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Pub Sector: repercussions of the Market Rent Only law

Pub Sector: repercussions of the Market Rent Only law

Legislation effective today makes it possible for pub tenants to set aside the traditional drinks tie with pub companies, and instead buy their drinks from cheaper sources. Pub companies have had time to adapt their strategies where relevant. This will change the sector in ways the sponsors of the legislation did not intend. We anticipate less immediate disruption than headline would suggest, although the inevitable uncertainty comes at exactly the wrong time given the post-Brexit hit to consumer confidence.

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