A clearing of the decks at Punch Taverns, the leased and tenanted pub group, which yesterday announced the departure of its financial director, caused its shares to slip on the market. The shares dipped 1.15p to 65p, which leaves the company valued at £418 million. Mutual consent has now been given as the reason by the pub group for Dutton’s departure, which saw new chief executive Ian Dyson join the firm from Marks & Spencer earlier this year.