Author Topic: INTU warns shopping centres may close  (Read 224 times)

celeste

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INTU warns shopping centres may close
« on: 10:19:24, 23/06/20 »
https://www.bbc.co.uk/news/business-53136807

Intu, the UK's best-known shopping centre chain, is warning its financial troubles could see entire sites shut.
The company has appointed administrators KPMG as a "contingency" in case financial restructuring talks with lenders fail.

Intu warns that if that happens it will have to give KPMG funds for certain services, or see the centres shut.
It has 17 UK outlets including Lakeside, in Essex, Glasgow's Braehead, and Manchester's Trafford Centre.
Intu has until Friday to sort out a new financial footing.
All that's necessary for the triumph of evil is for good men to do nothing

lozflan

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Re: INTU warns shopping centres may close
« Reply #1 on: 18:56:48, 26/06/20 »
What happened to Man Sing. traford?.
Politicians and nappies must be changed often,and for the same reason

St Chads Lad

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Re: INTU warns shopping centres may close
« Reply #2 on: 19:03:19, 26/06/20 »
What happened to Man Sing. traford?.
They'll probably have to call it Clo Sing  ;D

Parky

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Re: INTU warns shopping centres may close
« Reply #3 on: 20:44:56, 26/06/20 »
They'll probably have to call it Clo Sing  ;D
;D