Investors in the Berkeley staged a minor mutiny as 27% of shareholders who voted at the annual meeting failed to endorse the remuneration of key executives.

Pirc, the corporate governance lobby group, urged shareholders to vote against the remuneration report, citing 'highly excessive awards'. A total of 8.6% of votes cast were against the report, while shareholders with equity worth 18.9% withheld their votes.

The Times, Daily Telegraph