Pendragon ticked off for reporting errors

Shares in car dealer Pendragon fell today after the firm got a slap on the wrist from the UK's financial reporting watchdog.

Shares in car dealer Pendragon fell today after the firm got a slap on the wrist from the UK's financial reporting watchdog.

The Financial Reporting Council (FRC) was concerned about Pendragon's presentation of cash flows from its contract hire vehicle operations in its full year 2011 figures.

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