Burger King boss: We’re not going to pay our rent

Burger King chief executive Alasdair Murdoch has said that the fast food chain will not be paying rent due on its UK restaurants this week.

Burger king
Burger king

Hundreds of High Street businesses are set to withhold their quarterly rent payments, which are due on Wednesday, so they can afford to pay their staff.

 

The government has said shops will not forfeit leases if they do not pay, but will have to pay arrears in the future.

Richard Hodgson, chief executive of Yo! Sushi, told the Financial Times that non-payment of rent was "not really a choice. It's just a basic piece of economics