Stocks punished on the London market

Consumer-facing stocks were on the receiving end of some punishment today on the London market thanks to a miserable update from the high street.

Stocks punished on the London market
Thu, 11 Sep, 2008 - 18:33

Consumer-facing stocks were on the receiving end of some punishment today on the London market thanks to a miserable update from the high street.

Retail bellwether John Lewis unveiled a 27% half year profits plunge, while Argos owner Home Retail Group and Morrisons also underscored the pressure facing the sector.

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CourtsBusinessHeathrowPlace: LondonPlace: Wall StreetPlace: BrazilPerson: John LewisPerson: Charles AllenOrganisation: ArgosOrganisation: Home Retail GroupOrganisation: MorrisonsOrganisation: Bank of EnglandOrganisation: Treasury Select CommitteeOrganisation: SainsburyOrganisation: B&QOrganisation: KingfisherOrganisation: Marks & SpencerOrganisation: Home RetailOrganisation: HomebaseOrganisation: Halifax Bank of ScotlandOrganisation: Lloyds TSBOrganisation: BarclaysOrganisation: ITVOrganisation: Virgin MediaOrganisation: FootsieOrganisation: Carphone WarehouseOrganisation: XstrataOrganisation: BG GroupOrganisation: Smiths GroupOrganisation: Drax Group
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