Ok so I raised a suggestion on the suggestion place.
(Unless someone is going to tell me I am being dumb and there is indeed a way to do it???)
but for now , I have had to revert to my old sprite words and sprite fonts as cannot adjust the overall spacing between characters of the same webfont versions in construct to get the right look.
But it seems to me that they really should be the way to go, if you could just adjust spacing... :(
maybe not so many people are using them? Am I right in saying that they do not have the performance overhead of the old text object?
anyway suggestion here if anyone interested