Business rates policy change

Released : 18 03 2020

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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William Morrison Supermarkets plc published this content on 18 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2020 09:21:06 UTC