By Stephen Jones2026-08-03T11:06:00
Source: Morrisons
Morrisons blamed unexpected ‘headwinds’ to the tune of £200m in costs from Rachel Reeves’ autumn 2024 budget, and the impact from a cyberattack which crippled its supply chain in the run-up to Christmas 2024.
Morrisons’ losses have grown to nearly £1bn despite an improvement in sales.
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