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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Morrisons debts rise despite cutting almost 5,000 jobs last year

Average monthly staffing at the UK’s sixth-largest grocer declined from 101,144 people to 96,232 in the year leading up to last October - (PA Archive)

Supermarket group Morrisons cut close to 5,000 positions over the past year as the private equity-owned retailer sought to strengthen its overall financial position.

Filings lodged at Companies House reveal that total debt levels at the Bradford-headquartered business grew further, despite widespread efforts to reduce costs.

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