Greencore has said it will review its executive pay strategy in the wake of nearly a third of its shareholders voting against policy at its AGM.

Theresa May has challenged British business leaders to step up funding for research and investment to prepare the UK economy for the post-Brexit future.

Sterling headed for its biggest weekly decline in more than a month against the dollar late yesterday as UK prime minister David Cameron stepped up efforts to reach a deal with fellow European leaders over the terms of UK membership of the bloc.