Why there will be no coronavirus bonanza for investors
If there’s anything left from the business rates freebie, it’s unlikely to find its way to shareholdersSee all our coronavirus coverageSainsbury’s shares rose 11%; Morrisons’ were 10% better. Even in the midst of crisis, investors think they know how to price up a business rates giveaway from the chancellor.Morrisons on Wednesday announced underlying pre-tax profits of £408m for the past financial year. Add the £290m of store-related business rates that the co
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