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Financial risk management (Details)
£ in Millions, $ in Billions
12 Months Ended
Dec. 31, 2022
GBP (£)
item
Dec. 31, 2021
GBP (£)
Dec. 31, 2022
USD ($)
Financial risk management      
Book value £ 3,574.0 £ 1,256.0  
Bond Debt      
Financial risk management      
Fair market value 2,826.0 1,272.0  
Book value 2,987.0 1,254.0  
Liquidity Risk      
Financial risk management      
Required headroom of unrestricted cash and available committed facilities £ 600.0    
Minimum period for which Treasury Committee manages financing requirements and associated headroom 12 months    
Unrestricted cash £ 867.0    
Combined headroom £ 1,694.0 785.0  
Advance period for financing debt maturities 12 months    
Liquidity Risk | Revolving credit facility      
Financial risk management      
Available commitments £ 827.0   $ 1.0
Notional amount of debt   550.0 $ 1.0
Number of relationship banks | item 16    
Liquidity Risk | €400m bond, €500m bond, €600m bond      
Financial risk management      
Increase in coupon payable percentage, in the event that the Group is downgraded to BB+ or below 1.25%    
Period for redemption of bonds 120 days    
Credit risk | Below A-      
Financial risk management      
Balances with banks £ 36.0 11.0  
Credit risk | Below A- | Single bank      
Financial risk management      
Balances with banks £ 14.0 £ 2.0  
Foreign exchange risk      
Financial risk management      
Foreign currencies as a percentage of Group's adjusted operating profit 104.00%    
Threshold amount of foreign currencies exposure covered by foreign exchange derivatives £ 0.5    
Percentage of movement in risk assumption 10.00%   10.00%
Foreign exchange risk | US dollar      
Financial risk management      
Foreign currencies as a percentage of Group's adjusted operating profit 48.00%    
Threshold amount of foreign currencies exposure covered by foreign exchange derivatives £ 5.0    
Percentage of net debt 66.00% 57.00%  
Percentage of movement in risk assumption 10.00%   10.00%
Increase (decrease) in adjusted operating profit due to reasonably possible movement in risk assumption £ 25.0 £ 19.0  
Decrease (increase) in interest payable due to reasonably possible movement in risk assumption 3.0 2.0  
Increase (decrease) in other comprehensive income due to reasonably possible movement in risk assumption 377.0 50.0  
Increase (decrease) in other comprehensive income due to reasonably possible movement in risk assumption, offsetting impact of net investment hedging £ 210.0 £ 54.0  
Foreign exchange risk | Euro      
Financial risk management      
Foreign currencies as a percentage of Group's adjusted operating profit 29.00%    
Percentage of net debt 23.00% 45.00%  
Percentage of movement in risk assumption 10.00%   10.00%
Increase (decrease) in adjusted operating profit due to reasonably possible movement in risk assumption £ 15.0 £ 16.0  
Decrease (increase) in interest payable due to reasonably possible movement in risk assumption 3.0 1.0  
Increase (decrease) in other comprehensive income due to reasonably possible movement in risk assumption 0.0 5.0  
Increase (decrease) in other comprehensive income due to reasonably possible movement in risk assumption, offsetting impact of net investment hedging £ 46.0 42.0  
Foreign exchange risk | Other currencies      
Financial risk management      
Percentage of net debt 11.00%    
Interest rate risk      
Financial risk management      
Percentage of estimated future interest rate exposures (excluding pensions) to be fixed 50.00%    
Minimum period for which estimated future interest rate exposures are to be fixed 12 months    
Interest rate risk | Euro      
Financial risk management      
Percentage of movement in risk assumption 1.00%   1.00%
Increase (decrease) in market value of the Group's bond liabilities due to reasonably possible increase in designated risk component £ (128.0) (62.0)  
Income statement impact due to reasonably possible increase in designated risk component 0.0    
Interest rate risk | Bond Debt      
Financial risk management      
Fair market value 2,826.0 1,272.0  
Book value £ 2,987.0 £ 1,254.0