Compass to reveal major payout

Catering colossus Compass Group is set to unveil a bumper dividend for shareholders today, with a total payout of £1bn expected. The firm will also announce its performance for the first half of the current financial year. During the previous 12 months, Compass announced that operating profit by 7.8 per cent, with results expected to be similarly strong today. Reports of the dividend were originally carried by Sky News yesterday.