v3.25.4
Net finance costs (Tables)
12 Months Ended
Dec. 31, 2025
Texts Block [Abstract]  
Schedule of Information About Finance Income and Costs
 
  All figures in £ millions
  
   Notes
    
   2025
   
   2024
   
   2023
 
Interest payable on financial liabilities at amortised cost and associated derivatives
     
 
  (51
)
       (48 )       (34 )
Interest on lease liabilities
     34     
 
(20
)
     (22 )      (23 ) 
Interest on deferred and contingent consideration
     
 
(1
)
     (2 )      (4 ) 
Fair value movements on investments held at fair value
     15     
 
(7
)
     (11 )      –  
Net foreign exchange losses
     
 
(7
)
     (3 )      –  
Interest on provisions for uncertain tax positions
     
 
(3
)
     (7 )      –  
Fair value movement on derivatives
     
 
(9
)
     (19 )      (20 ) 
   
 
   
Finance costs
     
 
(98
) 
     (112 )      (81 ) 
   
 
   
Interest receivable on financial assets at amortised cost
     
 
14
 
     25       16  
Interest on lease receivables
     34     
 
3
 
     4       4  
Net finance income in respect of retirement benefits
     25     
 
25
 
     21       26  
Fair value movements on investments held at fair value
     15     
 
–
 
     –       13  
Net foreign exchange gains
     
 
–
 
     –       3  
Interest on provisions for uncertain tax positions
     
 
–
 
     5       4  
Fair value movement on derivatives
     
 
6
 
     26       10  
   
 
   
Finance income
     
 
48
 
     81       76  
   
 
   
Net finance costs
     
 
(50
)
     (31 )      (5 )