​

  ​ ​ ​

3 months ended June 30,

​

6 months ended June 30,

​

​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

​

​

£ 000

​

£ 000

​

£ 000

​

£ 000

Interest income on deposits

487

609

1,009

1,243

Foreign exchange gain

​

1,739

​

18,094

​

—

​

27,530

Other

​

—

​

4

​

—

​

—

Total finance income

​

2,226

​

18,707

​

1,009

​

28,773

Fair value losses on financial liabilities at fair value through profit and loss (note 13)

​

(4,607)

​

(296)

​

(4,717)

​

(324)

Foreign exchange loss

​

—

​

—

​

(6,010)

​

—

Interest expense on leases

​

(57)

​

(41)

​

(120)

​

(78)

Total finance costs

​

(4,664)

​

(337)

​

(10,847)

​

(402)

Fair value gains on financial liabilities at fair value through profit and loss (note 13)

​

6,724

​

—

​

112,989

​

258,719

Total related party finance income

​

6,724

​

—

​

112,989

​

258,719

In-kind interest on financial liabilities at fair value through profit and loss (note 13)

​

(3,699)

​

(2,805)

​

(6,956)

​

(5,782)

Fair value losses on financial liabilities at fair value through profit and loss (note 13)

​

—

​

(140,404)

​

—

​

—

Total related party finance costs

​

(3,699)

​

(143,209)

​

(6,956)

​

(5,782)

Net related party finance income/(costs)

​

3,025

​

(143,209)

​

106,033

​

252,937

Net finance income/(costs)

587

(124,839)

96,195

281,308