Shareholders, including Aberdeen Standard Investments and the Church of England, have delivered a stinging rebuke to the housebuilder Persimmon over its bosses' pay packets, with 48.5% of those who voted rejecting the awards.

Persimmon provoked outrage earlier this year as it revealed its chief executive, Jeff Fairburn, was awarded £110m under his long-term incentive plan in 2017. The amount was reduced in February by some tens of millions of pounds.