Notes to the Consolidated Financial Statements

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for the year to 31 December 2007

7. Finance costs

2007 2006
£m £m
Interest on bank overdrafts and loans 45.9 22.9
Interest on debenture loans 47.4 41.2
Movement on interest rate derivatives 5.4
98.7 64.1
Amortisation of discount on land creditors 19.3 6.5
Notional interest on pension liability (note 23) 3.8 2.7
121.8 73.3