial instruments | Level 3
Disclosure of fair value measurement of assets [line items]
Total financial assets carried at fair value	£ 0	£ 0

Fair values of financial asse_4

Fair values of financial assets and liabilities - Schedule of Financial Liabilities Carried at Fair Value by Valuation Hierarchy (Details) - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023
Fair value
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	£ 8,889	£ 9,562
Level 1 | Fair value
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	0	0
Level 2 | Fair value
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	8,718	9,400
Level 3 | Fair value
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	171	162
Financial liabilities at fair value through profit or loss
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	4,909	5,255
Financial liabilities at fair value through profit or loss | Level 1
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	0	0
Financial liabilities at fair value through profit or loss | Level 2
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	4,886	5,232
Financial liabilities at fair value through profit or loss | Level 3
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	23	23
Derivative financial instruments
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	3,980	4,307
Derivative financial instruments | Level 1
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	0	0
Derivative financial instruments | Level 2
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	3,832	4,168
Derivative financial instruments | Level 3
Disclosure of fair value measurement of liabilities [line items]
Total financial liabilities carried at fair value	£ 148	£ 139

Fair values of financial asse_5

Fair values of financial assets and liabilities- Schedule of Movements in Level 3 Financial Assets Portfolio (Details) - Level 3 - GBP (£) £ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Reconciliation of changes in fair value measurement, assets [abstract]
Balance at beginning of period	£ 323	£ 347	£ 347
Exchange and other adjustments	(1)	(2)
Gains recognised in the income statement within other income	26	21
Purchases/increases to customer loans	6	0
Sales/repayments of customer loans	(17)	(10)
Balance at end of period	337	356	323
Financial assets at fair value through profit or loss
Reconciliation of changes in fair value measurement, assets [abstract]
Balance at beginning of period	270	295	295
Exchange and other adjustments	0	0
Gains recognised in the income statement within other income	26	17
Purchases/increases to customer loans	6	0
Sales/repayments of customer loans	(16)	(8)
Balance at end of period	286	304	270
Gains recognised in the income statement, within other income, relating to the change in fair value of those liabilities held	26	17
Financial assets at fair value through other comprehensive income
Reconciliation of changes in fair value measurement, assets [abstract]
Balance at beginning of period	53	52	52
Exchange and other adjustments	(1)	(2)
Gains recognised in the income statement within other income	0	4
Purchases/increases to customer loans	0	0
Sales/repayments of customer loans	(1)	(2)
Balance at end of period	51	52	£ 53
Gains recognised in the income statement, within other income, relating to the change in fair value of those liabilities held	0	2
Financial assets carried at fair value
Reconciliation of changes in fair value measurement, assets [abstract]
Gains recognised in the income statement, within other income, relating to the change in fair value of those liabilities held	£ 26	£ 19

Fair values of financial asse_6

Fair values of financial assets and liabilities - Schedule of Movements in Level 3 Financial Liabilities Portfolio (Details) - Level 3 - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Reconciliation of changes in fair value measurement, liabilities [abstract]
Balance at beginning of period	£ 162	£ 189
Losses recognised in the income statement within other income	21	12
Redemptions	(12)	(11)
Balance at end of period	171	190
Financial liabilities at fair value through profit or loss
Reconciliation of changes in fair value measurement, liabilities [abstract]
Balance at beginning of period	23	26
Losses recognised in the income statement within other income	2	(1)
Redemptions	(2)	0
Balance at end of period	23	25
Gains (losses) recognised in other comprehensive income excluding exchange differences, fair value measurement, liabilities	2	(1)
Derivative financial instruments
Reconciliation of changes in fair value measurement, liabilities [abstract]
Balance at beginning of period	139	163
Losses recognised in the income statement within other income	19	13
Redemptions	(10)	(11)
Balance at end of period	148	165
Gains (losses) recognised in other comprehensive income excluding exchange differences, fair value measurement, liabilities	(21)	(16)
Financial liabilities carried at fair value
Reconciliation of changes in fair value measurement, liabilities [abstract]
Gains (losses) recognised in other comprehensive income excluding exchange differences, fair value measurement, liabilities	£ (19)	£ (17)

Fair values of financial asse_7

Fair values of financial assets and liabilities - Schedule of Sensitivity of Level 3 Valuations (Details) £ in Millions	Jun. 30, 2024 GBP (£)	Dec. 31, 2023 GBP (£)
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Loans and advances to customers	£ 435,310	£ 433,124
Financial assets at fair value through profit or loss	2,265	1,862
Financial assets at fair value through other comprehensive income	27,521	27,337
Financial liabilities at fair value through profit or loss	4,909	5,255
Derivative financial instruments	3,980	4,307
Favourable changes
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Financial liabilities at fair value through profit or loss	1	1
Unfavourable changes
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Financial liabilities at fair value through profit or loss	(1)	(1)
Gross carrying amount
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Financial assets at fair value through profit or loss	286	270
Financial assets at fair value through other comprehensive income	51	53
Financial liabilities at fair value through profit or loss	23	23
Gross carrying amount | Level 3
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Level 3 financial assets carried at fair value	337	323
Level 3 financial liabilities carried at fair value	171	162
Gross carrying amount | Derivative financial liabilities
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Derivative financial instruments	148	139
Option pricing model | Gross carrying amount | Derivative financial liabilities | Interest Rate Volatility
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Interest rate derivatives	14	16
Market values – property valuation | Favourable changes | Derivative financial liabilities | Housing Price Index
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Shared appreciation rights	13	13
Market values – property valuation | Unfavourable changes | Derivative financial liabilities | Housing Price Index
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Shared appreciation rights	(12)	(12)
Market values – property valuation | Gross carrying amount | Derivative financial liabilities | Housing Price Index
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Shared appreciation rights	£ 134	£ 123
Minimum | Interest rate volatility | Derivative financial liabilities
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Significant unobservable input reasonable assumption, liabilities	0.13	0.13
Minimum | Housing price index | Derivative financial liabilities
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Significant unobservable input reasonable assumption, liabilities	(0.01)	(0.01)
Maximum | Interest rate volatility | Derivative financial liabilities
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Significant unobservable input reasonable assumption, liabilities	2	2
Maximum | Housing price index | Derivative financial liabilities
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Significant unobservable input reasonable assumption, liabilities	0.01	0.01
Financial assets at fair value through profit or loss
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Level 3 financial assets carried at fair value	£ 2,265	£ 1,862
Financial assets at fair value through profit or loss | Level 3
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Level 3 financial assets carried at fair value	286	270
Financial assets at fair value through profit or loss | Gross carrying amount
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Equity investments	4	4
Financial assets at fair value through profit or loss | Discounted cash flows | Favourable changes
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Loans and advances to customers	20	21
Financial assets at fair value through profit or loss | Discounted cash flows | Unfavourable changes
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Loans and advances to customers	(19)	(19)
Financial assets at fair value through profit or loss | Discounted cash flows | Gross carrying amount
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Loans and advances to customers	£ 282	£ 266
Financial assets at fair value through profit or loss | Minimum | Interest rate spreads
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Significant unobservable input, assets	(0.0050)	(0.0050)
Financial assets at fair value through profit or loss | Maximum | Interest rate spreads
Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]
Significant unobservable input, assets	0.0050	0.0050

Fair values of financial asse_8

Fair values of financial assets and liabilities - Schedule of Carrying Values and Fair Values of Financial Assets and Liabilities (Details) - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023
Financial Assets [Abstract]
Loans and advances to banks	£ 7,067	£ 8,810
Loans and advances to customers	435,310	433,124
Reverse repurchase agreements	42,273	32,751
Debt securities	12,619	12,546
Due from fellow Lloyds Banking Group undertakings	789	840
Financial assets at amortised cost	498,058	488,071
Financial Liabilities [Abstract]
Deposits from banks	2,973	3,557
Customer deposits	446,165	441,953
Repurchase agreements	37,848	37,702
Due to fellow Lloyds Banking Group undertakings	5,168	2,932
Debt securities in issue at amortised cost	48,725	52,449
Subordinated liabilities	6,764	6,935
Gross carrying amount
Financial Assets [Abstract]
Loans and advances to banks	7,067	8,810
Loans and advances to customers	435,310	433,124
Reverse repurchase agreements	42,273	32,751
Debt securities	12,619	12,546
Due from fellow Lloyds Banking Group undertakings	789	840
Financial assets at amortised cost	498,058	488,071
Financial Liabilities [Abstract]
Deposits from banks	2,973	3,557
Customer deposits	446,165	441,953
Repurchase agreements	37,848	37,702
Due to fellow Lloyds Banking Group undertakings	5,168	2,932
Debt securities in issue at amortised cost	48,725	52,449
Subordinated liabilities	6,764	6,935
Fair value
Financial Assets [Abstract]
Loans and advances to banks	7,067	8,810
Loans and advances to customers	429,131	423,183
Reverse repurchase agreements	42,273	32,751
Debt securities	12,110	12,506
Due from fellow Lloyds Banking Group undertakings	789	840
Financial assets at amortised cost	491,370	478,090
Financial Liabilities [Abstract]
Deposits from banks	2,965	3,557
Customer deposits	446,802	442,391
Repurchase agreements	37,848	37,702
Due to fellow Lloyds Banking Group undertakings	5,168	2,932
Debt securities in issue at amortised cost	48,681	52,243
Subordinated liabilities	£ 6,880	£ 7,160

Loans and advances to custome_3

Loans and advances to customers - Schedule of Financial Assets at Amortised Cost (Details) - GBP (£) £ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	£ 433,124
Allowance for expected credit losses beginning balance	(433,124)
Gross carrying amount ending balance	435,310	£ 433,124
Allowance for expected credit losses ending balance	(435,310)	(433,124)
Charge/(credit) for methodology and model changes in financial assets	(65)	60
Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	242	459
Net change in ECL due to transfers	242	459
Other changes in credit quality	175	813
Charge (credit) to the income statement	169	338
Recoveries of advances written off in previous years	69	116
Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	0	0
Recoveries of advances written off in previous years	£ 69	£ 116
Loans and advances to customers | Loans and advances to customers
Disclosure of financial assets [line items]
Expected credit loss PD (as a percent)	0.80%	0.80%
Loans and advances to customers | Stage 1
Disclosure of financial assets [line items]
Transfers to Stage 1	£ 0	£ 0
Loans and advances to customers | Stage 2
Disclosure of financial assets [line items]
Transfers to Stage 2	0	0
Loans and advances to customers | Stage 3
Disclosure of financial assets [line items]
Transfers to Stage 3	0	0
Stage 1 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	0	0
Stage 2 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	0	0
Stage 3 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	0	0
Stage 1 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	28	73
Net change in ECL due to transfers	(184)	(254)
Other changes in credit quality	(136)	106
Charge (credit) to the income statement	(113)	269
Stage 1 | Stage 1 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	276	393
Stage 1 | Stage 2 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	(56)	(53)
Stage 1 | Stage 3 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	(8)	(13)
Stage 2 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	(54)	(86)
Net change in ECL due to transfers	257	401
Other changes in credit quality	(52)	(103)
Charge (credit) to the income statement	(205)	(270)
Stage 2 | Stage 1 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	(271)	(385)
Stage 2 | Stage 2 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	116	121
Stage 2 | Stage 3 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	(156)	(223)
Stage 3 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	268	472
Net change in ECL due to transfers	169	312
Other changes in credit quality	331	802
Charge (credit) to the income statement	484	412
Recoveries of advances written off in previous years	69	116
Stage 3 | Stage 1 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	(5)	(8)
Stage 3 | Stage 2 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	(60)	(68)
Stage 3 | Stage 3 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	164	236
POCI | Loans and advances to customers
Disclosure of financial assets [line items]
Other changes in credit quality	32	8
Charge (credit) to the income statement	3	(73)
Recoveries of advances written off in previous years	0	0
Stage 1
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	367,974
Allowance for expected credit losses beginning balance	(367,974)
Gross carrying amount ending balance	380,524	367,974
Allowance for expected credit losses ending balance	(380,524)	(367,974)
Charge/(credit) for methodology and model changes in financial assets	(26)	96
Stage 1 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	£ 5,190	£ (822)
Stage 1 | Loans and advances to customers | Loans and advances to customers
Disclosure of financial assets [line items]
Expected credit loss PD (as a percent)	0.20%	0.20%
Stage 1 | Loans and advances to customers | Stage 1
Disclosure of financial assets [line items]
Transfers to Stage 1	£ 16,753	£ 18,355
Stage 1 | Loans and advances to customers | Stage 2
Disclosure of financial assets [line items]
Transfers to Stage 2	(11,055)	(17,963)
Stage 1 | Loans and advances to customers | Stage 3
Disclosure of financial assets [line items]
Transfers to Stage 3	(508)	(1,214)
Stage 2
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	51,511
Allowance for expected credit losses beginning balance	(51,511)
Gross carrying amount ending balance	41,526	51,511
Allowance for expected credit losses ending balance	(41,526)	(51,511)
Charge/(credit) for methodology and model changes in financial assets	(31)	(33)
Stage 2 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	£ (6,860)	£ (2,279)
Stage 2 | Loans and advances to customers | Loans and advances to customers
Disclosure of financial assets [line items]
Expected credit loss PD (as a percent)	2.90%	2.80%
Stage 2 | Loans and advances to customers | Stage 1
Disclosure of financial assets [line items]
Transfers to Stage 1	£ (16,683)	£ (18,317)
Stage 2 | Loans and advances to customers | Stage 2
Disclosure of financial assets [line items]
Transfers to Stage 2	11,533	18,545
Stage 2 | Loans and advances to customers | Stage 3
Disclosure of financial assets [line items]
Transfers to Stage 3	(1,710)	(2,507)
Stage 3
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	5,998
Allowance for expected credit losses beginning balance	(5,998)
Gross carrying amount ending balance	6,267	5,998
Allowance for expected credit losses ending balance	(6,267)	(5,998)
Charge/(credit) for methodology and model changes in financial assets	(4)	(1)
Stage 3 | Loans and advances to customers
Disclosure of financial assets [line items]
Impact of transfers between stages	1,670	3,101
Recoveries of advances written off in previous years	£ 69	£ 116
Stage 3 | Loans and advances to customers | Loans and advances to customers
Disclosure of financial assets [line items]
Expected credit loss PD (as a percent)	14.70%	15.90%
Stage 3 | Loans and advances to customers | Stage 1
Disclosure of financial assets [line items]
Transfers to Stage 1	£ (70)	£ (38)
Stage 3 | Loans and advances to customers | Stage 2
Disclosure of financial assets [line items]
Transfers to Stage 2	(478)	(582)
Stage 3 | Loans and advances to customers | Stage 3
Disclosure of financial assets [line items]
Transfers to Stage 3	2,218	3,721
POCI
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	7,641
Allowance for expected credit losses beginning balance	(7,641)
Gross carrying amount ending balance	6,993	7,641
Allowance for expected credit losses ending balance	(6,993)	(7,641)
Charge/(credit) for methodology and model changes in financial assets	(4)	(2)
POCI | Loans and advances to customers
Disclosure of financial assets [line items]
Recoveries of advances written off in previous years	£ 0	£ 0
POCI | Loans and advances to customers | Loans and advances to customers
Disclosure of financial assets [line items]
Expected credit loss PD (as a percent)	3.10%	2.70%
Gross carrying amount
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	£ 436,817	£ 440,102
Allowance for expected credit losses beginning balance	(436,817)	(440,102)
Gross carrying amount ending balance	438,624	436,817
Allowance for expected credit losses ending balance	(438,624)	(436,817)
Gross carrying amount | Loans and advances to customers
Disclosure of financial assets [line items]
Exchange and other adjustments	(1,074)	2,434
Exchange and other adjustments	1,074	(2,434)
Acquisition of portfolios	4,397	836
Additions and repayments	(4,397)	(836)
Disposals and derecognition	962	5,442
Disposals and derecognition	(962)	(5,442)
Advances written off	(623)	(1,229)
Advances written off	623	1,229
Gross carrying amount | Stage 1
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	368,859	362,766
Allowance for expected credit losses beginning balance	(368,859)	(362,766)
Gross carrying amount ending balance	381,289	368,859
Allowance for expected credit losses ending balance	(381,289)	(368,859)
Gross carrying amount | Stage 1 | Loans and advances to customers
Disclosure of financial assets [line items]
Exchange and other adjustments	(1,062)	2,432
Exchange and other adjustments	1,062	(2,432)
Acquisition of portfolios	8,751	8,168
Additions and repayments	(8,751)	(8,168)
Disposals and derecognition	449	3,685
Disposals and derecognition	(449)	(3,685)
Gross carrying amount | Stage 2
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	52,973	60,103
Allowance for expected credit losses beginning balance	(52,973)	(60,103)
Gross carrying amount ending balance	42,774	52,973
Allowance for expected credit losses ending balance	(42,774)	(52,973)
Gross carrying amount | Stage 2 | Loans and advances to customers
Disclosure of financial assets [line items]
Exchange and other adjustments	(13)	(8)
Exchange and other adjustments	13	8
Acquisition of portfolios	(3,120)	(3,951)
Additions and repayments	3,120	3,951
Disposals and derecognition	206	892
Disposals and derecognition	(206)	(892)
Gross carrying amount | Stage 3
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	7,131	7,611
Allowance for expected credit losses beginning balance	(7,131)	(7,611)
Gross carrying amount ending balance	7,343	7,131
Allowance for expected credit losses ending balance	(7,343)	(7,131)
Gross carrying amount | Stage 3 | Loans and advances to customers
Disclosure of financial assets [line items]
Exchange and other adjustments	(6)	(8)
Exchange and other adjustments	6	8
Acquisition of portfolios	(816)	(2,338)
Additions and repayments	816	2,338
Disposals and derecognition	88	122
Disposals and derecognition	(88)	(122)
Advances written off	(617)	(1,229)
Advances written off	617	1,229
Gross carrying amount | POCI
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	7,854	9,622
Allowance for expected credit losses beginning balance	(7,854)	(9,622)
Gross carrying amount ending balance	7,218	7,854
Allowance for expected credit losses ending balance	(7,218)	(7,854)
Gross carrying amount | POCI | Loans and advances to customers
Disclosure of financial assets [line items]
Exchange and other adjustments	7	18
Exchange and other adjustments	(7)	(18)
Acquisition of portfolios	(418)	(1,043)
Additions and repayments	418	1,043
Disposals and derecognition	219	743
Disposals and derecognition	(219)	(743)
Advances written off	(6)	0
Advances written off	6	0
Allowance for expected credit losses
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	(3,693)	(4,475)
Allowance for expected credit losses beginning balance	3,693	4,475
Gross carrying amount ending balance	(3,314)	(3,693)
Allowance for expected credit losses ending balance	3,314	3,693
Allowance for expected credit losses | Loans and advances to customers
Disclosure of financial assets [line items]
Exchange and other adjustments	(26)	(164)
Exchange and other adjustments	26	164
Acquisition of portfolios	248	934
Additions and repayments	(248)	(934)
Disposals and derecognition	(20)	(171)
Disposals and derecognition	20	171
Advances written off	623	1,229
Advances written off	(623)	(1,229)
Allowance for expected credit losses | Stage 1
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	(885)	(678)
Allowance for expected credit losses beginning balance	885	678
Gross carrying amount ending balance	(765)	(885)
Allowance for expected credit losses ending balance	765	885
Allowance for expected credit losses | Stage 1 | Loans and advances to customers
Disclosure of financial assets [line items]
Exchange and other adjustments	6	8
Exchange and other adjustments	(6)	(8)
Acquisition of portfolios	5	(90)
Additions and repayments	(5)	90
Disposals and derecognition	(1)	(54)
Disposals and derecognition	1	54
Allowance for expected credit losses | Stage 2
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	(1,462)	(1,792)
Allowance for expected credit losses beginning balance	1,462	1,792
Gross carrying amount ending balance	(1,248)	(1,462)
Allowance for expected credit losses ending balance	1,248	1,462
Allowance for expected credit losses | Stage 2 | Loans and advances to customers
Disclosure of financial assets [line items]
Exchange and other adjustments	5
Exchange and other adjustments	(5)
Acquisition of portfolios	99	81
Additions and repayments	(99)	(81)
Disposals and derecognition	(4)	(59)
Disposals and derecognition	4	59
Allowance for expected credit losses | Stage 2 | Loans and advances to customers
Disclosure of financial assets [line items]
Exchange and other adjustments		1
Exchange and other adjustments		(1)
Allowance for expected credit losses | Stage 3
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	(1,133)	(1,752)
Allowance for expected credit losses beginning balance	1,133	1,752
Gross carrying amount ending balance	(1,076)	(1,133)
Allowance for expected credit losses ending balance	1,076	1,133
Allowance for expected credit losses | Stage 3 | Loans and advances to customers
Disclosure of financial assets [line items]
Exchange and other adjustments	(14)	(106)
Exchange and other adjustments	14	106
Acquisition of portfolios	115	862
Additions and repayments	(115)	(862)
Disposals and derecognition	(7)	(24)
Disposals and derecognition	7	24
Advances written off	617	1,229
Advances written off	(617)	(1,229)
Allowance for expected credit losses | POCI
Disclosure of financial assets [line items]
Gross carrying amount beginning balance	(213)	(253)
Allowance for expected credit losses beginning balance	213	253
Gross carrying amount ending balance	(225)	(213)
Allowance for expected credit losses ending balance	225	213
Allowance for expected credit losses | POCI | Loans and advances to customers
Disclosure of financial assets [line items]
Exchange and other adjustments	(23)	(67)
Exchange and other adjustments	23	67
Acquisition of portfolios	29	81
Additions and repayments	(29)	(81)
Disposals and derecognition	(8)	(34)
Disposals and derecognition	8	34
Advances written off	6	0
Advances written off	£ (6)	£ 0

Loans and advances to custome_4

Loans and advances to customers - Narrative (Details) - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Disclosure of financial assets [line items]
Loans and advances to customers	£ (435,310)	£ (433,124)
Allowance for expected credit losses
Disclosure of financial assets [line items]
Loans and advances to customers	3,314	3,693	£ 4,475
Residual value and voluntary terminations | Allowance for expected credit losses
Disclosure of financial assets [line items]
Loans and advances to customers	£ 185	£ 187

Credit quality of loans and a_3

Credit quality of loans and advances to customers (Details) - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	£ 435,310	£ 433,124
Gross drawn exposures
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	438,624	436,817
Gross drawn exposures | Total Retail
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	367,499	363,870
Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	307,910	307,320
Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	16,220	15,817
Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	9,660	8,486
Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	16,590	15,680
Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	17,119	16,567
Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	72,107	73,248
Allowance for expected credit losses
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	3,314	3,693
Allowance for expected credit losses | Total Retail
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,444	2,691
Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	963	1,105
Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	603	699
Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	440	460
Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	361	340
Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	77	87
Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	870	1,002
Stage 1 | Gross drawn exposures
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	381,289	368,859
Stage 1 | Gross drawn exposures | Total Retail
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	318,517	305,763
Stage 1 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	266,308	256,596
Stage 1 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	13,329	12,625
Stage 1 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	8,261	7,103
Stage 1 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	14,185	13,541
Stage 1 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	16,434	15,898
Stage 1 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	63,754	63,397
Stage 1 | Allowance for expected credit losses
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	765	885
Stage 1 | Allowance for expected credit losses | Total Retail
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	558	668
Stage 1 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	81	161
Stage 1 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	146	168
Stage 1 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	136	134
Stage 1 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	182	186
Stage 1 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	13	19
Stage 1 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	207	217
Stage 2 | Gross drawn exposures
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	42,774	52,973
Stage 2 | Gross drawn exposures | Total Retail
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	36,466	45,180
Stage 2 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	29,842	38,533
Stage 2 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,601	2,908
Stage 2 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1,213	1,187
Stage 2 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,288	2,027
Stage 2 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	522	525
Stage 2 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	6,308	7,793
Stage 2 | Allowance for expected credit losses
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1,248	1,462
Stage 2 | Allowance for expected credit losses | Total Retail
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	975	1,095
Stage 2 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	326	374
Stage 2 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	324	401
Stage 2 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	194	208
Stage 2 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	112	91
Stage 2 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	19	21
Stage 2 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	273	367
Stage 3 | Gross drawn exposures
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	7,343	7,131
Stage 3 | Gross drawn exposures | Total Retail
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	5,298	5,073
Stage 3 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	4,542	4,337
Stage 3 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	290	284
Stage 3 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	186	196
Stage 3 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	117	112
Stage 3 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	163	144
Stage 3 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,045	2,058
Stage 3 | Allowance for expected credit losses
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1,076	1,133
Stage 3 | Allowance for expected credit losses | Total Retail
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	686	715
Stage 3 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	331	357
Stage 3 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	133	130
Stage 3 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	110	118
Stage 3 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	67	63
Stage 3 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	45	47
Stage 3 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	390	418
POCI | Gross drawn exposures
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	7,218	7,854
POCI | Gross drawn exposures | Total Retail
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	7,218	7,854
POCI | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	7,218	7,854
POCI | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
POCI | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
POCI | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
POCI | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
POCI | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
POCI | Allowance for expected credit losses
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	225	213
POCI | Allowance for expected credit losses | Total Retail
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	225	213
POCI | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	225	213
POCI | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
POCI | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
POCI | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
POCI | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
POCI | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS | Gross drawn exposures | Other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	(982)	(301)
CMS | Allowance for expected credit losses | Other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS | Stage 1 | Gross drawn exposures | Other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	(982)	(301)
CMS | Stage 1 | Allowance for expected credit losses | Other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS | Stage 2 | Gross drawn exposures | Other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS | Stage 2 | Allowance for expected credit losses | Other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS | Stage 3 | Gross drawn exposures | Other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS | Stage 3 | Allowance for expected credit losses | Other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS | POCI | Gross drawn exposures | Other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS | POCI | Allowance for expected credit losses | Other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 1–5 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	13,625	12,145
CMS 1–5 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1	2
CMS 1–5 | Stage 1 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	13,625	12,145
CMS 1–5 | Stage 1 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1	2
CMS 1–5 | Stage 2 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 1–5 | Stage 2 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 1–5 | Stage 3 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 1–5 | Stage 3 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 1–5 | POCI | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers		0
CMS 1–5 | POCI | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers		0
CMS 6–10 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	13,790	17,380
CMS 6–10 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	12	23
CMS 6–10 | Stage 1 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	13,731	17,259
CMS 6–10 | Stage 1 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	12	23
CMS 6–10 | Stage 2 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	59	121
CMS 6–10 | Stage 2 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 6–10 | Stage 3 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 6–10 | Stage 3 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 6–10 | POCI | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 6–10 | POCI | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 11–14 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	34,133	33,159
CMS 11–14 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	153	186
CMS 11–14 | Stage 1 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	32,113	30,366
CMS 11–14 | Stage 1 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	125	129
CMS 11–14 | Stage 2 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,020	2,793
CMS 11–14 | Stage 2 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	28	57
CMS 11–14 | Stage 3 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 11–14 | Stage 3 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 11–14 | POCI | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 11–14 | POCI | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 15–18 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	7,856	7,688
CMS 15–18 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	257	292
CMS 15–18 | Stage 1 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	4,255	3,618
CMS 15–18 | Stage 1 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	69	63
CMS 15–18 | Stage 2 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	3,601	4,070
CMS 15–18 | Stage 2 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	188	229
CMS 15–18 | Stage 3 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 15–18 | Stage 3 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 15–18 | POCI | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 15–18 | POCI | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 19 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	658	818
CMS 19 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	57	81
CMS 19 | Stage 1 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	30	9
CMS 19 | Stage 1 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 19 | Stage 2 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	628	809
CMS 19 | Stage 2 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	57	81
CMS 19 | Stage 3 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 19 | Stage 3 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 19 | POCI | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 19 | POCI | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 20–23 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,045	2,058
CMS 20–23 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	390	418
CMS 20–23 | Stage 1 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers		0
CMS 20–23 | Stage 1 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 20–23 | Stage 2 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 20–23 | Stage 2 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 20–23 | Stage 3 | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,045	2,058
CMS 20–23 | Stage 3 | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	390	418
CMS 20–23 | POCI | Gross drawn exposures | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
CMS 20–23 | POCI | Allowance for expected credit losses | Commercial Banking
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	254,182	230,877
RMS 1–3 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	4,668	3,911
RMS 1–3 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	856	639
RMS 1–3 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	10,624	10,548
RMS 1–3 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	14,403	13,853
RMS 1–3 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	105	160
RMS 1–3 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	9	9
RMS 1–3 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2	1
RMS 1–3 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	146	154
RMS 1–3 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	7	7
RMS 1–3 | Stage 1 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	245,910	226,740
RMS 1–3 | Stage 1 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	4,665	3,906
RMS 1–3 | Stage 1 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	855	638
RMS 1–3 | Stage 1 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	9,978	9,979
RMS 1–3 | Stage 1 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	14,153	13,613
RMS 1–3 | Stage 1 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	54	123
RMS 1–3 | Stage 1 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	9	9
RMS 1–3 | Stage 1 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2	1
RMS 1–3 | Stage 1 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	132	142
RMS 1–3 | Stage 1 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	3	3
RMS 1–3 | Stage 2 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	8,272	4,137
RMS 1–3 | Stage 2 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	3	5
RMS 1–3 | Stage 2 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1	1
RMS 1–3 | Stage 2 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	646	569
RMS 1–3 | Stage 2 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	250	240
RMS 1–3 | Stage 2 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	51	37
RMS 1–3 | Stage 2 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Stage 2 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Stage 2 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	14	12
RMS 1–3 | Stage 2 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	4	4
RMS 1–3 | Stage 3 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Stage 3 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Stage 3 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Stage 3 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Stage 3 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Stage 3 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Stage 3 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Stage 3 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Stage 3 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | Stage 3 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | POCI | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | POCI | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | POCI | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | POCI | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | POCI | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | POCI | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | POCI | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | POCI | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | POCI | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 1–3 | POCI | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	35,822	56,674
RMS 4–6 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	8,542	8,407
RMS 4–6 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	6,646	5,402
RMS 4–6 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	4,839	3,789
RMS 4–6 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,367	2,383
RMS 4–6 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	135	189
RMS 4–6 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	141	156
RMS 4–6 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	116	101
RMS 4–6 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	80	70
RMS 4–6 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	20	29
RMS 4–6 | Stage 1 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	20,300	29,637
RMS 4–6 | Stage 1 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	7,357	7,159
RMS 4–6 | Stage 1 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	6,209	5,152
RMS 4–6 | Stage 1 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	3,747	2,791
RMS 4–6 | Stage 1 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,200	2,197
RMS 4–6 | Stage 1 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	26	38
RMS 4–6 | Stage 1 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	85	91
RMS 4–6 | Stage 1 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	89	83
RMS 4–6 | Stage 1 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	46	41
RMS 4–6 | Stage 1 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	10	16
RMS 4–6 | Stage 2 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	15,522	27,037
RMS 4–6 | Stage 2 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1,185	1,248
RMS 4–6 | Stage 2 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	437	250
RMS 4–6 | Stage 2 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1,092	998
RMS 4–6 | Stage 2 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	167	186
RMS 4–6 | Stage 2 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	109	151
RMS 4–6 | Stage 2 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	56	65
RMS 4–6 | Stage 2 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	27	18
RMS 4–6 | Stage 2 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	34	29
RMS 4–6 | Stage 2 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	10	13
RMS 4–6 | Stage 3 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | Stage 3 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | Stage 3 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | Stage 3 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | Stage 3 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | Stage 3 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | Stage 3 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | Stage 3 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | Stage 3 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | Stage 3 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | POCI | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | POCI | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | POCI | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | POCI | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | POCI | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | POCI | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | POCI | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | POCI | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | POCI | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 4–6 | POCI | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,099	2,932
RMS 7–9 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,221	2,617
RMS 7–9 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1,500	1,729
RMS 7–9 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	730	997
RMS 7–9 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	90	86
RMS 7–9 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	36	37
RMS 7–9 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	168	212
RMS 7–9 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	81	94
RMS 7–9 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	20	16
RMS 7–9 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	5	4
RMS 7–9 | Stage 1 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	98	219
RMS 7–9 | Stage 1 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1,303	1,548
RMS 7–9 | Stage 1 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1,153	1,256
RMS 7–9 | Stage 1 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	458	769
RMS 7–9 | Stage 1 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Stage 1 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1	0
RMS 7–9 | Stage 1 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	52	67
RMS 7–9 | Stage 1 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	41	44
RMS 7–9 | Stage 1 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	4	3
RMS 7–9 | Stage 1 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Stage 2 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2,001	2,713
RMS 7–9 | Stage 2 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	918	1,069
RMS 7–9 | Stage 2 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	347	473
RMS 7–9 | Stage 2 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	272	228
RMS 7–9 | Stage 2 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	90	86
RMS 7–9 | Stage 2 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	35	37
RMS 7–9 | Stage 2 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	116	145
RMS 7–9 | Stage 2 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	40	50
RMS 7–9 | Stage 2 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	16	13
RMS 7–9 | Stage 2 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	5	4
RMS 7–9 | Stage 3 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Stage 3 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Stage 3 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Stage 3 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Stage 3 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Stage 3 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Stage 3 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Stage 3 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Stage 3 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | Stage 3 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | POCI | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | POCI | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | POCI | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | POCI | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | POCI | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | POCI | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | POCI | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | POCI | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | POCI | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 7–9 | POCI | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	973	590
RMS 10 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	170	232
RMS 10 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	152	178
RMS 10 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	91	63
RMS 10 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	5	6
RMS 10 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	23	13
RMS 10 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	35	51
RMS 10 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	26	31
RMS 10 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	11	7
RMS 10 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 1 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 1 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	4	12
RMS 10 | Stage 1 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	34	43
RMS 10 | Stage 1 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 1 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 1 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 1 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	1
RMS 10 | Stage 1 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	3	4
RMS 10 | Stage 1 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 1 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 2 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	973	590
RMS 10 | Stage 2 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	166	220
RMS 10 | Stage 2 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	118	135
RMS 10 | Stage 2 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	91	63
RMS 10 | Stage 2 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	5	6
RMS 10 | Stage 2 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	23	13
RMS 10 | Stage 2 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	35	50
RMS 10 | Stage 2 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	23	27
RMS 10 | Stage 2 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	11	7
RMS 10 | Stage 2 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 3 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 3 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 3 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 3 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 3 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 3 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 3 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 3 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 3 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | Stage 3 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | POCI | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | POCI | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | POCI | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | POCI | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | POCI | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | POCI | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | POCI | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | POCI | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | POCI | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 10 | POCI | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	3,074	4,056
RMS 11–13 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	329	366
RMS 11–13 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	320	342
RMS 11–13 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	189	171
RMS 11–13 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	91	95
RMS 11–13 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	108	136
RMS 11–13 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	117	141
RMS 11–13 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	105	115
RMS 11–13 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	37	30
RMS 11–13 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 1 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 1 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 1 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	10	14
RMS 11–13 | Stage 1 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	2	2
RMS 11–13 | Stage 1 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	81	88
RMS 11–13 | Stage 1 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 1 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 1 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	1	2
RMS 11–13 | Stage 1 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 1 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 2 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	3,074	4,056
RMS 11–13 | Stage 2 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	329	366
RMS 11–13 | Stage 2 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	310	328
RMS 11–13 | Stage 2 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	187	169
RMS 11–13 | Stage 2 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	10	7
RMS 11–13 | Stage 2 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	108	136
RMS 11–13 | Stage 2 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	117	141
RMS 11–13 | Stage 2 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	104	113
RMS 11–13 | Stage 2 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	37	30
RMS 11–13 | Stage 2 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 3 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 3 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 3 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 3 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 3 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 3 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 3 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 3 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 3 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | Stage 3 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | POCI | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | POCI | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | POCI | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | POCI | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | POCI | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | POCI | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | POCI | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | POCI | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | POCI | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 11–13 | POCI | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	11,760	12,191
RMS 14 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	290	284
RMS 14 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	186	196
RMS 14 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	117	112
RMS 14 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	163	144
RMS 14 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	556	570
RMS 14 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	133	130
RMS 14 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	110	118
RMS 14 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	67	63
RMS 14 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	45	47
RMS 14 | Stage 1 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 1 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 1 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 1 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 1 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 1 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 1 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 1 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 1 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 1 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 2 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 2 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 2 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 2 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 2 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 2 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 2 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 2 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 2 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 2 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | Stage 3 | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	4,542	4,337
RMS 14 | Stage 3 | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	290	284
RMS 14 | Stage 3 | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	186	196
RMS 14 | Stage 3 | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	117	112
RMS 14 | Stage 3 | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	163	144
RMS 14 | Stage 3 | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	331	357
RMS 14 | Stage 3 | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	133	130
RMS 14 | Stage 3 | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	110	118
RMS 14 | Stage 3 | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	67	63
RMS 14 | Stage 3 | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	45	47
RMS 14 | POCI | Gross drawn exposures | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	7,218	7,854
RMS 14 | POCI | Gross drawn exposures | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | POCI | Gross drawn exposures | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | POCI | Gross drawn exposures | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | POCI | Gross drawn exposures | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | POCI | Allowance for expected credit losses | Retail – UK mortgages
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	225	213
RMS 14 | POCI | Allowance for expected credit losses | Retail – credit cards
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | POCI | Allowance for expected credit losses | Retail – UK unsecured loans and overdrafts
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | POCI | Allowance for expected credit losses | Retail – UK Motor Finance
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	0	0
RMS 14 | POCI | Allowance for expected credit losses | Retail – other
Schedule Of Credit Quality Of Assets [Line Items]
Loans and advances to customers	£ 0	£ 0

Allowance for expected credit_3

Allowance for expected credit losses - Disclosure of Application of Judgement in Adjustments to Modelled ECL (Details) - Allowance for expected credit losses - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	£ 3,596	£ 4,021
Modelled ECL
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	3,332	3,652
Individually assessed
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	322	340
Inflationary and interest rate risk
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	35	185
Judgements due to other
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	(93)	(156)
UK mortgages
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	971	1,115
UK mortgages | Modelled ECL
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	806	991
UK mortgages | Individually assessed
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	0	0
UK mortgages | Inflationary and interest rate risk
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	23	61
UK mortgages | Judgements due to other
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	142	63
Credit cards
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	700	810
Credit cards | Modelled ECL
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	679	703
Credit cards | Individually assessed
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	0	0
Credit cards | Inflationary and interest rate risk
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	6	92
Credit cards | Judgements due to other
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	15	15
Retail excluding UK mortgages
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	942	945
Retail excluding UK mortgages | Modelled ECL
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	878	867
Retail excluding UK mortgages | Individually assessed
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	0	0
Retail excluding UK mortgages | Inflationary and interest rate risk
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	6	32
Retail excluding UK mortgages | Judgements due to other
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	58	46
Commercial Banking
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	982	1,150
Commercial Banking | Modelled ECL
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	968	1,090
Commercial Banking | Individually assessed
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	322	340
Commercial Banking | Inflationary and interest rate risk
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	0	0
Commercial Banking | Judgements due to other
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	(308)	(280)
Other
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	1	1
Other | Modelled ECL
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	1	1
Other | Individually assessed
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	0	0
Other | Inflationary and interest rate risk
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	0	0
Other | Judgements due to other
Schedule Of Allowance Account For Credit Losses Of Financial Assets [Line Items]
Allowance for expected credit losses	£ 0	£ 0

Allowance for expected credit_4

Allowance for expected credit losses - Narrative (Details) - Allowance for expected credit losses - GBP (£) £ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	£ 3,596	£ 4,021
Judgements due to other
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	(93)	(156)
Inflationary and interest rate risk
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	35	185
Commercial Banking
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	982	1,150
Commercial Banking | Commercial Real Estate Price Reduction | Other Judgements
Allowance For Impairment Losses [Line Items]
Increase (decrease) in financial assets	(53)	(65)
Commercial Banking | Corporate insolvency rates | Other Judgements
Allowance For Impairment Losses [Line Items]
Increase (decrease) in financial assets	(297)	(287)
Commercial Banking | Loss given default alignment (LGD) | Other Judgements
Allowance For Impairment Losses [Line Items]
Increase (decrease) in financial assets	(90)	(105)
Commercial Banking | Judgements due to other
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	(308)	(280)
Commercial Banking | Inflationary and interest rate risk
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	0	0
UK mortgages
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	971	1,115
UK mortgages | Mortgage Accounts In Long Term Default | Other Judgements
Allowance For Impairment Losses [Line Items]
Increase (decrease) in financial assets	98	106
UK mortgages | Judgements due to other
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	142	63
UK mortgages | Inflationary and interest rate risk
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	23	61
UK mortgages | Single Point Of Loss (SPOL) Model Limitation | Other Judgements
Allowance For Impairment Losses [Line Items]
Increase (decrease) in financial assets	46	0
Credit cards
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	700	810
Credit cards | Judgements due to other
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	15	15
Credit cards | Inflationary and interest rate risk
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	6	92
Credit cards | Extension of modelled lifetime on retail revolving products | Other Judgements
Allowance For Impairment Losses [Line Items]
Increase (decrease) in financial assets	60	67
Credit cards | Credit Card Loss Given Default Alignment | Other Judgements
Allowance For Impairment Losses [Line Items]
Increase (decrease) in financial assets	(50)	(50)
Retail excluding UK mortgages
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	942	945
Retail excluding UK mortgages | Judgements due to other
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	58	46
Retail excluding UK mortgages | Inflationary and interest rate risk
Allowance For Impairment Losses [Line Items]
Allowance for expected credit losses	6	32
Retail excluding UK mortgages | Extension of modelled lifetime on retail revolving products | Other Judgements
Allowance For Impairment Losses [Line Items]
Increase (decrease) in financial assets	10	10
Retail excluding UK mortgages | Credit Card Loss Given Default Alignment | Other Judgements
Allowance For Impairment Losses [Line Items]
Increase (decrease) in financial assets	18	37
Probability weighted relative to base case
Allowance For Impairment Losses [Line Items]
Increase (decrease) in financial assets	£ (464)	£ (673)

Allowance for expected credit_5

Allowance for expected credit losses - Disclosure of Generation of Multiple Economic Assumptions by Quarter and by Year (Details)	Jun. 30, 2024	Dec. 31, 2023
Upside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.60%	1.40%
Unemployment rate	3.20%	3.30%
House price growth	5.10%	4.70%
Commercial real estate price growth	3.40%	2.20%
UK Bank Rate	5.31%	5.37%
CPI inflation	2.60%	3.90%
Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.30%	1.10%
Unemployment rate	4.70%	4.90%
House price growth	1.50%	1%
Commercial real estate price growth	0.50%	(0.90%)
UK Bank Rate	3.98%	4.08%
CPI inflation	2.30%	3.50%
Downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.80%	0.50%
Unemployment rate	6.70%	6.80%
House price growth	(3.10%)	(3.40%)
Commercial real estate price growth	(3.50%)	(4.40%)
UK Bank Rate	2.13%	2.51%
CPI inflation	1.90%	3.20%
Severe downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.20%	0.10%
Unemployment rate	9%	8.80%
House price growth	(7.90%)	(8.20%)
Commercial real estate price growth	(8.60%)	(10.30%)
UK Bank Rate – modelled	1.23%	1.67%
UK Bank Rate – adjusted1	2.89%	4.56%
CPI inflation – modelled	1.40%	2.60%
CPI inflation – adjusted1	1.90%	4.20%
Probability-weighted
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.20%	0.90%
Unemployment rate	5.30%	5.40%
House price growth	0.30%	(0.10%)
Commercial real estate price growth	(0.70%)	(1.90%)
UK Bank Rate – modelled	3.55%	3.75%
UK Bank Rate – adjusted1	3.71%	4.04%
CPI inflation – modelled	2.20%	3.40%
CPI inflation – adjusted1	2.20%	3.60%
2023 | Upside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth		0.30%
Unemployment rate		4%
House price growth		1.90%
Commercial real estate price growth		(3.90%)
UK Bank Rate		4.94%
CPI inflation		7.30%
2023 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth		0.30%
Unemployment rate		4.20%
House price growth		1.40%
Commercial real estate price growth		(5.10%)
UK Bank Rate		4.94%
CPI inflation		7.30%
2023 | Downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth		0.20%
Unemployment rate		4.30%
House price growth		1.30%
Commercial real estate price growth		(6.00%)
UK Bank Rate		4.94%
CPI inflation		7.30%
2023 | Severe downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth		0.10%
Unemployment rate		4.50%
House price growth		0.60%
Commercial real estate price growth		(7.70%)
UK Bank Rate – modelled		4.94%
UK Bank Rate – adjusted1		4.94%
CPI inflation – modelled		7.30%
CPI inflation – adjusted1		7.60%
2023 | Probability-weighted
Allowance For Impairment Losses [Line Items]
Gross domestic product growth		0.30%
Unemployment rate		4.20%
House price growth		1.40%
Commercial real estate price growth		(5.30%)
UK Bank Rate – modelled		4.94%
UK Bank Rate – adjusted1		4.94%
CPI inflation – modelled		7.30%
CPI inflation – adjusted1		7.40%
2023 Q1 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth		0.30%
Unemployment rate		3.90%
House price growth		1.60%
Commercial real estate price growth		(18.80%)
UK Bank Rate		4.25%
CPI inflation		10.20%
2023 Q2 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth		0%
Unemployment rate		4.20%
House price growth		(2.60%)
Commercial real estate price growth		(21.20%)
UK Bank Rate		5%
CPI inflation		8.40%
2023 Q3 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth		(0.10%)
Unemployment rate		4.20%
House price growth		(4.50%)
Commercial real estate price growth		(18.20%)
UK Bank Rate		5.25%
CPI inflation		6.70%
2023 Q4 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth		0%
Unemployment rate		4.30%
House price growth		1.40%
Commercial real estate price growth		(5.10%)
UK Bank Rate		5.25%
CPI inflation		4%
2024 | Upside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.10%	1.50%
Unemployment rate	4.10%	3.30%
House price growth	2.20%	0.80%
Commercial real estate price growth	2.20%	9%
UK Bank Rate	5.17%	5.72%
CPI inflation	2.50%	2.70%
2024 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.80%	0.50%
Unemployment rate	4.50%	4.90%
House price growth	1.20%	(2.20%)
Commercial real estate price growth	(1.60%)	(0.20%)
UK Bank Rate	5.06%	4.88%
CPI inflation	2.50%	2.70%
2024 | Downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.60%	(1.00%)
Unemployment rate	4.90%	6.50%
House price growth	0.60%	(4.50%)
Commercial real estate price growth	(4.70%)	(8.70%)
UK Bank Rate	4.97%	3.95%
CPI inflation	2.50%	2.80%
2024 | Severe downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.10%	(2.30%)
Unemployment rate	5.50%	8.70%
House price growth	(0.70%)	(7.60%)
Commercial real estate price growth	(9.10%)	(19.50%)
UK Bank Rate – modelled	4.81%	2.75%
UK Bank Rate – adjusted1	5.09%	6.56%
CPI inflation – modelled	2.60%	2.70%
CPI inflation – adjusted1	2.90%	7.50%
2024 | Probability-weighted
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.80%	0.10%
Unemployment rate	4.60%	5.30%
House price growth	1.10%	(2.50%)
Commercial real estate price growth	(2.10%)	(1.90%)
UK Bank Rate – modelled	5.04%	4.64%
UK Bank Rate – adjusted1	5.07%	5.02%
CPI inflation – modelled	2.50%	2.70%
CPI inflation – adjusted1	2.60%	3.20%
2024 Q1 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.60%	0.10%
Unemployment rate	4.30%	4.50%
House price growth	0.40%	(1.10%)
Commercial real estate price growth	(5.30%)	(4.10%)
UK Bank Rate	5.25%	5.25%
CPI inflation	3.50%	3.80%
2024 Q2 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.40%	0.20%
Unemployment rate	4.50%	4.80%
House price growth	1%	(1.50%)
Commercial real estate price growth	(5.30%)	(3.80%)
UK Bank Rate	5.25%	5%
CPI inflation	2.10%	2.10%
2024 Q3 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.30%	0.30%
Unemployment rate	4.60%	5%
House price growth	3.80%	0.50%
Commercial real estate price growth	(3.50%)	(2.20%)
UK Bank Rate	5%	4.75%
CPI inflation	2%	2.30%
2024 Q4 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.20%	0.30%
Unemployment rate	4.70%	5.20%
House price growth	1.20%	(2.20%)
Commercial real estate price growth	(1.60%)	(0.20%)
UK Bank Rate	4.75%	4.50%
CPI inflation	2.50%	2.80%
2025 | Upside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	2.30%	1.70%
Unemployment rate	3.20%	3.10%
House price growth	5%	6.90%
Commercial real estate price growth	8.70%	3.80%
UK Bank Rate	5.30%	5.61%
CPI inflation	2.50%	3.10%
2025 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.20%	1.20%
Unemployment rate	4.80%	5.20%
House price growth	1.40%	0.50%
Commercial real estate price growth	1.20%	0.10%
UK Bank Rate	4.19%	4%
CPI inflation	2.50%	2.90%
2025 | Downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	(0.50%)	(0.10%)
Unemployment rate	6.90%	7.80%
House price growth	(1.80%)	(6.00%)
Commercial real estate price growth	(6.70%)	(4.00%)
UK Bank Rate	2.77%	1.96%
CPI inflation	2.40%	2.70%
2025 | Severe downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	(2.20%)	(0.50%)
Unemployment rate	9.40%	10.40%
House price growth	(4.80%)	(13.30%)
Commercial real estate price growth	(15.10%)	(10.60%)
UK Bank Rate – modelled	1.12%	0.49%
UK Bank Rate – adjusted1	3.22%	4.56%
CPI inflation – modelled	2.40%	2.20%
CPI inflation – adjusted1	3.20%	3.50%
2025 | Probability-weighted
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.70%	0.80%
Unemployment rate	5.40%	5.90%
House price growth	0.90%	(0.90%)
Commercial real estate price growth	(0.50%)	(1.10%)
UK Bank Rate – modelled	3.79%	3.52%
UK Bank Rate – adjusted1	4%	3.93%
CPI inflation – modelled	2.50%	2.80%
CPI inflation – adjusted1	2.60%	3%
2025 Q1 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.30%
Unemployment rate	4.80%
House price growth	0.90%
Commercial real estate price growth	(0.90%)
UK Bank Rate	4.50%
CPI inflation	2.20%
2025 Q2 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.30%
Unemployment rate	4.90%
House price growth	1.30%
Commercial real estate price growth	0.20%
UK Bank Rate	4.25%
CPI inflation	2.70%
2025 Q3 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.40%
Unemployment rate	4.90%
House price growth	1.30%
Commercial real estate price growth	(0.20%)
UK Bank Rate	4%
CPI inflation	2.60%
2025 Q4 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.40%
Unemployment rate	4.80%
House price growth	1.40%
Commercial real estate price growth	1.20%
UK Bank Rate	4%
CPI inflation	2.40%
2026 | Upside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.70%	1.70%
Unemployment rate	3%	3.10%
House price growth	7.30%	7.20%
Commercial real estate price growth	2.40%	1.30%
UK Bank Rate	5.17%	5.38%
CPI inflation	2.40%	3.20%
2026 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.60%	1.70%
Unemployment rate	4.80%	5.20%
House price growth	1%	1.60%
Commercial real estate price growth	0%	0%
UK Bank Rate	3.63%	3.50%
CPI inflation	2.10%	2.50%
2026 | Downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.80%	1.50%
Unemployment rate	7.50%	7.90%
House price growth	(6.50%)	(5.60%)
Commercial real estate price growth	(4.10%)	(2.10%)
UK Bank Rate	1.38%	1.13%
CPI inflation	1.80%	1.80%
2026 | Severe downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	0.40%	1.30%
Unemployment rate	10.20%	10.50%
House price growth	(13.90%)	(12.70%)
Commercial real estate price growth	(8.60%)	(7.70%)
UK Bank Rate – modelled	0.16%	0.13%
UK Bank Rate – adjusted1	2.33%	3.63%
CPI inflation – modelled	1.30%	0.90%
CPI inflation – adjusted1	1.60%	1.30%
2026 | Probability-weighted
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.30%	1.60%
Unemployment rate	5.60%	5.90%
House price growth	(0.90%)	(0.30%)
Commercial real estate price growth	(1.30%)	(1.00%)
UK Bank Rate – modelled	3.07%	3.02%
UK Bank Rate – adjusted1	3.29%	3.37%
CPI inflation – modelled	2.10%	2.30%
CPI inflation – adjusted1	2.10%	2.40%
2027 | Upside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.50%	1.90%
Unemployment rate	2.90%	3.10%
House price growth	6%	6.80%
Commercial real estate price growth	2.80%	1.30%
UK Bank Rate	5.33%	5.18%
CPI inflation	2.70%	3.10%
2027 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.60%	1.90%
Unemployment rate	4.60%	5%
House price growth	1.40%	3.50%
Commercial real estate price growth	1.90%	0.80%
UK Bank Rate	3.50%	3.06%
CPI inflation	2.10%	2.20%
2027 | Downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.50%	2%
Unemployment rate	7.40%	7.60%
House price growth	(5.40%)	(1.70%)
Commercial real estate price growth	(0.80%)	(1.20%)
UK Bank Rate	0.89%	0.55%
CPI inflation	1.40%	1.10%
2027 | Severe downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.20%	1.80%
Unemployment rate	10.10%	10.10%
House price growth	(11.80%)	(7.50%)
Commercial real estate price growth	(5.30%)	(5.20%)
UK Bank Rate – modelled	0.05%	0.03%
UK Bank Rate – adjusted1	2.02%	3.13%
CPI inflation – modelled	0.50%	(0.20%)
CPI inflation – adjusted1	0.90%	1%
2027 | Probability-weighted
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.50%	1.90%
Unemployment rate	5.50%	5.70%
House price growth	(0.60%)	1.80%
Commercial real estate price growth	0.60%	(0.20%)
UK Bank Rate – modelled	2.92%	2.64%
UK Bank Rate – adjusted1	3.12%	2.95%
CPI inflation – modelled	1.90%	1.90%
CPI inflation – adjusted1	1.90%	2%
2028 | Upside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.40%
Unemployment rate	2.90%
House price growth	5.20%
Commercial real estate price growth	1.20%
UK Bank Rate	5.55%
CPI inflation	2.90%
2028 | Base case
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.60%
Unemployment rate	4.60%
House price growth	2.40%
Commercial real estate price growth	1%
UK Bank Rate	3.50%
CPI inflation	2.20%
2028 | Downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.60%
Unemployment rate	7.20%
House price growth	(2.30%)
Commercial real estate price growth	(1.30%)
UK Bank Rate	0.63%
CPI inflation	1.20%
2028 | Severe downside
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.50%
Unemployment rate	9.80%
House price growth	(7.60%)
Commercial real estate price growth	(4.70%)
UK Bank Rate – modelled	0.02%
UK Bank Rate – adjusted1	1.79%
CPI inflation – modelled	0.10%
CPI inflation – adjusted1	1%
2028 | Probability-weighted
Allowance For Impairment Losses [Line Items]
Gross domestic product growth	1.50%
Unemployment rate	5.40%
House price growth	0.80%
Commercial real estate price growth	(0.20%)
UK Bank Rate – modelled	2.90%
UK Bank Rate – adjusted1	3.08%
CPI inflation – modelled	1.90%
CPI inflation – adjusted1	2%

Allowance for expected credit_6

Allowance for expected credit losses - Schedule of ECL Sensitivity to Economic Assumptions (Details) - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023
Probability-weighted
Allowance For Impairment Losses [Line Items]
ECL allowance	£ 3,596	£ 4,021
Upside
Allowance For Impairment Losses [Line Items]
ECL allowance	2,562	2,626
Base case
Allowance For Impairment Losses [Line Items]
ECL allowance	3,132	3,348
Downside
Allowance For Impairment Losses [Line Items]
ECL allowance	4,075	4,397
Severe downside
Allowance For Impairment Losses [Line Items]
ECL allowance	6,653	9,100
UK mortgages | Probability-weighted
Allowance For Impairment Losses [Line Items]
ECL allowance	971	1,115
UK mortgages | Upside
Allowance For Impairment Losses [Line Items]
ECL allowance	387	395
UK mortgages | Base case
Allowance For Impairment Losses [Line Items]
ECL allowance	658	670
UK mortgages | Downside
Allowance For Impairment Losses [Line Items]
ECL allowance	1,190	1,155
UK mortgages | Severe downside
Allowance For Impairment Losses [Line Items]
ECL allowance	3,004	4,485
Credit cards | Probability-weighted
Allowance For Impairment Losses [Line Items]
ECL allowance	700	810
Credit cards | Upside
Allowance For Impairment Losses [Line Items]
ECL allowance	583	600
Credit cards | Base case
Allowance For Impairment Losses [Line Items]
ECL allowance	676	771
Credit cards | Downside
Allowance For Impairment Losses [Line Items]
ECL allowance	772	918
Credit cards | Severe downside
Allowance For Impairment Losses [Line Items]
ECL allowance	903	1,235
Other Retail | Probability-weighted
Allowance For Impairment Losses [Line Items]
ECL allowance	942	945
Other Retail | Upside
Allowance For Impairment Losses [Line Items]
ECL allowance	855	850
Other Retail | Base case
Allowance For Impairment Losses [Line Items]
ECL allowance	915	920
Other Retail | Downside
Allowance For Impairment Losses [Line Items]
ECL allowance	990	981
Other Retail | Severe downside
Allowance For Impairment Losses [Line Items]
ECL allowance	1,139	1,200
Commercial Banking | Probability-weighted
Allowance For Impairment Losses [Line Items]
ECL allowance	982	1,150
Commercial Banking | Upside
Allowance For Impairment Losses [Line Items]
ECL allowance	735	780
Commercial Banking | Base case
Allowance For Impairment Losses [Line Items]
ECL allowance	882	986
Commercial Banking | Downside
Allowance For Impairment Losses [Line Items]
ECL allowance	1,122	1,342
Commercial Banking | Severe downside
Allowance For Impairment Losses [Line Items]
ECL allowance	1,606	2,179
Other | Probability-weighted
Allowance For Impairment Losses [Line Items]
ECL allowance	1	1
Other | Upside
Allowance For Impairment Losses [Line Items]
ECL allowance	2	1
Other | Base case
Allowance For Impairment Losses [Line Items]
ECL allowance	1	1
Other | Downside
Allowance For Impairment Losses [Line Items]
ECL allowance	1	1
Other | Severe downside
Allowance For Impairment Losses [Line Items]
ECL allowance	£ 1	£ 1

Allowance for expected credit_7

Allowance for expected credit losses - Disclosure of Expected Credit Loss (Details) - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023
10pp increase in HPI £m
Allowance For Impairment Losses [Line Items]
ECL impact	£ (164)	£ (201)
10pp decrease in HPI £m
Allowance For Impairment Losses [Line Items]
ECL impact	245	305
1pp increase in unemployment
Allowance For Impairment Losses [Line Items]
ECL impact	143	177
1pp decrease in unemployment
Allowance For Impairment Losses [Line Items]
ECL impact	(133)	(170)
UK mortgages | 1pp increase in unemployment
Allowance For Impairment Losses [Line Items]
ECL impact	22	33
UK mortgages | 1pp decrease in unemployment
Allowance For Impairment Losses [Line Items]
ECL impact	(17)	(32)
Credit cards | 1pp increase in unemployment
Allowance For Impairment Losses [Line Items]
ECL impact	34	38
Credit cards | 1pp decrease in unemployment
Allowance For Impairment Losses [Line Items]
ECL impact	(34)	(38)
Other Retail | 1pp increase in unemployment
Allowance For Impairment Losses [Line Items]
ECL impact	16	19
Other Retail | 1pp decrease in unemployment
Allowance For Impairment Losses [Line Items]
ECL impact	(16)	(19)
Commercial Banking | 1pp increase in unemployment
Allowance For Impairment Losses [Line Items]
ECL impact	71	87
Commercial Banking | 1pp decrease in unemployment
Allowance For Impairment Losses [Line Items]
ECL impact	£ (66)	£ (81)

Debt securities in issue - Sche

Debt securities in issue - Schedule of Debt Securities in Issue (Details) - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023
Disclosure of financial liabilities [line items]
Senior unsecured notes issued	£ 28,571	£ 27,874
Covered bonds	11,849	14,318
Commercial paper	6,908	8,182
Securitisation notes	4,988	4,234
Certificates of deposit issued	1,318	3,096
Debt instruments issued	53,634	57,704
At fair value through profit or loss
Disclosure of financial liabilities [line items]
Senior unsecured notes issued	4,886	5,232
Covered bonds	0	0
Commercial paper	0	0
Securitisation notes	23	23
Certificates of deposit issued	0	0
Debt instruments issued	4,909	5,255
At amortised costs
Disclosure of financial liabilities [line items]
Senior unsecured notes issued	23,685	22,642
Covered bonds	11,849	14,318
Commercial paper	6,908	8,182
Securitisation notes	4,965	4,211
Certificates of deposit issued	1,318	3,096
Debt instruments issued	£ 48,725	£ 52,449

Debt securities in issue - Narr

Debt securities in issue - Narrative (Details) - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023
Schedule Of Securitisation And Covered Bond Programmes [Line Items]
Securitisation notes	£ 4,988	£ 4,234
At fair value through profit or loss
Schedule Of Securitisation And Covered Bond Programmes [Line Items]
Securitisation notes	23	23
Covered bond programme
Schedule Of Securitisation And Covered Bond Programmes [Line Items]
Instruments providing security for bonds	28,529	27,019
Restricted cash and cash equivalents	3,955	3,678
Securitisation programme
Schedule Of Securitisation And Covered Bond Programmes [Line Items]
Instruments providing security for notes	£ 27,945	£ 30,190

Provisions - Schedule of Other

Provisions - Schedule of Other Provisions (Details) £ in Millions	6 Months Ended
	Jun. 30, 2024 GBP (£)
Disclosure of other provisions [line items]
Provisions at beginning of the period	£ 1,916
Exchange and other adjustments	(3)
Provisions applied	(460)
(Credit) charge for the period	200
Provisions at end of the period	1,653
Provision for financial commitments and guarantees
Disclosure of other provisions [line items]
Provisions at beginning of the period	314
Exchange and other adjustments	(1)
Provisions applied	0
(Credit) charge for the period	(40)
Provisions at end of the period	273
Regulatory and legal provisions
Disclosure of other provisions [line items]
Provisions at beginning of the period	1,014
Exchange and other adjustments	0
Provisions applied	(206)
(Credit) charge for the period	90
Provisions at end of the period	898
Other
Disclosure of other provisions [line items]
Provisions at beginning of the period	588
Exchange and other adjustments	(2)
Provisions applied	(254)
(Credit) charge for the period	150
Provisions at end of the period	£ 482

Provisions - Narrative (Details

Provisions - Narrative (Details) - GBP (£) £ in Millions	3 Months Ended	6 Months Ended
	Dec. 31, 2023	Jun. 30, 2024
Disclosure of other provisions [line items]
(Credit) charge for the period		£ 200
Provisions	£ 1,916	1,653
Restructuring provision	240	£ 198
HBOS | Minimum
Disclosure of other provisions [line items]
Percentage of population, fraud victims		95%
Regulatory and legal provisions
Disclosure of other provisions [line items]
(Credit) charge for the period		£ 90
Provisions	1,014	898
Payment Protection Insurance, excluding MBNA | Payment protection insurance
Disclosure of other provisions [line items]
Total payment protection insurance to date		21,906
Dilapidations, Rent Reviews And Other Property Related Matters
Disclosure of other provisions [line items]
Provisions	137	144
Indemnities And Other Matters Relating To Legacy Business Disposals
Disclosure of other provisions [line items]
Provisions	46	£ 33
Motor Commission Review
Disclosure of other provisions [line items]
(Credit) charge for the period	£ 450

Dividends on ordinary shares (D

Dividends on ordinary shares (Details) - GBP (£) £ in Millions			6 Months Ended
	May 16, 2024	Mar. 25, 2024	Jun. 30, 2024
Disclosure Of Dividends [Abstract]
Dividend paid	£ 1,650	£ 490	£ 1,900

Related party transactions - Ba

Related party transactions - Balances and Transactions With Fellow Lloyds Banking Group Undertakings (Details) - GBP (£) £ in Millions	Jun. 30, 2024	Dec. 31, 2023
Assets, included within:
Financial assets at fair value through profit or loss	£ 2,265	£ 1,862
Derivative financial instruments	2,688	3,165
Financial assets at amortised cost: due from fellow Lloyds Banking Group undertakings	789	840
Liabilities, included within:
Due to fellow Lloyds Banking Group undertakings	5,168	2,932
Derivative financial instruments	3,980	4,307
Debt securities in issue at amortised cost	48,725	52,449
Subordinated liabilities	6,764	6,935
Related parties | Parent and other members of the group
Assets, included within:
Financial assets at fair value through profit or loss	0	1
Derivative financial instruments	1,149	1,137
Financial assets at amortised cost: due from fellow Lloyds Banking Group undertakings	789	840
Liabilities, included within:
Due to fellow Lloyds Banking Group undertakings	5,168	2,932
Derivative financial instruments	892	953
Debt securities in issue at amortised cost	19,922	18,131
Subordinated liabilities	£ 6,926	£ 6,919

Related party transactions - Na

Related party transactions - Narrative (Details) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Disclosure of transactions between related parties [line items]
Fee and commission expense	£ 883	£ 550
Parent and other members of the group
Disclosure of transactions between related parties [line items]
Interest income on other financial assets	7	7
Interest expense on other financial liabilities	684	475
Fee and commission expense	£ 367	£ 46

Contingent liabilities, commi_2

Contingent liabilities, commitments and guarantees - Narrative (Details) - GBP (£) £ in Millions	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Disclosure of contingent liabilities [line items]
Estimated financial effect of contingent liabilities	£ 2,606	£ 2,755
Gross loan commitments	130,744	122,733
Legal proceedings contingent liability
Disclosure of contingent liabilities [line items]
Increase in current tax liabilities	830
Reduction in deferred tax asset	(275)
Maximum Exposure
Disclosure of contingent liabilities [line items]
Irrevocable commitments and guarantees	£ 60,638	£ 53,722