Is the end of the beer tie good or bad news for pubs?
The pub sector is back in the news after MPs passed an amendment which impacts on pub companies who operate tenanted pubs. The move is being seen as the end of the beer tie and of excessive control over landlords. So what is the beer tie and why is it news? The ‘tie’ system refers to the structure of businesses where pub companies buy a pub and then lease it to a tenant landlord who pays rent...