5. Corporate centre

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5 – Corporate centre

  2009
£m
2008
£m
Project spend (11) (34)
Share award and other incentives (12) (10)
Central spend (85) (97)
Total (108) (141)

The corporate centre costs for the period reduced to £108 million (2008: £141 million) due to lower central and project spend. Central spend of £85 million (2008: £97 million) fell as a result of efficiency improvements. Project spend at £11 million (2008: £34 million) reflected completion of financial controls and MCEV projects initiated during 2008.

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