Interim results 2009

Financial results

Central costs

Central costs in the first half of the year of £3.6m were £0.9m higher than in 2008, due to a budgeted increase in the level of expenditure on the group's community programmes and the impact of higher share-based incentive payments. Central interest receivable was lower at £0.8m (2008: £1.8m), primarily due to the planned reduction in the level of surplus capital currently held by the group, and also from the impact of the refinancing of the group's syndicated facilities in February 2009.