Podcast 22 Jun 2021

57: Kicking the can down the road

The UK Treasury has extended a ban on commercial evictions until March 25th, 2022, as the government seeks to protect businesses through the final stages of the Covid-19 pandemic. Nick and Jo explain why this is just kicking the can down the road, into an inevitable minefield of insolvencies. When landlords are finally allowed to evict tenants, there will be upwards of £10bn collectable. Also covered are sky high freight shipping rates. Where is the ceiling for box shipping and just how close are we to topping out in terms of today’s record freight rates?.. High freight rates are being driven by equipment and space shortages.

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