CALLING TIME ON RENT REBELS COULD SIGNAL END FOR 5,800 COMPA

CALLING TIME ON RENT REBELS COULD SIGNAL END FOR 5,800 COMPANIES – International Supermarket News


CALLING TIME ON RENT REBELS COULD SIGNAL END FOR 5,800 COMPANIES
Landlords getting tough with so-called ‘rent rebels’ could force 5,834 companies out of business and trigger £326m worth of insolvent debt that further decimates city centres, according to analysis from the UK’s No.1 insolvency score, Red Flag Alert.
Concerns are mounting that April will see companies fighting for survival after a COVID-19 moratorium on evictions ends on 31
st March 2021 and business rates start again after a 12 month tax break for retail, hospitality and leisure businesses.
The end of these support measures is likely to see landlords demanding quarterly rent payments on 1

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