Financial Statements

Notes to the Consolidated Financial Statementsfor the year to 31 December 2008

34. Operating lease arrangements

The Group as lessee

At the balance sheet date, the Group had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2008
£m
2007
£m
Within one year 8.4 16.1
In more than one year but not more than five years 26.6 44.1
After five years 12.3 17.4
47.3 77.6

Operating lease payments principally represent rentals payable by the Group for certain office properties and vehicles.