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Trade and other payables: amounts falling due within one year
 6 Months Ended
Jun. 30, 2020
Within one year [member]  
Statement [LineItems]  
Trade and other payables: amounts falling due within one year
1
7
.
Trade and other payables: amounts falling due within one year
 
    
30 June
2020
   
30 June
2019
   
31 December
2019
 
    
£m
   
£m
   
£m
 
Trade payables
   7,279.2    9,945.7    10,112.1 
Deferred income
   968.7    1,377.3    1,024.6 
Payments due to vendors (earnout agreements)
1
   65.2    167.8    143.4 
Liabilities in respect of put option agreements with vendors
1
   42.9    21.4    75.7 
Fair value of derivatives
   2.7    4.0    1.5 
Share repurchases - close period commitments
2
   —    —      252.3 
Other creditors and accruals
   2,409.3    2,829.7    2,578.5 
    10,768.0    14,345.9    14,188.1 
Notes
1
 
Figures have been restated to be in accordance with IAS 39 Financial Instruments: Recognition and Measurement, as described in the accounting policies
.
2
During 2019, the Company entered into an arrangement with a third party to conduct share buybacks on its behalf in the close period commencing on 2 January 2020 and ending on 27 February 2020, in accordance with UK listing rules. The commitment resulting from this agreement constitutes a liability at 31 December 2019, which is included in Trade and other payables: amounts falling due within one year and has been recognised as a movement in equity.
The Group considers that the carrying amount of trade and other payables approximates their fair value.