Morrisons posts £1.1bn loss as debt payments rise

The company’s fuel sales fell over £560m down to £3.4bn just two months before it offloaded its petrol forecourt business to Motor Fuel Group for £2.5bn

Morrisons has posted a loss before tax of £1.1bn for the year ended 29 October 2023 as its debts increased as a result of its takeover by Clayton Dubilier and Rice.

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