In order to give you the best experience, our website uses cookies. By continuing, you accept that you are happy for us to use these cookies. To get more information on the cookies used on our website please read our Cookie Policy.

Manage Cookies

 
In order to give you the best experience, our website uses cookies. The information does not usually directly identify you, but it can give you a more personalised web experience.

You can choose not to allow some types of cookies. Click on the different categories to find out more and change your default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.


Mandatory cookies

(Req)
These cookies are essential so that you can move around the website and use its features which cannot be switched off in our systems. They are set in response to actions made such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

These cookies are required

Performance cookies

These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site.


Marketing cookies

These cookies allow the website to remember choices you make to give you better functionality and personal features. All information these cookies collect is aggregated and therefore anonymous.
corporate

Corporate Governance

The Board has the ultimate responsibility for ensuring that the Company is managed effectively and in the best interests of the shareholders, customers, employees and other stakeholders (including regulators). The Board meets regularly and provides direction, oversight and detailed review/challenge of the Group’s business. The Board delegates specific powers for some matters to committees, details of which are set out below.

  • Board Composition

    The Board consists of the Executive Directors, the Non-Executive Chairman and four further Non-Executive Directors (the “Non-Executive Directors”). The Company regards all of the Non-Executive Directors as “Independent Non-Executive Directors” within the meaning of the UK Corporate Governance Code and free from any business or other relationship that could materially interfere with the exercise of their independent judgement.

  • Audit Committee

    In compliance with the UK Corporate Governance Code, the Audit Committee is made up of a minimum of three members who are all Independent Non-Executive Directors. Carol Chesney is the Chair of the Audit Committee and its other members are Michael Averill and David Martin.

    View Terms of Reference

  • Nomination Committee

    In compliance with the recommendations of the UK Corporate Governance Code, the Nomination Committee is made up of a minimum of three members, a majority of whom are independent Non-Executive Directors. The Nomination Committee is chaired by Ken Lever and its other members are Carol Chesney, Michael Averill, David Martin and Gab Barbaro.

    View Terms of Reference

  • Renumeration Committee

    The UK Corporate Governance Code provides that a remuneration committee should comprise at least three members who are independent non-executive directors (other than the Chairman, who may be an additional member if independent on appointment). The Remuneration Committee will be chaired by Michael Averill, and its other members are David Martin and Ken Lever.

    View Terms of Reference

  • Constitutional and Other Documents

  • Tax Strategy