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Finance income | 6 Months Ended
--- | ---
Jun. 30, 2023
Finance Income. |
Finance income | 6Finance income ​
​ | ​ | ​ | ​ | ​
​ |  | 6 months ended |  | 6 months ended
​ | ​ | June 30, | ​ | June 30,
​ | ​ | 2023 | ​ | 2022
​ | ​ | £ 000 | ​ | £ 000
In-kind interest on convertible loan notes |  | (7,964) |  | (7,005)
Foreign exchange loss |  | — |  | (12,981)
Interest expense on leases |  | (109) |  | (67)
Other |  | (67) |  | (10)
Total finance costs |  | (8,140) |  | (20,063)
​ | ​ | ​ | ​ | ​
Interest income on deposits | ​ | 1,704 | ​ | —
Foreign exchange gain | ​ | 12,089 | ​ | —
Fair value movements on convertible loan notes (note 13) | ​ | 16,510 | ​ | 38,124
Fair value movements on warrant liabilities (note 11) | ​ | 2,030 | ​ | 4,373
Total finance income | ​ | 32,333 | ​ | 42,497
​ | ​ | ​ | ​ | ​
Total net finance income |  | 24,193 |  | 22,434
​

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- Definition The disclosure of finance income (cost). [Refer: Finance income (cost)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_10_e&doctype=Standard -URIDate 2022-03-24 + Details
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