The United kingdom It is willing to extend its ban on evictions of commercial tenants until next year to prevent businesses affected by COVID-19 from losing their facilities while pandemic restrictions remain in place.
The ban was due to expire on June 30, but Treasury Secretary Steve Barclay is likely to announce at least a six-month extension when he addresses the House of Commons on Wednesday, according to two people familiar with the matter. Undisclosed proposals. The planned extension was previously reported by the Daily Telegraph.
Some British companies are facing delays in getting back to normal after Prime Minister Boris Johnson refused to fully lift restrictions due to a spike in coronavirus cases. Nightclubs have been closed for 15 months and social distancing rules prevent bars and entertainment venues from operating at full capacity, undermining their profitability.
The ban on evictions has been in effect since the early days of the pandemic last year. The Department of Housing, Communities and Local Government issued a request for evidence in April on how to get rid of the freeze, saying a “carefully managed exit” is necessary to preserve the rental businesses and the millions of jobs they support.
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