All eyes are on Morrisons this week as the supermarket group prepares to release its half-year results tomorrow.

The retailer is due to announce its interims for the six months to July 24 following an audit by accountants KPMG.

However, analysts are finding it hard to predict what Morrisons could report, after the group said earlier in the year that profits would be anywhere between £50m and £150m - well below analyst’s initial forecasts of £225m to £275m.

Meanwhile, Morrisons is expected to complete the sale of Safeway’s head office in Hayes, West London, within the next couple of weeks.

Reports suggest that American property developer Hines, backed by an unnamed institutional investor, is finalising a £20m deal for the site.

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