Ex-Morrisons executive appears in court

THE former treasurer and head of tax at the Morrisons supermarket chain has appeared in court charged with two counts of insider trading.

Paul Coyle, 50, appeared at Harrogate Magistrates’ Court on Thursday.

The charges are in relation to trading in Ocado Group shares between February and May 2013. The two firms announced a £200m distribution deal in May.

Mr Coyle, of Warwick Crescent, Harrogate, was bailed to appear at York Crown Court on November 24.

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