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Evening Standard

Alex Daniel

Morrisons sales surge amid growing grocery market share

Morrisons Rami Baitieh Rachel Reeves Sainsbury

Morrisons was one of more than 70 retailers to warn of job cuts after the October Budget (Mike Egerton/PA) - (PA Wire)

Morrisons sales jumped last year as the supermarket said it took market share from competitors and grew its loyalty card scheme.

The company said like-for-like sales rose 4.1% in the year ending October 27, while earnings jumped to £835 million from £751 million in the previous 12 months.

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