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| Note 8 Taxation |
| 1997 £m | 1996 £m | ||||||||
| __________________________ | |||||||||
| United Kingdom taxation: | |||||||||
| Corporation tax at 33% (1996-33%) | 254 | 293 | |||||||
| Prior year items | (25) | (14) | |||||||
| Deferred taxation (see note 20) | (2) | (73) | |||||||
| __________________________ | |||||||||
| 227 | 206 | ||||||||
| Overseas taxes | 3 | 3 | |||||||
| __________________________ | |||||||||
| 230 | 209 | ||||||||
| __________________________ | |||||||||