Trafford Centre could shut as owners Intu 'likely' to go into administration

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as the Trafford Centre's owners Intu collapsed into administration.The publicity-shy tycoon has not yet made any comment but it's clear that any decision he does make will be as much a personal one as one that is led by business logic.The Trafford Centre has been Whittaker's pet project from the start and still carries his stamp - from his choice of Romanesque architecture and statues, to the parking of his beloved mother's Mercedes car outside F.Hinds jewellers on the first floor.As one business analyst put it: "He made it into his personal shrine".But after losing a significant portion of his fortune with the collapse of Intu, it remains to be seen if the sentimental attachment to the Trafford Centre still drives Whittaker.Get the latest

owners of the Trafford Centre announced they had entered administration this afternoon.The Trafford Centre is currently home to over 200 shops, restaurants and attractions - all of which require dedicated teams of staff to keep them going. There are currently thousands of people employed within the Trafford Centre - who are, arguably, the heart and soul of the place.But after Intu, the centre's owners, today announced they had gone into administration, many workers say the news has proven a huge blow.

administration. Trafford Council has expressed “serious concern” after Intu, which owns the popular shopping outlet as well as Manchester Arndale, today declared its collapse.The firm has been teetering on the edge of collapse for a number of weeks and employs 3,000 people directly across the UK, while a further 102,000 work for the shops in its shopping centres.Intu had been grappling with nearly £5 billion worth of debts, built up before and during the coronavirus pandemic, but in Trafford, the news is particularly bad for the borough.The Council is concerned about the impact on the borough in terms of potential job losses and the collapse of businesses.

it has gone into administration.Intu said it has filed to appoint James Robert Tucker, Michael Robert Pink and David John Pike from KPMG as administrators for the company.The announcement came minutes after the London Stock Exchange suspended shares in the shopping centre owner.The news has left many questioning whether shops inside the Trafford Centre, and those inside other Intu properties will continue to operate. Follow live updates from this breaking news here. Intu has now confirmed that Trafford Centre shops will continue to operate for the time-being.A statement on Intu's website reads: "Underlying group operating companies remain unaffected and all shopping centres are continuing to trade."The intu Group’s relationships with its

hereThe planning process in order to build the vast mall was the most lengthy and drawn-out in British history as the original idea was first dreamed up back in 1986 by wealthy John Whittaker, of Peel Holdings.Manchester City Council vehemently opposed its development and felt it would impact negatively on the city centre economy.The Trafford Centre offered thousands of free car parking spaces as it lured people to embrace the Utopian concept of out-of-town shopping.The planning issue was finally decided in the House of Lords a decade later.Once it got the go ahead, the Trafford Centre took more than two years to build at a cost of £600 million and was - for a year - the largest shopping centre in the UK.It briefly lost its crown when the

Trafford Centre owner Intu has confirmed it has collapsed into administration after failed talks with lenders on Friday.

Ah, the intu Trafford Centre... Manchester’s gilt-edged temple to all things retail with its Greco-Roman architecture and row upon row of marble statues.But have you ever noticed something a bit weird about all those statues?Like the fact they’re mostly naked women?If you think we’re being a bit picky, then let me ask you this, how many nude or semi-naked women statues do you reckon are on display at the Trafford Centre?Ten? Twenty? Fifty?Erm, no, it’s actually over 100 fully or partially naked ladies.

any news about the future of the Trafford Centre when we have it.

The owner of some of the UK's biggest shopping centres has warned it's on the verge of calling in administrators, in a move that could place more than 17 outlets at risk of closure.

Lakeside, Manchester Arndale and the Trafford Centre are amongst shopping centres that could be forced into closure, after retail giant Intu warned it will have to call in the administrators if it cannot reach a rescue deal with lenders.

Intu's Trafford Centre has issued an urgent warning to shoppers planning to visit during the mini heatwave we're currently having.Posting on its Instagram story yesterday, the intu shopping centre wrote: "It's going to be a scorcher.Yesterday saw temperatures in Manchester exceed 30C, with today's weather expected to be even hotter in some areas.Sharing a post on Instagram, the shopping centre wrote: "During busy periods, you may have to queue outside - do don't forget some suncream and your water!"The Trafford Centre fully reopened to shoppers on June 15, as non-essential shops began to open up for the first time since lockdown started.However, some things in the shopping centre have changed to ensure staff and shopper safety, with one of