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Financial risk management - Hedging activities (Details) £ in Thousands, $ in Thousands | Jun. 30, 2022 € / £ | Jun. 30, 2022 $ / £ | Jun. 30, 2022 GBP (£) | Jun. 30, 2022 USD ($) | Jun. 30, 2021 € / £ | Jun. 30, 2021 $ / £ | Jun. 30, 2021 GBP (£) | Jun. 30, 2021 USD ($) | Jun. 30, 2020 € / £ | Jun. 30, 2020 $ / £ | Jun. 30, 2020 GBP (£)
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Financial risk management activities |  |  |  |  |  |  |  |  |  |  |
Net debt | £ |  |  | £ 514,899 |  |  |  | £ 419,578 |  |  |  | £ 474,076
Closing exchange rate | 1.1630 | 1.2151 |  |  | 1.1651 | 1.3820 |  |  | 1.0998 | 1.2374 |
US dollar |  |  |  |  |  |  |  |  |  |  |
Financial risk management activities |  |  |  |  |  |  |  |  |  |  |
Net debt |  |  |  | $ 613,000 |  |  |  | $ 626,300 |  |  |
Hedged future USD revenues |  |  |  | (22,800) |  |  |  | (61,453) |  |  |
Unhedged USD borrowings |  |  |  | 590,200 |  |  |  | 564,847 |  |  |
Borrowings | US dollar |  |  |  |  |  |  |  |  |  |  |
Financial risk management activities |  |  |  |  |  |  |  |  |  |  |
Net debt |  |  |  | 650,000 |  |  |  | 650,000 |  |  |
Cash and cash equivalents |  |  |  |  |  |  |  |  |  |  |
Financial risk management activities |  |  |  |  |  |  |  |  |  |  |
Net debt | £ |  |  | £ (121,223) |  |  |  | £ (110,658) |  |  |  | £ (51,539)
Cash and cash equivalents | US dollar |  |  |  |  |  |  |  |  |  |  |
Financial risk management activities |  |  |  |  |  |  |  |  |  |  |
Net debt |  |  |  | $ (37,000) |  |  |  | $ (23,700) |  |  |

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- Definition The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_112_c&doctype=Standard -URIDate 2021-03-24 + Details
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- Definition The amount of net debt of the entity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 112 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_112_c&doctype=Standard -URIDate 2021-03-24 + Details
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