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Analysis of cash flows - Acquisitions and disposals (Detail) - GBP (£)
£ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Acquisitions and disposals:    
Initial cash consideration £ (202.0) £ (35.0)
Cash and cash equivalents acquired 23.0 0.7
Earnout payments (11.2) (41.6)
Purchase of other investments (including associates) (7.7) (5.1)
Acquisitions [1] (197.9) (81.0)
Proceeds on disposal of investments and subsidiaries 10.5 41.7
Cash and cash equivalents disposed (0.2) (12.5)
Disposals of investments and subsidiaries 10.3 29.2
Cash consideration for purchase of non-controlling interests (16.0) (6.2)
Cash consideration for non-controlling interests (16.0) (6.2)
Net acquisition payments and disposal proceeds £ (203.6) £ (58.0)
[1] Earnout payments in excess of the amount determined at acquisition are recorded as operating activities. Prior year excess amounts were recorded as investing activities and have been re-presented as operating activities. See note 11.