Greene King offers another £6m in rent concessions

Greene King has announced an additional £6m of financial support for its tied tenants. MD Wayne Shurvinton has written to all Greene King’s tied pub tenants to confirm a 40% rent concession will be in place for all tied pubs for a further four weeks after the current support comes to an end. That will be followed by a 30% rent concession for the four weeks after that, taking support through until October. Tied tenants buying barrels of beer or cider from Greene King will also continue receiving a trade credit of £35 per barrel through to 2021.