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Jim Armitage: Oh dear, the Morrisons have got trouble in store...

Jim Armitage
Thursday 13 February 2014 01:00 GMT
Comments

Outlook Good thinking by the junior Morrisons family members. What this supermarket really needs is a rapacious financial engineering giant to march in, load it up with billions of pounds of debt, flog off all its properties and move its tax domicile to the Cayman Islands.

Oh yes, and then flip it again in five years' time. Nothing can possibly go wrong.

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