Monday 22 Apr 2013 @ 16:30
Department for Business, Innovation and Skills
Department for Business, Innovation and Skills
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New proposals to help struggling pubs get a fair deal
Proposals to help struggling pubs get a fair deal were announced today by Business Secretary Vince Cable.
Pubs struggling to pay rent or beer prices could save thousands of pounds a year each, thanks to a new Code of Practice and the backing of a powerful Adjudicator, under proposals announced today by Business Secretary Vince Cable.
Ministers want to make sure that pub tenants are treated fairly by pub companies and hope that the new proposals will save tenants £100 million per year. The Code would contain mandatory rules for all pub companies who own a certain number of pubs. In particular it would stop pub companies abusing the beer tie, which obliges tenants to sell certain types of beers often at high prices.
