UK: creating a corporate governance code for large private companies

Further information about the group formed to develop a corporate governance code for large private companies has been published today by the Government: see here. The group met for the first time yesterday under the chairmanship of James Wates, the chairman of Wates Ltd one of the UK's largest private construction companies (a copy of his acceptance letter is available here, pdf). Mr Wates also chairs Tomorow's Company.