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The Business, Innovation and Skills Committee are to launch an inquiry into Britain’s retail industry. The inquiry comes after the collapse of a number of major high street retailers in the past few months.
The Committee will examine the Government’s support for the industry – in particular its response to the Portas Review.
It has been reported that the £10m government fund, set up last year to help revive the high street has barely been touched – reports suggesting as little as 7% of the money has actually been spent.
Councils have been criticised for sitting on the money rather than using it to deal with the crisis.
The Committee will also explore the “impact of on-line sales and direct sales on high street retailers”.
Its findings could help highlight the issues faced by the retail sector; however whether these issues are actually addressed remains to be seen…
The Government appears set to announce plans on ‘living with Covid to restore freedom’. With the success of the retail and hospitality sector key to recovery, what protections will be on offer to tenants to deal with Covid-19 rent arrears?
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Break rights have proved a fertile source of litigation over the last few years. More often than not, tenants have found themselves on the wrong end of the decisions. However, a Court of Appeal decision yesterday has bucked that trend.
One of the requirements for tenants to contract out of the security of tenure regime contained in the Landlord and Tenant Act 1954 is that they make a simple or statutory declaration before entering into the lease.
Landlords should reconsider summary judgment if a Part 26A restructuring plan is pending.
Legal Director
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