Morrisons has battled high debt costs since its £10bn acquisition in 2021 - Greg Balfour Evans/Alamy Morrisons plunged to a £381m loss last year as it battled steep borrowing costs and weaker consumer spending. The private equity-owned grocer revealed that its debt interest bill hit £281m in 2025, derailing attempts to turn a profit. Despite ending the year once again in the red, bosses hailed a drop in net debt to £3.1bn, down from £3.5bn last summer. The retailer’s initial results announcement also d ...