FTSE LIVE: Pound buoyant ahead of Brexit vote; Domino’s Pizza profits go cold; Mothercare sells Early Learning Centre to toy rival The Entertainer
- The pound rallied strongly overnight ahead of today’s scheduled Brexit vote
- Domino’s Pizza has reported a 22 per cent tumble in full-year profits to £61.9m
- Mothercare has disposed of Early Learning Centre for £13.5million
Sterling climbed by more than 2 per cent to reach $1.3290 on Monday evening as Theresa May said she’d agreed ‘legally binding’ alterations to her deal. The currency will remain volatile throughout the next few days, with MP’s due to vote on the deal this evening.
Elsewhere, ‘growing pains’ in Domino’s Pizza’s international business’ has taken a 22 per cent bite out of the firm’s profits, and rattled retailer Mothercare is selling its Early Learning Centre business to The Entertainer in an effort to slash its debt pile.
The pound is holding its gains on Tuesday morning on hopes of a new Brexit deal