Retailers: Govt must reform lease law to protect jobs

Retail Ireland have written to the minister for Justice Dermot Ahern to call for a reform of the law related to leases.

Retail Ireland director Torlach Denihan said: "Retail Ireland has asked that he build on his decision to abolish upward-only rent review clauses by undertaking a fundamental reform of the law relating to leases. This reform is urgently needed to save jobs and respond to the unprecedented economic crisis affecting retailers.