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Morrisons' profits hurt by supermarket price war

The supermarket chain Morrisons has reported a fall in half year profits of just over 30% as it feels the effects of cutting prices to win back shoppers.

It said pre-tax profits for the six months to 3 August fell to £239m from £344m a year earlier.

Morrisons is one of the "Big Four" supermarkets squeezed between the higher end of the market and discount stores, including Aldi and Lidl.

Emma Simpson reports.

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