Tuesday, July 21, 2009

RBS urged to free pubs from tie and sell to tenants

campaign has been launched urging the government and Royal Bank of Scotland (RBS) to free the bank’s 1,000 pubs from tied agreements and allow tenants to buy their pubs.
Fair Pint and the Federation of Small Businesses (FSB) have set up the campaign and want RBS – of which the government has a 68 per cent stake – to offer mortgages to its licensees and sell the pubs at “realistic” prices.

Read more:
http://www.thepublican.com/story.asp?sectioncode=7&storycode=64565&c=1

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