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Significant accounting policies - Basis of consolidation (Details) - GBP (£) £ in Thousands | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Dec. 31, 2022
Significant accounting policies |  |  |
Increase in net cash flows used in operating activities | £ (33,056) | £ (63,081) |
Effect of foreign exchange rate changes | £ (855) | 8,768 |
Correction of immaterial error |  |  |
Significant accounting policies |  |  |
Adjustments to cash flows from non-cash items |  | (4,600) |
Increase in net cash flows used in operating activities |  | (4,600) |
Effect of foreign exchange rate changes |  | £ 4,600 |
VAGL |  |  |
Significant accounting policies |  |  |
Name of subsidiary | Vertical Aerospace Group Limited (“VAGL”) |  |
Proportion of ownership interest and voting rights held | 100.00% |  | 100.00%

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