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Foxtons to hold event today for investors and analysts to set out how it intends to grow the business after a disastrous few years.
Read MoreFoxtons battles Catalist criticism with renewed growth plan
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Catalist buys 2% stake in Foxtons as it urges action to turn agency around
Robin Paterson's 'activist investor' vehicle wants the estate agency's management to change direction and go for growth.
Read MoreCountrywide brings in new blood and asks for £165 million to restructure debt
Both Peter Long and Paul Creffield are to step down as a heavy price for its effort to reduce the firm's heavy indebtedness.
Read MoreBREAKING: Is major industry figure Robin Paterson eyeing up Countrywide?
Paterson owns Sotheby's Realty UK, helped expand Hamptons International and Barnard Marcus during the 1990s and recently set up an investment LLP to buy Countrywide shares.
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