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Media Bites 9 Dec: Morrisons, Food ads, British American Tobacco

Morrisons has struck a £220m “sale and leaseback” deal that will allow it to accelerate the launch of Morrisons Daily, its convenience store chain. The supermarket group has agreed to sell seven of its distribution warehouses to Intermediate Capital Group, the FTSE 100 asset management firm, property agents say. (The Times £) Rishi Sunak faces a furious backlash from health experts after his government yet again delayed plans for a ban on pre-watershed TV advertising for junk food. (The Guardian) British American Tobacco has maintained full-year guidance following continued growth in demand for non-tobacco products (The Daily Mail). The maker of Camel and Newport cigarettes has warned of a r... [Read more]

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