Little sign of FTSE 'Santa rally'

The FTSE 100 Index was on the back foot today amid more bleak news for the retail sector in the run-up to Christmas.

Little sign of FTSE 'Santa rally'
Wed, 24 Dec, 2008 - 11:21

The FTSE 100 Index was on the back foot today amid more bleak news for the retail sector in the run-up to Christmas.

Concerns over high street prospects have grown and sentiment took a further jolt when music, games and DVD retailer Zavvi called in administrators.

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