Still waiting to hear from Tesco's chairman John Allan on why his non-executives agreed a dividend payment at the same time as enjoying a taxpayer-funded business rates holiday. Maybe he's busy being president of the CBI or chair of Barratt Homes today?

The Investment Association, representing 30% of all shares owned on the FTSE 350, wrote to him twice (one letter to Tesco, another to Barratt) telling boards that institutional investors - the ones running our pensions - will not be alarmed if the dividend is delayed.

They also said boards should be "mindful" on bonuses, yet, at Tesco executives said the bonuses question is for the chairman and remuneration committee... Who we can't question... Including at the AGMs this year, which are now all remote access only...