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Mitie Face FCA Probe Over Profit Warning

Tuesday, August 29, 2017

The FCA are investigating outsourcing firm Mitie in connection with a profit warning issued last September. Mitie is being investigated on the content and timing of a profit warning issued last year and is “fully co-operating” with the financial regulator. It is more bad news for Mitie who are struggling with the uncertain climate around Brexit and faces another investigation into Deloitte’s auditing of Mitie’s accounts for the years ending 31 March 2015 and 2016. Mitie employs over 50,000 people in the UK for major clients including the NHS.

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