The rich and powerful always have ways for increasing both at the expense of the masses. I guess one is entitled to a fair rent, but in these times, a little chartity wouldn't have hurt.
Haven't read the article (going out for the paper now) but I'd guess this is down to minions.
These Emirs like to appear generous and can afford to be, so I could see the rent being waived.
To the filthy rich, it's not personal, just business. Whether or not 'tis true, I read that SCM, a company that specialises in investing in businesses hit by falling share prices, stand to make a fortune from the virus. A certain Jacob Rees Mogg has a 15% stake in SCM.
Aunt polly,
Years ago someone tried to write a book.
WHO OWNS SCOTLAND,
His reason was ,he was amazed at the amount of foreign ownership,
He never finished the book as he was blocked from information in regards to ownership.
We do still need business to work and to make profits where possible. Money is the oil in the financial engine. The worst thing would be for all of industry & commerce to collapse.
TonyV they are buying up all of the traditional shooting estates as the landed gentry gently go bust and have to sell them off. In Upper Teesdale and further north they are throwing Tenant farmers off the land they have farmed for generations as the sheep 'disturb' the pheasants and its not cost effective.
That is truly shocking.
If the Health Minister knowingly agreed to pay £3Million/month then he really should be resigning.
During lockdown the exhibition centre wasn’t going to be having any shows or visitors, so it revenue would have been zero. So the argument about it being a commercial rate is hogwash.