Morrisons chair promises ‘good Christmas’ for shoppers
As the supermarket’s ownership is settled, its chairman says supply issues have been “slightly overblown”. …
What did the City miss? According to Andy Higginson, Morrison’s outgoing chairman – like the company’s other non-executive directors, he will leave when the deal is completed – the Square Mile’s fund managers could not see the “inherent strength” of the chain, which owns many of its store freeholds, has its own food production assets, and a pension scheme in surplus.
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