Media reports claim Bovis paid bribes to hit sales targets

Media reports emerged that Bovis allegedly paid incentives to persuade buyers to move into unfinished homes.

The bribes of up to £3,000 were apparently used to persuade buyers to complete deals by 23 December, in order to hit sales targets.

Bovis Homes chief executive David Ritchie resigned on Monday with immediate effect.

At 11:34am: (LON:BVS) Bovis Homes Group PLC share price was -25.5p at 817p