v3.26.3
Finance income and costs (Details) - GBP (£)
£ in Millions
6 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Finance income [Abstract]    
Interest income from financing activities £ 40 £ 126
Net interest on pensions and other post-retirement benefit obligations 58 50
Net gains on financial assets at fair value through profit and loss 0 2
Other interest income 23 30
Finance income 121 208
Interest costs [abstract]    
Interest expense on financial instruments (1,030) (999)
Unwinding of discount on provisions and other liabilities (62) (63)
Net gains (losses) on derivatives financial instruments 4 (63)
Other interest (18) (11)
Less: interest capitalised 267 189
Finance costs (839) (947)
Finance income (cost) (718) (739)
Principal accretion on inflation-linked debt 86 115
Finance income (cost), accretion on inflation-linked swaps £ 8 £ 0
Capitalisation rate of borrowing costs eligible for capitalisation 4.40% 4.50%
Tax relief on capitalised interest £ 41 £ 27