John Allan is to step down as chairman of Barratt Developments next month after allegations about his behaviour. The Leicestershire housebuilder said it was bringing forward the date when chair designate Caroline Silver would replace him - moving it from September 6 to June 30.
Tesco had also announced on Friday that Mr Allan would be standing down as chairman of its board next month, saying allegations of misconduct by the businessman "risk becoming a distraction". Mr Allan – who was also previously president of business group the CBI – has blamed "anonymous and unsubstantiated allegations" of misconduct against him for the decision by Barratt to end his position early.
Barratt said it had not received any complaints about Mr Allan during his tenure at the company.
