Debt at Morrisons hits £7.5bn.
Since the 2021 takeover by private equity, it has cut jobs;
sold forecourts, property, warehouses and is engaged in sale & leaseback of property and financial engineering.
Falling to sixth place in market share.
What next?
Debt at Morrisons hits £7.5bn.
Since the 2021 takeover by private equity, it has cut jobs;
sold forecourts, property, warehouses and is engaged in sale & leaseback of property and financial engineering.
Falling to sixth place in market share.
What next?
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Weetabix is owned by a US company, the largest shareholder in Sainsburys is Qatars sovereign wealth fund, Morrisons is owned by US private equity & Magic Breakfast is a charity
Weetabix is owned by a US company, the largest shareholder in Sainsburys is Qatars sovereign wealth fund, Morrisons is owned by US private equity & Magic Breakfast is a charity
Morrisons have been in trouble since 2022 when they bought McColl’s out of administration while Tories were in power
All McColl’s stores were loosing money & have continued too since Morrisons took over so the owners are to blame not Labour
Morrisons have been in trouble since 2022 when they bought McColl’s out of administration while Tories were in power
All McColl’s stores were loosing money & have continued too since Morrisons took over so the owners are to blame not Labour