Food retailers drive UK FTSE lower as Morrison's cuts outlook
date:Mar 14, 2014
ular patch (before considering buying).

Despite signs that Britain's economic recovery is gaining momentum, profit worries have kept investors cautious about food retailers. They have preferred other sectors exposed to the UK economy, such as general retailers or house builders.

That continued on Thursday. Shares in Home Retail Group jumped 5.8 percent after the owner of retailers Argos and Homebase said annual profit would exceed the top end of market forecasts. Kingfisher, Europe's biggest h
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