One of the biggest pub company groups in the UK, Punch Taverns, have said they hope today's announcement will "bring an end" to a long period of uncertainty for the sector.
This comes as the Government announced a long-awaited plan to tackle complaints about landlords "tied" to large pub companies.
Andy Slee, central operations director at Punch Taverns, said: "We now want to work with all parties to continue to build a long-term sustainable future for British pubs".
Slee said: "Whilst self-regulation provided pub tenants with protections greater than commercial tenants elsewhere, we remain committed to making the best of the Government's proposals."
More top news
A hitchhiking robot that won the hearts of fans worldwide has met an untimely end after being vandalised on its trip across the US.
Rules could be changed to remove support for failed asylum seekers living in Britain with their families, a Home Office minister has said.
More than 50 dog surfers of all breeds and sizes joined an annual dog surfing competition in California