Wm Morrison In line for the checkout

Wm Morrison’s shareholders need a boardroom squabble like they need a hole in the head. They are already reeling from the five profit warnings that the UK supermarket group has put out since its acquisition of Safeway over a year ago. The last thing they want is for the board to implode too. Yet that is precisely what seems to be happening. Sir Ken Morrison, the septuagenarian chairman of the supermarket chain, has crossed swords with David Jones, his only non-executive director, over the appoin...