Related party transactions

We provide services to and receive services from related parties, principally joint ventures. In the year ended 31 March 2008, we charged £3 million and received charges of £33 million from related parties (other than Directors) compared with £4 million and £26 million in 2006/07 and £4 million and £32 million in 2005/06 respectively.

Further information relating to related party transactions is contained within note 30 to the consolidated financial statements. Details on amounts paid to Directors are included within the Directors’ remuneration report.