Intu, owner of the Trafford, Braehead and Lakeside shopping centres, is warning its financial troubles could see entire sites shut. It has lined up administrators KPMG as a "contingency" in case ...

The intu Trafford Centre. Intu Fischel told Business Insider that people spend around £5.5 billion ($8.7 billion) a year in Intu's 18 shopping centres in Britain.

Intu's centres were partially shut during the coronavirus lockdown, with only essential shops remaining open. The company had about 60% of shopping centre staff and about 20% of head office ...

Shopping centre owner intu, has been in a desperate scramble to agree a "standstill" on its current loan agreements. With 17 shopping centres in the UK and two in Europe, intu employs around 3,000 ...

Shopping centre owner Intu (INTU.L) has collapsed after last-ditch talks with its creditors failed. Intu Properties, which owns Manchester’s Trafford Centre and the Lakeside shopping centre in Essex, ...

Intu’s assets include 17 UK shopping centres including Lakeside in Essex (Reuters) A fter months of lockdown, the UK’s shops have been given the green light by the government to reopen.

One of Britain's largest shopping centre operators may be forced to sell-off some of its malls to tackle its huge £4.5bn pile of debt, analysts say.

intu has warned that its shopping centres may have to close in the event of it falling into administration – something which could happen as early as this week. The struggling shopping mall ...

One of Scotland’s biggest shopping malls is among a number across the UK that may shut as a result of financial difficulties caused ... Intu Braehead owner warns shopping centre may have to ...

Intu directly employs nearly 3,000 people but is vital to many of the UK's regional economies as 102,000 people work in its 17 UK shopping centres. Another 30,000 people also work in Intu's ...

Shopping centre giant Intu warns it could go bust The firm's financial woes include making a loss of £2bn in 2019, failing earlier this year to raise £1bn in new funding, and having debts of £5bn.

Intu, owner of the Trafford, Braehead and Lakeside shopping centres, is warning its financial troubles could see entire sites shut. It has lined up administrators KPMG as a "contingency" in case ...