Retail Review
Ring up the latest changes to the sector with Retail Review, the podcast series from Womble Bond Dickinson. In each episode join members from across the firm as they discuss the latest developments and trends in the sector and what they mean to you.
Retail Review
Law Commission Consultation – Security of Tenure
Hot off the press: the Law Commission have issued their provisional conclusions on reform to the Act on 4 June 2025.
In short, it is an initial win for retail and the provisional recommendation is to retain the current "contracting out model, not expand the current types of tenancy that are excluded from the 1954 Act but they do recommend further consulting on extending the threshold for tenancies to be able to benefit from security of tenure under the 1954 Act from 6 months to two years.
A second consultation paper will now follow, detailing how any recommended model or change in scope would work, reviewing the current contracting out process and proposing other technical changes to the Act.
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With the Law Commission currently consulting on the security of tenure in commercial leases, how may the proposed changes impact your business going forward?
Join partner Nikki Powell and associate David Jones as they dive into the implications of proposed changes to the 1954 Act, what groups of retailers are thinking about the changes, and the potential impact on employment within the retail industry.
