UK Corporate Governance Code

Corporate Governance Principles

The Board is committed to maintaining high standards of corporate governance and we support and apply the principles of good governance advocated by the UK Corporate Governance Code 2018. The Board works with honesty and integrity, which it considers is vital to building a sustainable business for all of our stakeholders. 

The Board believes that implementing a robust governance and corporate social responsibility framework in which appropriate management structures, processes and safeguards are adopted and are transparently communicated to shareholders is essential in aiding sustainable long-term economic performance. Read more about our corporate governance in our Annual Report & Accounts.

Compliance with the UK Corporate Governance Code

The Board confirms that, for the year ended 31 March 2024, it and the Company have complied with all of the provisions of the UK Corporate Governance Code 2018, which is the version of the Code which applies to the Company for its financial year ended 31 March 2024. 

Corporate Governance Structure

The Board is responsible for the strategic direction of the Group and the stewardship of its activities.

The Board has a number of standing committees to which specific responsibilities have been delegated and for which written terms of reference have been agreed.