Morrisons debt pile swells to £7.5bn as lease liabilities climb

Morrisons’ debt pile has climbed to £7.52bn as rising lease liabilities and preference share obligations weighed on the supermarket’s balance sheet.
Net debt at Market Topco, the ultimate parent company of Morrisons, increased from £7.07bn to £7.52bn in the year to the end of October, according to newly filed accounts.
The grocer’s total lease obligations jumped to £1.97bn from £1.75bn over the period, with Morrisons attributing much of the increas