March Quarter Day – Who will be left standing?

The British Retail Consortium has led a long-running campaign to encourage landlords to switch from quarterly to monthly rental terms, arguing that quarterly rents cause major cash flow difficulties for retailers. The BRC has predicted today’s demands would mean “the toughest quarterly rent payments day for at least 18 years as … hard-pressed retailers face rent bills totalling hundreds of millions of pounds”.

Meanwhile restructuring experts have warned that the quarterly rent bill could be the tipping point that would force a significant number of retailers into administration.

Terence Ritchie offers some top tips to landlords and tenants.

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