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Finance income and charges (Tables)
 12 Months Ended
Jun. 30, 2019
Analysis of income and expense [abstract]  
Schedule of finance income and charges
 
 
2019
£ million

 
2018
£ million

 
2017
£ million

Interest income
 
232

 
155

 
148

Fair value gain on financial instruments
 
155

 
61

 
76

Total interest income(i)
 
387

 
216

 
224

Interest charge on bank loans and overdrafts
 
(47
)
 
(53
)
 
(72
)
Interest charge on finance leases
 
(7
)
 
(9
)
 
(11
)
Interest charge on all other borrowings
 
(424
)
 
(333
)
 
(368
)
Fair value loss on financial instruments
 
(157
)
 
(62
)
 
(67
)
Total interest charges(i)
 
(635
)
 
(457
)
 
(518
)
Net interest charges
 
(248
)
 
(241
)
 
(294
)
Net finance income in respect of post employment plans in surplus (note 13)
 
29

 
9

 
2

Hyperinflation adjustment in respect of Venezuela (note 1)
 
10

 
18

 
9

Interest income in respect of direct and indirect tax
 
16

 
—

 
—

Total other finance income
 
55

 
27

 
11

Net finance charge in respect of post employment plans in deficit (note 13)
 
(22
)
 
(20
)
 
(27
)
Unwinding of discounts
 
(17
)
 
(14
)
 
(8
)
Interest charge in respect of direct and indirect tax
 
(11
)
 
(10
)
 
—

Change in financial liability (Level 3)
 
(8
)
 
—

 
(8
)
Other finance charges (exceptional)(ii)
 
(9
)
 
—

 
—

Other finance charges
 
(3
)
 
(2
)
 
(3
)
Total other finance charges
 
(70
)
 
(46
)
 
(46
)
Net other finance charges
 
(15
)
 
(19
)
 
(35
)

(i) Includes £86 million interest income and £(439) million interest charge in respect of  financial assets and liabilities that are not measured at fair value through the income statement (2018 - £73 million income and £(394) million charge; 2017 - £91 million income and £(467) million charge).
(ii) In respect of the French tax audit settlement (see note 7(b)(i)).