Wednesday 25 March 2009
Quarter Day.
I note, from reports on the news that today is Quarter Day that day when shops are expected to find the next quarters rent upfront. It would seem from what the retailers association are saying that for many small businesses this could be the last straw as the recession deepens and that the Retailers want landlords to move towards monthly, rather than quarterly, payment of rent. We can only hope that our remaining retail establishments will be able to meet their rents and that people will make every effort to shop locally, where possible, in order to enable them to do so.
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