Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Former Morrisons | |
Posted by: | N V Brooks | |
Date/Time: | 22/12/23 14:41:00 |
Given the parlous state of Morrison's finances (Moody’s the credit rating agency warned that the outlook for Morrisons’ ability to repay its £7.5bn of gross debt, including lease obligations, had shifted to negative from stable) I wonder how long they will occupy their new store at all. If a viable competitor moves into their old site, Morrison's continued foothold in Brentford could be very short. No need to make the political point Guy, although it doesn't help. The HA sector will be driven further to its knees by the culmination of all those 'greedy pigeons' coming home to roost. The original principals of the HAs seem to have been long forgotten and they are now, in the main, just another developer. |