Morrisons lost more than one billion dollars in the last year due to debt finance pressures

Morrisons’ losses mount amid debt finance pressures. Higher interest rates hammer supermarket as it attempts ambitious turnaround plan. Morrisons has been hit by rising interest rates and higher interest rates in recent years. Supermarket has been in the throes of a financial crisis in recent months.

Morrisons’ debt crisis made it a supermarket loser. Retailer’s fight to win back market share is being undermined by a growing interest bill. Morrisons' fight to regain market share has been undermined by interest bill, it has been revealed. Retailers are struggling to find their way back into the market.

Morrisons sheds more than 8,800 jobs during another year of £1bn-plus losses. Latest annual accounts show supermarket paying price for debts taken on during 2021 takeover. Supermarket pays price for taking on debt taken on by 2021 takeover of supermarket chain. Morrisons loses £1billion-plus in annual accounts, latest figures show.

Morrisons posts £1bn loss as debt interest payments soar. Interest costs amounting to £735m help push retailer further into the red. Retailer also posts £700m loss as interest costs rise to £1.2bn. Morrisons posted £1billion loss in the first half of the year, down from £2bn in 2013.