BREAKING NEWS: Intu Shopping Centres Falls into Administration

Breaking News - Police lower recruitment age to 17 to add 20,000 officers

Intu, one of the UK’s biggest shopping centre landlords, said it was unable to reach a deal with lenders over a €5bn debt timebomb and it has gone into administration.


THE firm runs a total of 17 sites including the Trafford Centre in Manchester and the Lakeside in Essex and had warned it faced disaster without a standstill deal on loan repayments, as income from rents dried up during the coronavirus crisis.

-- Advertisement --

More to follow on the breaking story later today.

#intu #traffordcentre


Please enter your comment!
Please enter your name here