is there anyhting I could by to read and posiibly reat the codes? preferably handkheld rather than connect to a laptop

Yes, I would enjoy such a tool too ;)

Code reader/resetter 

Hi guys I am new to Volvos, but not to cars, and have been looking for the same thing for my S80 2.5D. After asking lots of manufacturers and trying a Scantool II without success, this firm claim they cover all Volvo's. Give them a try, I will next month. Gordon

Have a look at ebay item no 220125975749. i bought one and it works great, bl**dy quick delivery as well! Hope this helps

the story so far 

This will work: