By Mark T Connor • 19 June 2020 • 13:56
Help for companies facing eviction
A new code of practice has also been developed to provide clarity for businesses when discussing rental payments and to encourage best practice so that all parties are supported.
“As our high streets come to life and our town centres open for business, it is crucial that both landlords and tenants have clarity and reassurance as they seek to keep their finances stable and bounce back,” said communities secretary Robert Jenrick.
“That is why we are extending measures to protect those who are unable to pay rent from eviction so that businesses have the security they need to plan for their futures.
“And in recognition of the strain that the virus has had on our high streets, our new code, backed by leaders across the industry, will help unlock conversations on rent and future payments whilst ensuring best practice is displayed across the board as we confront the challenges of this pandemic.”
Business secretary Alok Sharma commented: “From clothes stores to our local book shop, we want as many high street businesses as possible to emerge from the pandemic, in the best position to bounce back.
“During this particularly challenging time for businesses, our retail stores are safely welcoming shoppers back and taking the necessary steps to drive economic recovery.
“By putting a stop to unreasonable evictions, these measures will protect jobs and provide further flexibility to our high street businesses that were trading successfully before the Covid-19 emergency, so they can focus on continuing to deliver for their customers and communities.”
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