https://www.bbc.co.uk/news/amp/business-53195980
The owner of some of the UK's biggest shopping centres, Intu, has called in administrators.
Intu had been struggling even before the coronavirus outbreak with about £4.6bn worth of debt.
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Intu administration
- Steve30000
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- Sunderland Nut
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Re: Intu administration
The High Streets have suffered for years because of these out of town centres, now it's payback time and not before long
- Steve30000
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Re: Intu administration
Aye, all those people losing their jobs.. ClassSunderland Nut wrote: ↑27 Jun 2020, 12:55 The High Streets have suffered for years because of these out of town centres, now it's payback time and not before long
- Nockya
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Re: Intu administration
A few hundred years ago you would have been called a Luddite
Now you are just a militant lefty union man
Markets change and we all have to adjust.
The Amazon warehouse over Weshy will take more staff on
- Sunderland Nut
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- Steve30000
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Re: Intu administration
Decimate the high Street, just order everything online..
- Crawford
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Re: Intu administration
We will still buy the same amount of stuff so some company that employs people will benefit.
Perhaps the government should step in now ..... to save the high street.
Lower all business rates for those town centres that have suffered because of out of town shopping centres and the internet.
Perhaps the government should step in now ..... to save the high street.
Lower all business rates for those town centres that have suffered because of out of town shopping centres and the internet.