Morrisons Supermarket plc

So the three dogs, literally my whole life revolves around them.

So it starts off you know an hour or two hour walk with them and then I'll go to the gym and then I'll go to the supermarket then I'll come home then I'll read or clean or do laundry or whatever it is and that's it you know some days I don't see it I've just started CrossFit actually just so I can be a bit more sociable that's the only reason Just to be a bit more sociable because there's some days I might not see or speak to another human being apart from like the ladies in Morrisons who

are lovely.

Sounds perfect.

But it's like, again...

If those who don't listen must feel, do you know what I mean? If we're complaining that, you know, Tesco and Morrisons and Sainsbury's are hitting record profit of billions in the economy we're living in.

I saw a woman, she did a TikTok video on the prices she's paid in 2022 compared to now.

She bought the same items, everything.

People always forget, she wasn't active for about two weeks of that because the Queen had died.

And it was very much the era of remain in your centre park's lodges, let us reduce the volume of the tills in Morrisons.

But I tell you what, it is brutal.

The other day I was in...

And getting a better deal for Britain, can I tell her, is part of this job, and I'm standing up for British business.

Can I tell her who supports what we're doing? The CBI, the Federation of Small Business, the British Retail Consortium, Asda, Morrisons, Marks & Spencer, Salmon Scotland, they all support what we're trying to do.

Why doesn't she join with us, with other colleagues across this House, and send a strong message that Britain is calling for a better Brexit deal so that we can get growth going again, as my right honorable friend will shortly show to this whole house?

Hear, hear.

But I think there is a slight danger that this is going to set in a panic.

And when I was in my local Morrisons in my constituency yesterday, I was being told that, you know, tins of peas were rushing off the shelves as people... we're going to buy them.

I mean, we're not going to be in that situation, but clearly it is sensible to have precautions.

Also with us, Hannah Peaker, Deputy Chief Executive of the think tank, the New Economics Foundation, whose stated aim is to create a new economy that works for people and within environmental limits and to shift power to people and communities.

It doesn't have to involve private equity, but in this case it does.

So we're using Morrisons as an example.

And Morrisons has a very complicated legal entity structure.

Now I'm going to use the word Morrisons here, but they have a very complicated legal entity structure such as Market Top Co Group and Hold Co and all of these different legal entities.

But I'm going to use the word Morrisons so that it makes sense.

So Morrisons in 2025 had a revenue of £15.7 billion.

That means £15.7 billion just in terms of the revenue that the business saw.

So all of the sales, et cetera, it's 15.7 billion pounds.