Chain expected to slip out of list of UK’s biggest companies in latest quarterly review after an 11% slump in its share priceMorrisons is braced for demotion from the FTSE 100 as it continues to suffer from a supermarket price war.
The Bradford-based chain is expected to slip from the list of the UKs biggest companies in the latest quarterly review after an 11% slump in its share price over the past month alone, taking it close to a five-year low.
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Source: theguardian.com