Blog: Unoccupied property – flexibility to help recovery and regeneration

Caroline King, of Pen Underwriting, on why providers can no longer be ‘monochrome’ in their approach to commercial premises.

From the extension of furlough and business rates holiday, to cuts in VAT and an extra £5bn of ‘restart’ grants for shops and others forced to close, Rishi Sunak’s Budget may have offered some temporary relief for struggling UK firms. But with businesses up and down the country under enormous strain inflicted by a year of lockdowns, enforced closures and other Covid-19 restrictions, we can’t ignore the fact the pandemic has dramatically accelerated existing trends – particularly in our UK retail