spain credit rating downgrade In a market still nervous about Libya and weakened further by Moody’s downgrading Spanish debt, Home Retail is one of the main fallers, off 15.5p at 195.4p. The company, which also owns the Homebase do-it-yourself business, said Argos like for like sales fell 4.6% in the eight weeks to the end of February, compared to forecasts of a drop of around 1%. Its core customers are increasingly reigned in their spending in the wake of tax rises, unemployment and high
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