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Financial instruments (Tables)
 6 Months Ended
Jun. 30, 2023
Disclosure of detailed information about financial instruments [abstract]  
Disclosure of fair value measurement of assets
The following table provides an analysis of financial instruments that are measured subsequent to initial recognition at fair value, grouped into levels 1 to 3 based on the degree to which the fair value is observable, or based on observable inputs:
Level 1Level 2Level 3
£m£m£m
30 June 2023
Derivatives in designated hedge relationships
Derivative assets— 14.8 — 
Derivative liabilities— (51.0)— 
Held at fair value through profit or loss
Other investments0.4 — 257.5 
Derivative assets— 2.9 — 
Derivative liabilities— (1.8)— 
Payments due to vendors (earnout agreements)— — (187.9)
Liabilities in respect of put options— — (320.8)
Held at fair value through other comprehensive income
Other investments7.2 — 67.8 
Disclosure of fair value measurement of liabilities
The following table provides an analysis of financial instruments that are measured subsequent to initial recognition at fair value, grouped into levels 1 to 3 based on the degree to which the fair value is observable, or based on observable inputs:
Level 1Level 2Level 3
£m£m£m
30 June 2023
Derivatives in designated hedge relationships
Derivative assets— 14.8 — 
Derivative liabilities— (51.0)— 
Held at fair value through profit or loss
Other investments0.4 — 257.5 
Derivative assets— 2.9 — 
Derivative liabilities— (1.8)— 
Payments due to vendors (earnout agreements)— — (187.9)
Liabilities in respect of put options— — (320.8)
Held at fair value through other comprehensive income
Other investments7.2 — 67.8 
Reconciliation of level 3 fair value measurements:
Payments
due to
vendors
(earnout
agreements)		Liabilities
in respect
of put
options		Other
investments
£m£m£m
1 January 2023(160.1)(342.1)358.5 
Gains/(losses) recognised in the income statement25.7 7.1 (24.7)
Gains recognised in other comprehensive income— — 0.1 
Additions(66.7)(2.4)1.8 
Disposals— — (10.4)
Cancellations— 2.8 — 
Settlements12.4 1.8 — 
Exchange adjustments0.8 12.0 — 
30 June 2023(187.9)(320.8)325.3