Voluntary code for smaller pubcos published
There are two new codes, one for lessees and another for tenants for both England and Wales, both of which were written by the Independent Family Brewers of Britain (IFBB) in conjunction with the British Beer & Pub Association (BBPA).
Lessees and tenants covered by the code will continue to have the same arbitration services for rents (PIRRS) and other disputes (PICAS) overseen by the Pub Governing Body (PGB). The British Institute of Innkeeping (BII) will continue to administer the service on behalf of the PGB.
Membership
As a requirement of IFBB and BBPA membership, all member companies will be covered by the codes.
In addition, Trust Inns and New River Retail have already signed up and talks are taking place with other companies which are not members the two organisations.
To make the system of self-regulation more streamlined, companies will no longer need to produce codes for accreditation.
However, it is envisaged that the PGB will develop mechanisms to monitor compliance by code signatories over time.
4,000 pubs
In total, the code covers over 4,000 pubs in England and Wales. The associations hope it will ensure there will be a seamless transition for lessees and tenants. A further code for Scotland is also being published.
James Staughton, Chairman of the Family Brewers, said: “The Family Brewers are committed to driving transparency throughout the industry and we have worked hard alongside key stakeholders to co-create the new code of practice.
“All of our members will adhere to the new code and it now forms part of our membership criteria. We are committed to building stronger relationships with tenants and lessees and the introduction of the code is another example of how Family Brewers are focused on attracting and retaining the industry’s best talent across accommodation, food and pubs.”
Low-cost and flexible
Brigid Simmonds Chief Executive BBPA, added: “These new codes are good news for lessees and tenants, and we have worked hard to ensure that the system of self-regulation continues for the smaller companies.
“It is a low-cost and flexible system that has worked well, and I am delighted that it will continue, with the Pub Governing Body overseeing the arrangements.”
