Supplier Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 2025

Disclosure of financial liabilities that are part of supplier finance arrangements [abstract]

Disclosure of information relating to supplier finance arrangements

The cash

outflows in respect of these arrangements have been recognised within operating cash flows.


		As at 30 June			As at 31 December
		2025	2024		2024
		£m	£m		£m
Supplier Financing Arrangements
Total	Amounts available for financing reported within trade payables	115			180
	Amounts accepted by financial institutions for early financing	100			179
	Amounts for which suppliers have received payment	80			157
Analysed as:
Leaf payables	Amounts available for financing reported within trade payables	—			90
	Amounts accepted by financial institution for early financing	—			90
	Amounts for which suppliers have received payment	—			84
Other payables	Amounts available for financing reported within trade payables	115			90
	Amounts accepted by financial institution for early financing	100			89
	Amounts for which suppliers have received payment	80			73