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The Government has announced a package of support worth £5.5 million to help revive nearly 400 Town Teams.
Grant Shapps announced the plans after receiving an overwhelming volume of high quality bids for the Portas Pilot.
Mr Shapps also issued a call to MPs from the 392 Town Teams not chosen for the Portas Pilot to come forward to become a Town Team Partner. Those who become Town Team Partners will receive backing from the support programme to help put elements of their plans into action.
Our fear is that the support package will be spread rather too thinly to make the desired impact. On the other hand, and this has to outweigh pound signs, any focussed activity on improving town centres must be a good thing.
H&M is the latest retailer to confront its landlords about this ‘two tier retail market’ in an attempt to explore and negotiate more favourable terms.
View blog
Ann Summers is the latest retailer to have entered into new voluntary deals with the majority of their landlords, rather than using the CVA process.
We previously reported on the High Court decision of S Franses Ltd v The Cavendish Hotel (London) Ltd in which it was held that a landlord’s motive could not prevent it from successfully utilising ‘ground (f)’ under s30(1) of the Landlord and Tenant Act 1954 to oppose a lease renewal.
The FCA are encouraged to find that the implementation of the new rules has encouraged financial institutions to manage whistleblowing cases and concerns fairly, consistently and in a manner that protects the individual whistleblower.
Partner and Head of Real Estate
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