The Board recognises the importance of good corporate governance in creating a successful, sustainable and profitable business.

The Board is committed to the principles of corporate governance as set out in the 2010 UK Corporate Governance Code. These principles include clearly defined operating procedures, lines of responsibility, and the delegation of authority.

You'll find all the latest information in our current Corporate governance statement which covers:

• Compliance with the 2010 UK Corporate Governance Code
• Internal control
• The Board, its Committees and their structure and operation
• Board Composition during FY2011
• Shareholder relations