At last night’s Board meeting we approved the Strategic Business Plan and Budgets for the three years commencing 1st October 2016. We also discussed the standards for director competencies and the forthcoming AGM. We agreed that the forecasted dividend rate for the quarter commencing 1st October would remain unchanged at 0.25%, but would be reviewed if the Bank of England base rate changes.
Yours in co-operation
Stephen Wood
Vice Chair
