Should Morrisons really be hiking its dividend after having received a fat subsidy from the government?
That debate is live again after Britain’s number four supermarket hiked its pay out by nearly 6 per cent to £49m. The group reported £155m of extra Covid-related costs, including the need to take on hordes of extra staff who had to be paid.
Cushioning the blow: £93m worth of business rate relief courtesy of the government’s business rate holiday.
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