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viewWM Morrison Supermarkets PLC

Morrison W.Sprmkts - Business rates policy change

RNS Number : 5952G
Morrison(Wm.)Supermarkets PLC
18 March 2020
 

News Release

 

Release date: 18 March 2020

 

Business rates policy change

 

We note the UK Government's announcement yesterday "giving all retail, hospitality and leisure businesses in England a 100% business rates holiday for the next 12 months". We are currently awaiting further details regarding the implementation of this policy and are assessing its potential impact. Morrisons paid business rates in the UK of £308m for our 2019/20 financial year, of which c.£290m related to stores.

 

 

 

Enquiries:

 

Wm Morrison Supermarkets PLC

 

Enquiries:

 

Wm Morrison Supermarkets PLC

 

Michael Gleeson - Group Financial Officer

0845 611 5000

Andrew Kasoulis - Investor Relations Director

0778 534 3515

 

Media Relations

 

Wm Morrison Supermarkets PLC:

Julian Bailey

0796 906 1092

Citigate Dewe Rogerson:

Simon Rigby

020 3926 8522


Nick Hayns

020 3926 8503

 

 

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Quick facts: WM Morrison Supermarkets PLC

Price: 188.95

Market: LSE
Market Cap: £4.54 billion
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