June 8, 2020 / 8:16 AM / a month ago

UK supermarket Morrisons extends faster payment scheme for small suppliers

LONDON, June 8 (Reuters) - British supermarket group Morrisons will make immediate payments to its smaller suppliers for a further three months to help them through the ongoing coronavirus crisis, it said on Monday.

Morrisons, the UK’s No. 4 supermarket chain, implemented the faster payment scheme in March to run until the end of May to help small foodmakers and farmers with their cashflow. (Reporting by James Davey; editing by Sarah Young)

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