Hospitality, retail and travel bosses ask government to intervene or face wave of insolvencies
The government must convince commercial landlords to forego some of the rent built up during the pandemic or face a wave of insolvencies when payments fall due in July, business leaders have warned.
Speaking at a Treasury select committee hearing, trade body bosses in travel, hospitality and retail said the easing of restrictions was not enough to avoid business failures and job losses in debt-laden sectors.