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looks like it s doing ok, says keith marsden. this extra extension in restrictions is a little bit like an iceberg. a lot of it you don t see. if you come in here on a busy weekend you think, oh, yeah, they re doing quite nicely. but beneath the surface there is lots of problems lurking. people having to aggressively chase debt, landlords have let people off with rent, business rates holidays, things like that, they re now coming to the surface. all these things will precipitate a massive amount of failures in the hospitality business. and those icebergs start arriving at the end of this month. this delay doesn tjust prolong the loss making agony, it s actually worse than that. at the beginning ofjuly government support for staff wages begins to start tapering off. businesses will have to start paying rates again, albeit at a reduced level, and a ban on landlords evicting tenants facing big rent arrears expires. the financial emergency is notjust prolonged, it s getting more acute. a

Pub looksKeith marsdenBusiness ratesGovernment supportDelay doesn tjust prolongHospitality businessBeginning of julyTapering offRent arrears