Transactions between the Company and its subsidiaries, which are related parties, have been eliminated on consolidation and are not disclosed in this note.
The remuneration of the Board of Directors, who are considered key management personnel of the Group, was as follows:
| 2017
£m | 2016
£m |
| Short-term employee benefits | 3.2 | 1.8 |
| Share-based payments | 0.6 | 0.1 |
| 3.8 | 1.9 |
Further information about the remuneration of the individual directors is provided in the Board Report on Remuneration.