Finance
UK Regulator Launches Probe Into Vistry Accountants
Published by Global Banking & Finance Review®
Posted on March 10, 2026
1 min readLast updated: April 1, 2026
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Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on March 10, 2026
1 min readLast updated: April 1, 2026
Add as preferred source on GoogleBritain’s Financial Reporting Council has launched a formal investigation into two accountants over their role in forecasting and financial reporting of Vistry Group’s South Division for the years ended 31 December 2023 and 2024.
March 10 (Reuters) - Britain's regulator for accountants on Tuesday launched an investigation into two individuals over their financial reporting of homebuilder Vistry's South division.
The two individuals are former employees of the firm, Vistry said in an email to Reuters, adding that it would assist in the investigation.
The Financial Reporting Council (FRC) said the investigation was launched in relation to two accountants for the forecasting and financial reporting of the South Division of Vistry for the financial years 2023 and 2024.
The homebuilder refrained from a dividend payout in 2024, after a tough year during which it issued three profit warnings, streamlined its operating model and struggled to keep a lid on costs.
Last week, Vistry forecast that margins would narrow in 2026, due to incentives offered to boost sales amid affordability constraints on home buyers.
(Reporting by Prerna Bedi in Bengaluru; Editing by Sherry Jacob-Phillips and Eileen Soreng)
The UK's Financial Reporting Council has launched the investigation.
The probe concerns financial forecasting and reporting in Vistry’s South Division for the 2023 and 2024 financial years.
The investigation follows a challenging year for Vistry, including profit warnings and cost issues.
Vistry did not immediately respond to a request for comment.
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