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The Supreme Court has revealed its ruling on whether insurers should pay out on business interruption claims relating to March’s coronavirus lockdown will be handed down this Friday (15 January). According to an update on 12 January, a judgement will be delivered at 9.45am and will be available to view via a live stream​ on the Supreme Court’s website.  Further reading Regulators v insurers: the verdict​ - Sometimes white smoke appears from a chimney and the result is clear. Sometimes, smoke rises from the battlefield, casualties are counted and it take...

Bitter blow: 'your code rights may be more important now than ever and I want you to know that my office and I are here to protect them during this hugely challenging time,' PCA Fiona Dickie wrote to tied tenants Pubs code adjudicator (PCA) Fiona Dickie has approved a new declaration to ‘pause and preserve’ key rights during fresh lockdown restrictions and written to tied tenants in recognition of yet another ‘bitter blow’. This latest declaration marks the continuation of two prior agreements with the regulated pub companies – Admiral Taverns, Ei Group, ...

2020’s biggest pub property stories  In the final pub property round-up of 2020  The MA​ looked back on 20 of the biggest deals, revamps and reopenings covered in the past 12 months. Recap the biggest property stories from 2020 here​.​ Pub ‘vanished’ roughly once every 20 hours during 2020 Some 446 pubs ‘vanished’ from communities in England and Wales last year, equating to an average of 37 a month, new figures show. As reported by  The Morning Advertiser (MA)​, analysis of Government data by real estate adviser Altus Group showed the overall number of pubs in England a...

Chancellor Rishi Sunak has stated that despite forecasts of further economic decline there will be no additional financial support for business hit by coronavirus restrictions before the Budget on 3 March.

Greene King Pub Partners has extended its 90% rent concessions for tied tenants until the end of the third lockdown, the pubco has announced. The firm said it has written to 1,000 tenants to confirm the discounts and estimated its total financial aid since the beginning of the pandemic in March last year now totals more than £25m. Greene King, which operates about 2,700 pubs, restaurants and hotels across England, Wales and Scotland, also stated the concessions are in place for pubs regardless of whether they are offering a takeaway service or not. The Morning Ad...