Role of the Board of Directors

To view the profiles of the Board directors, please see our leadership page.

The Board leads and directs the Group. It sets the Group’s purpose, defines the Group’s values, sets the strategy and monitors and assesses the Group’s culture, with the aim of securing the long-term sustainability of the business for the benefit of all stakeholders.

The Board has a formal schedule of matters reserved for its consideration and decision, which is reviewed annually. The schedule includes the approval of the Group’s strategy, structure and capital; financial reporting and controls, which includes annual and half-year results, trading updates and the dividend and Capital Allocation Policy; internal controls, which includes monitoring the Group’s principal risks and material issues; major capital projects, resolutions and corresponding documentation to shareholders at general meetings, Board membership, remuneration of the Board, delegation of authority, corporate governance matters and policies.

The Company fully complied with the UK Corporate Governance Code 2018 throughout 2022. The Board continues to review its governance procedures to maintain proper control and accountability. The UK Corporate Governance Code 2018 is available from the Financial Reporting Council, at www.frc.org.uk

To view our Governance Report, please download our latest Annual Report.