Revolts by shareholders over company pay and board appointments seem to have become more prevalent this year.

Last month Royal Mail experienced the second biggest shareholder uprising in modern times, when 70 per cent rejected the pay package of new boss Rico Back.

It was an embarrassing revolt that sent the postal-service firm back to the drawing board.In April more than 48 per cent of shareholders at housebuilder Persimmon shouted down a £110million pay package for chief executive Jeff Fairburn, which ended up being substantially reduced.

Source: Don’t miss out on the investor revolution taking big firms like Royal Mail and Persimmon to task | This is Money