Latest batch of UK annual reports illustrate disclosure improvements stretch to the reporting of non-executive information

Fee details associated with standard board committees – audit/remuneration/risk/nomination – continue but new committees have emerged. More unsusual ones we noted included acquisitions, reputation/responsibility, board oversight, financial crime risk, brand values/conduct. We also collect information on travel reimbursement with approaches varying between rates per meeting, flat fees and rates by distance/time.

Finally, perhaps a unique situation: FirstGroup's train driver appointed in 2012 as an employee NED. The FTSE 350's only staff board member?

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