Speaking to The Morning Advertiser’s Ed Bedington, Admiral CEO Chris Jowsey said operators would only pay 50% of their rent for the first months of opening, July and August, with that stepping up to 60% for September and October and then a gradual increase, but it would only rise back to 100% in April 2021.
He said it was important for his company to take a long-term approach to supporting their pubs back into business and that they’d put together a comprehensive guide to help operators get back to trading.