Mar 24, 2020

Burger King boss: We’re not going to pay our rent

Burger King chief executive Alasdair Murdoch has said that the fast food chain will not be paying rent due on its UK restaurants this week. Hundreds of High Street businesses are set to withhold their quarterly rent payments, which are due on Wednesday, so they can afford to pay their staff. "Mr Murdoch told the Today programme:"We are not intending to pay our rent. He added: "We could add three months on to the end of the lease for those people who are unable to pay in the short-term at the end of these three months." Richard Hodgson, chief executive of Yo! Sushi, told the Financial Times that non-payment of rent was "Not really a choice. It's just a basic piece of economics".

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