Rent Arrears

Rent collection rises across hospitality sector

Rent collection rises across hospitality

By James McAllister

The percentage of hospitality businesses able to pay rent has 'significantly improved' over the three weeks following June quarter day, according to the latest data from property agency Colliers.

Scotland extends rent protections lease irritation moratorium rent debt hospitality

Scotland extends rent moratorium

By James McAllister

The Scottish Government has extended its rent irritation moratorium for a further six months until the end of September.

Wales extends lease forfeiture moratorium as calls continue to grow for permanent solution to the rent debt.

Wales extends lease forfeiture moratorium

By James McAllister

The Welsh Government has extended the lease forfeiture moratorium until the end of June, as calls continue to grow for a permanent solution to the hospitality sector's growing rent debt.

Caffè Concerto to launch CVA after legal action launched by landlord Criterion Capital

Caffè Concerto to launch CVA

By James McAllister

London-based patisserie chain Caffè Concerto is launching a Company Voluntary Arrangement (CVA) in an effort to reduce its rent debt after facing legal action from one of its landlords.