Star Pubs and Bars has announced that it is offering all its pubs on core leased and tenanted agreements in Scotland and Wales 30% rent reductions to support them while they are subject to additional Government restrictions.
The move follows its £62m rent support since March 2020,
The rent concessions came into effect from 26 December in Wales and 27 December in
Scotland, when the restrictions were imposed on hospitality, and will remain under review in
the event of any Government policy alterations and additional Government support for the
Lawson Mountstevens, managing director Star Pubs and Bars, said: “The end of 2021 was hugely disappointing for pubs in Scotland and Wales due to the significant additional restrictions they had imposed on them during the festive period, which has been a real body blow to the industry.
“With many pubs suffering a downturn in trade as a result of the reintroduction of restrictions
in Wales and Scotland we believe the best support we can provide at this time is to offer rent
He added: “We’ll also continue to lobby the UK, Scottish and Welsh Governments to provide further meaningful long-term support to the industry including alcohol duty reductions and business rates reform.
“We’re living through unpredictable times which are challenging for individual pubs and for
the industry as a whole. However, we have sought to be consistent in the rent support that
we provide our licensees while Government restrictions are in place. Throughout the
pandemic we have endeavoured to be fair, equitable and transparent with our rent support
and will continue to be so.”