Dawnay Day has spearheaded a revolt at Ultimate Leisure and ousted key board members. The financial services and property group has ousted Ultimate’s founder and chairman as well as the chief executive, operations director and development director. It has appointed Mark Jones, former chief executive of Yates, as executive chairman and Colin Rowlinson as business development director. The bars and nightclubs operator held steady at 295p on Friday. Financial Times (Money & Business) page 2