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MPs warned that 75% of the UK’s nightlife venues face bankruptcy without COVID rent solution
13.05.2021 - 02:11 / nme.com
coronavirus pandemic.The NTIA, which represents the interests of nightclubs, bars, music and entertainment venues across the UK, addressed the All Party Parliamentary Group for the Night Time Economy yesterday (May 11) about the estimated £2.5 billion rent crisis that is currently facing nightlife operators.The debt crisis has led to 75 per cent of commercial tenants in the UK’s nightlife sector facing the prospect of bankruptcy in the near future, according to a new survey of 360 corporate and
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