Posted by Vicky Hernandez, Partner
Contributing authors: Kate Benefer
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 David Israel, Partner
The Chancellor Rishi Sunak today made an emergency Summer Statement focused on saving jobs and the UK’s struggling hospitality sector. But will restaurants and cafes have enough cash to keep them going until the scheme kicks in next month.
Posted by Natasha Bowcott, Senior Associate
Commercial landlords: our Real Estate team offers guidance on dealing with tenants in these unprecedented times.
Posted by Ian McEwan, Partner
As a commercial tenant, you’re safe – for now. However, the forfeiture moratorium under the Coronavirus Act 2020 is not a rental holiday. Unless you’ve agreed alternative arrangements with your landlord, your rent still falls due under the terms of the lease.
Posted by Bharat Nahar, Partner
The Government have announced a 3 month forfeiture moratorium on commercial leases in light of the upcoming rent quarterly payment on 25 March. The ban on evictions of commercial tenants will form a part of the emergency Coronavirus Bill currently going through Parliament but what protections will it and won’t it afford tenants?
Posted by Bharat Nahar, Partner
With bars and restaurants being one of the biggest commercial consumers of water, how might an impending water crisis impact their operation and bottom line? We take a look at the most likely forms of government intervention and advise restaurant and bar operators to start thinking about their water footprint.
Posted by Bharat Nahar, Partner
One of the less obvious effects of the referendum vote – and the resulting dip in the value of the pound – is the boost it’s given the UK leisure and hospitality sector. Research by Travel Weekly, the UK’s market-leading publication for the travel industry, has revealed that the number of people spending their annual summer break in the UK has gone up by 12% from 57% to 69%.
Posted by Malcolm Gregory, Partner
Under section 13(1) of the Employment Rights Act 1996 an employer may not make a deduction from an employee’s wages unless:
• It is required or authorised to be made by a statutory provision or a relevant provision in the employee’s contract, which covers things like tax and NI; or
• the employee has previously consented in writing to the deduction.
Posted by Natalie Birrell,
Royds Withy King has forged a strategic alliance with Peter Moody, Principal at Red Pie Consulting – a legal management consultancy based in London – in a move which is expected to enhance both firm’s client offerings.
Posted by Stewart Wilkinson, Partner
Contributing authors: Bharat Nahar
As retail and restaurant brands struggle to adapt to an increasingly uncertain economic environment, Company Voluntary Arrangements (CVAs) have become more common, and more prominent in the news. But what does this even mean for retailers and landlords? Are they a vital lifeline, or are they just adding pressure to a sector that is already showing concerning signs?
Posted by David Lane, Senior Associate
Chancellor Philip Hammond has announced special business rates protection for pubs in England in the final Spring budget statement to recognise “the valuable role that local pubs play in our communities”.