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SHARE CAPITAL, SHARE PREMIUM AND OTHER RESERVES (Tables)
6 Months Ended
Jun. 30, 2023
SHARE CAPITAL, SHARE PREMIUM AND OTHER RESERVES  
Summary of other reserves

Details of other reserves are included below:

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For the six months ended 30 June

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2023

2022

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EBT shares reserve1 £m

Cash flow hedge reserve
£m

Merger reserve
£m

Total
£m

EBT shares reserve1 £m

Cash flow hedge reserve
£m

Merger reserve
£m

Total
£m

As at 1 January

—

150

(11,687)

(11,537)

—

8

(11,640)

(11,632)

Other comprehensive income

—

(9)

—

(9)

—

143

—

143

Transaction with equity shareholder

—

—

—

—

—

—

(64)

(64)

As at 30 June

—

141

(11,687)

(11,546)

—

151

(11,704)

(11,553)

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1.Shares owned through an Employee Benefit Trust (EBT).