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Fri November 16 2018

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Mitie in the clear

27 Jun The Financial Conduct Authority has told support services contractor Mitie that it is no longer under investigation.

The Financial Conduct Authority (FCA) began probing into Mitie’s affairs at the end of August 2017. It was concerned about the timeliness of a profit warning announced by the company the previous year and how financial information had been prepared and presented. [See our previous report here.]

Mitie issued a statement today declaring: “On 26 June 2018, the FCA advised the company that it was discontinuing its investigation into the company.”

MPU

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