Britain's Morrisons to cut prices on 135 products
date:Jun 23, 2014
same amount.

The latest round of reductions covers predominantly grocery and household products and includes both big brand and own-brand items, Morrisons said in a statement on Sunday.

It will see prices slashed by as much as 41 percent, with an average reduction of 14 percent, it added.

These are permanent price cuts, not promotions, and they won't be the last, said Chief Executive Dalton Philips.

Inflation in Britain dropped to a four-and-a-half-year low last month, partly due to lower fo
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