Posted by Vicky Hernandez, Partner
Recently published research suggests that hospitality salaries have increased by 18% compared to last year, with retail salaries also showing a noteworthy 10% rise.
Posted by Vicky Hernandez, Partner
Seeing the pictures of different Debenhams stores around the country closing their doors for the very last time has saddened me this week.
Posted by Vicky Hernandez, Partner
The unintended consequences of Covid-19: some of the positive effects it is having on agribusiness and the rural economy
Posted by Vicky Hernandez, Partner
The government has delayed making a decision on introducing a new tax on online sales in its March Budget following dramatic growth in online sales during the COVID pandemic. It had been widely anticipated that this would be accompanied by a shake-up of the business rates regime and throw a much-needed lifeline to struggling high streets.
Posted by Vicky Hernandez, Partner
The government has set out its eagerly awaited roadmap to re-opening a locked-down country. Shops and hairdressers together with outdoor hospitality will reopen from 12 April, with all restrictions hopefully removed by 21 June.
Posted by Vicky Hernandez, Partner
No-one would argue that 2020 hasn’t been tough for retailers but there are some who are emerging as clear winners from this turbulent year.
Posted by Vicky Hernandez, Partner
It’s the September quarter day and an important day for retailers as, for many, the next quarter’s rent will be due to their landlords. However, as the Government recently extended its moratorium on the recovery of commercial rents until the end of the year landlords may not have high hopes of being paid today.
Posted by Vicky Hernandez, Partner
Here we explain the changes to the property use class system, and Vicky Hernandez comments on what the changes might mean for landlords.
Posted by Vicky Hernandez, Partner
Vicky Hernandez from our Real Estate team comments on the latest guidance for retailers as wearing masks in shops becomes mandatory from today, 24 July 2020.
Posted by Vicky Hernandez, Partner
In a case keenly watched by the agricultural sector, a planned housing development on a farm in south Wales may not be able to proceed due to the developer being unable to undertake wildlife surveys. A ruling that has significant implications for both landowners and agricultural tenants.
Posted by Vicky Hernandez, Partner
Creditors of AllSaints, the fashion retailer with 225 stores in 26 countries, have today approved its CVA with a majority vote of over 90% in favour of the retailer’s proposals. The CVA will see rents paid to landlords in the UK, Canada and the US directly linked to the future success of the retailer through the adoption of turnover rents.
Posted by Vicky Hernandez, Partner
Following the news that Intu is close to administration, Vicky Hernandez from our specialist Retail team looks at what this might mean for commercial landlords in the sector as well as the future of the high street.