Morrison chief executive David Potts is undertaking a full review of the business Photograph: PA Undated handout photo issued by Morrisons of David Potts who rose through the ranks of Tesco after starting his career as a shelf stacker and is now to take charge of rival chain Morrisons. PRESS ASSOCIATION Photo. Issue date: Wednesday February 25, 2015. Potts will be the “fresh pair of eyes” called for by the Bradford-based business when it ousted former chief executive Dalton Philips last month. The appointment reunites Mr Potts with former Tesco senior executive Andrew Higginson, who is now chairman of the UK’s fourth largest grocer. See PA story CITY Morrisons. Photo credit should read: Morrisons./PA WireNOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.

Wm Morrison Supermarkets’ new chief executive David Potts gave few indications pm Thursday of how he plans to revive the struggling UK grocer after r(...)

European Central Bank president Mario Draghi says policymakers are ready to implement further stimulus measures if needed. Photograph: Ints Kalnins/Reuters

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Dave Lewis, chief executive of the British grocery chain Tesco, said yesterday that he isn’t working on a rights offering to boost the company’s equity base.  shoppers. Photograph: Suzanne Plunkett/Reuters

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Despite the profit fall Morrisons is paying an interim dividend of 4.03 pence, up 5 per cent and confirmed a commitment to pay a full-year dividend of not less than 13.65 pence

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