ASOS shares are down sharply after the fast fashion chain reported a deeper half-year loss and said it faced a challenging trading backdrop.
In a busy session for corporate updates, investors have also heard from contract caterer Compass, the pubs chain JD Wetherspoon and the holidays giant TUI.
The prospect of this afternoon’s US inflation reading means the FTSE 100 index is close to its opening mark, with traders also looking ahead to tomorrow’s Bank of England interest rates decision.
