Sir Ken Morrison is expected to meet Morrisons shareholders in an effort to prevent a shareholder revolt ahead of its annual meeting on Thursday.

Two key Morrisons shareholder groups - the Pensions Investment Research Consultants and the Association of British Insurers (ABI) - have been urging shareholders to not re-elect Sir Ken as chairman at the group’s annual meeting.

Sir Ken is expected to attend a meeting today with the ABI in the hope that the shareholder group will rethink its decision.

Last week, the National Association of Pension Funds (NAPF) retracted its calls for Sir Ken Morrison to stand down as Morrisons chairman, following talks between RREV, the corporate governance arm of NAPF and Morrisons.