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Other reserves (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of reserves within equity [abstract]  
Summary of Other Reserves
Other reserves comprise the following:
Capital
redemption
reserve
£m		Equity
reserve
£m
Hedging reserve
£m
Translation
reserve
£m		Total
other
reserves
£m
Balance at 1 January 2022
14 (577)— 227 (336)
Foreign exchange differences on translation of foreign operations
— — — 408 408 
Loss on net investment hedges— — — (141)(141)
Cash flow hedges:
     Fair value gain arising on hedging instruments— — 38 — 38 
     Amounts reclassified to profit or loss
— — (38)— (38)
Share of other comprehensive income of associate undertakings
— — — 32 32 
Share cancellations8 — — — 8 
Recognition and remeasurement of financial instruments— 102 — — 102 
Share purchases – close period commitments— 212 — — 212 
Balance at 31 December 2022
22 (263)— 526 285 
Foreign exchange differences on translation of foreign operations
— — — (404)(404)
Gain on net investment hedges— — — 108 108 
Cash flow hedges:
     Fair value loss arising on hedging instruments— — (43)— (43)
     Amounts reclassified to profit or loss
— — 44 — 44 
Share of other comprehensive income of associate undertakings— — — (1)(1)
Recognition/derecognition of liabilities in respect of put options— 198 — — 198 
Balance at 31 December 2023
22 (65)1 229 187 
Foreign exchange differences on translation of foreign operations— — — (70)(70)
Loss on net investment hedges
— — — (3)(3)
Cash flow hedges:
     Fair value loss arising on hedging instruments
— — (35)— (35)
     Amounts reclassified to profit or loss
— — 58 — 58 
Cost of hedging— — (8)— (8)
Share cancellations5 — — — 5 
Net movement in own shares held by ESOP Trusts
— — — (8)(8)
Recognition/derecognition of liabilities in respect of put options— 25 — — 25 
Balance at 31 December 2024
27 (40)16 148 151 
Summary of Translation Reserve Comprises
The translation reserve comprises:
2024
£m
2023
£m
2022
£m
Balance relating to continuing net investment hedges(86)(53)(144)
Balance relating to discontinued net investment hedges(38)(68)(85)
Balance relating to foreign exchange differences on translation of foreign operations
272 350 755 
148 229 526