Morrisons is struggling to bring its £7bn debt under control Morrisons is exploring a sale of its food manufacturing arm as the Iran war fuels British businesses’ fear of inflation. The Telegraph understands that Rami Baitiéh, the chief executive, has entered into talks with at least one private equity firm about a deal to sell its entire food production operation as pressure builds on the supermarket to reduce its debt burden. Discussions were still ongoing as of last week, with the bidder having line ...