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Notes to the Group accounts
5 Net fee and commission income
| 2007 | 2006 | |
|---|---|---|
| £m | £m | |
| Fee and commission income: | ||
| Current accounts | 693 | 652 |
| Insurance broking | 648 | 629 |
| Credit and debit card fees | 536 | 493 |
| Trust and other fiduciary fees | 362 | 331 |
| Other | 985 | 1011 |
| 3,224 | 3,116 | |
| Fee and commission expense | (600) | (638) |
| Net fee and commission income | 2,624 | 2,478 |
As discussed in note 1(d), fees and commissions which are an integral part of the effective interest rate form part of net interest income shown in note 4. Fees and commissions relating to instruments that are held at fair value through profit or loss are included within net trading income shown in note 6.
Certain fees payable by the Group’s asset finance business have been reclassified to interest income as part of the effective yield of the related lending; there is no impact upon profit before tax. Comparative figures have been restated accordingly.