FTSE LIVE: Pound starts down; investors await delayed Sports Direct results


FTSE LIVE: Pound edging lower; Investors await delayed Sports Direct results; Rightmove’s profits march ahead while Foxtons suffers a slump

  • Publication of Sports Direct’s interim results is delayed
  • Rightmove enjoys bumper results, while Foxtons suffers
  • Vodafone’s sales slipped in the last quarter, trading update reveals 

Investors are waiting with baited breath this morning as Sports Direct delays the publication of its latest interim results.  

Elsewhere in the markets, Rightmove enjoyed a 10 per cent revenue hike in the first half of the year, while London-based estate agents Foxtons has revealed swelling losses.

In the world of telecoms, Vodafone has reported a 2.3 per cent drop in sales over the last quarter. The group is in the midst of a major push into the sphere of 5G. 

The pound is down against both the euro and the dollar, as Boris Johnson gets to work. 

 



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