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TRADE AND OTHER PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR (Tables)
12 Months Ended
Dec. 31, 2025
Trade and other current payables [abstract]  
Summary of Trade and Other Payables
The following are included in trade and other payables falling due within one year:
20252024
£m£m
Trade payables10,067 10,637 
Deferred income and customer advances1
955 1,160 
Contingent consideration liabilities46 57 
Deferred consideration liabilities
45 10 
Liabilities in respect of put option agreements with vendors24 
Fair value of derivatives4 32 
Other payables and accruals2
2,268 2,319 
13,409 14,216 
Notes
1Deferred income and customer advances, that was previously presented separately on the balance sheet, is included within Trade and other payables. The prior year comparative has been re-presented to include deferred income and customer advances
2This balance includes media rebates, staff costs, interest payable, indirect taxes payable and other individually not material items
The following are included in trade and other payables falling due after more than one year:
20252024
£m£m
Contingent consideration liabilities20 76 
Deferred consideration liabilities
87  
Liabilities in respect of put option agreements with vendors58 66 
Fair value of derivatives1 25 
Other payables and accruals
42 62 
208 229