Net finance costs (Tables)

12 Months Ended

Dec. 31, 2023

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Schedule of Information About Finance Income and Costs

All figures in £ millions	Notes		2023			2022			2021
Interest payable on financial liabilities at amortised cost and associated derivatives				(34	)		(32	)		(30	)
Interest on lease liabilities		35		(23	)		(25	)		(27	)
Interest on deferred and contingent consideration				(4	)		(5	)		–
Interest on provisions for uncertain tax positions				–			(7	)		(11	)
Fair value movement on derivatives				(20	)		(2	)		–
Finance costs				(81	)		(71	)		(68	)
Interest receivable on financial assets at amortised cost				16			18			5
Interest on lease receivables		35		4			5			6
Net finance income in respect of retirement benefits		25		26			9			4
Fair value remeasurement of disposal proceeds				–			–			6
Fair value movements on investments held at fair value		15		13			28			20
Net foreign exchange gains				3			1			1
Interest on provisions for uncertain tax positions				4			35			–
Fair value movement on derivatives				10			27			20
Finance income				76			123			62
Net finance (costs)/income				(5	)		52			(6	)