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Friday 19 April 2019

High street retailers looking to landlords to help ease the financial burden

There are serious questions an even more complaints about the business rates system:
Futures Forum: Are councils failing to apply discounts on business rates?
Futures Forum: High street shops to expect rise in business rates
Futures Forum: Calling for a Royal Commission into business rates
Futures Forum: Sidmouth businesses welcome plans to cut rates, but still fear for future and rising costs

Another aspect is rent - and how that might be changing: 

Drapers Investigates: the retailer-landlord balance of power

26 MARCH 2019 

BY EMILY SUTHERLAND

As conditions on the high street heap pressure on retailers, they are looking to landlords to help ease the financial burden. Drapers investigates the changing balance of power between the two



The latest episode from Radio 4's In Business looks at the issues:

Behind the Facades

In Business

The relationship between landlord and tenant is an important, often unseen, dynamic that most of us don’t give much thought to. And yet, it's reshaping high streets up and down the country.

High rents are blamed for the collapse of so many retailers - they appear unsustainable yet they are the vehicle through which much of our pension wealth is invested.

In this programme, Ruth Alexander looks at different models of ownership: from the big financial institutional investors through to the original aristocratic landowner and asks how - in the turmoil created by the rapidly changing retail environment - these landlords are facing up to a new reality.


BBC Radio 4 - In Business, Behind the Facades
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