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by robocat
2274 days ago
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How does trickle up pay the commercial rent for the example in the article with an events business? From article: “[businesses have gone] from regular trading to zero revenue in a week. My own sector, events, is literally illegal. Bars, restaurants and lots of others are in the same position or soon will be.”, “Some of our landlords have agreed to push a percentage of our rent back to later in the year, but it still has to be paid back. So we’ll pay double rent as we emerge into what will be a catastrophic recession.” I agree the government paying his staff helps the staff and helps fix his other issue “My own business is spending every last cent of our cash to keep our 60-odd staff employed in some way, even though we’re not allowed to do what we do.” |
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