7. Finance income and costs Finance income 2025£’000 2024£’000 Interest income 350 274 Finance costs 2025£’000 2024£’000 Interest on borrowings 1,860 2,738 Interest on lease liabilities 518 411 Interest capitalised (382) (105) Finance costs expensed 1,996 3,044 Interest on defined benefit pension obligation (note 24) 62 103 2,058 3,147