Foxtons appoints new finance chief as London sales hit record low

The chief financial officer of Foxtons is heading for the door after the London-based estate agency reported a fall in quarterly revenue and home sales at record low levels.

The company said that Mark Berry, who has been its finance chief for two and a half years, would leave the business by mutual agreement at the end of July.

Berry, 46, will receive three months’ salary as a notice period payment, but will miss out on his annual bonus for this year.

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