Britain's biggest shopping centre owner Intu collapses

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  • Опубліковано 10 вер 2024
  • Britain's biggest shopping centre owner Intu has fallen into administration but says its sites will remain open and continue to trade.
    The collapse of the group, which owns the Trafford Centre in Manchester, the Metrocentre in Gateshead and Lakeside in Essex, will arguably be the most significant corporate casualty of the coronavirus pandemic so far.
    The appointment of KPMG comes after talks with creditors stalled.
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КОМЕНТАРІ • 188

  • @siobhankelly7451
    @siobhankelly7451 4 роки тому +188

    Normal working people are losing Jobs left right and centre, and still we have millionaire celebrities pleading with us to donate to every charity going.

    • @shanghaiberti4142
      @shanghaiberti4142 4 роки тому +11

      This is so true.. The less we have the more they ask for

    • @adventurerali6266
      @adventurerali6266 4 роки тому +7

      Thank god both my parents are key workers, as I’m actually a student who just recently passed first year...

    • @Chri5lev
      @Chri5lev 4 роки тому

      Crazy isn't it, even the sky adverts throughout the day target people, so wrong

    • @gd-o8127
      @gd-o8127 4 роки тому +3

      New world order

    • @freespirit4706
      @freespirit4706 4 роки тому +1

      So true. Well said!

  • @hcwcars1
    @hcwcars1 4 роки тому +74

    Shopping Malls have been dying everywhere for years

  • @Jamil__Ahmed
    @Jamil__Ahmed 4 роки тому +46

    The Arndale and Trafford Centre have been keeping Intu afloat for years now. Someone will buy them as soon as they can drive down the price, it been sold before for 1.6 billion.

  • @paulhoskin3286
    @paulhoskin3286 4 роки тому +44

    It was in trouble before covid-19 even happened so don't blame it on covid-19

    • @strawmanlogic4089
      @strawmanlogic4089 4 роки тому +5

      I'm sure it helped...

    • @gd-o8127
      @gd-o8127 4 роки тому +1

      Blame it on the boogie ?

    • @weeklydoseofants587
      @weeklydoseofants587 4 роки тому +2

      @@gd-o8127 blame it on, Amazon, Google and other big online shopping sites.

    • @infinitegalaxy271
      @infinitegalaxy271 4 роки тому

      It’s just made fall in to administration a lot quicker it would of happened by the end of 2020 even with out covid 19

    • @gd-o8127
      @gd-o8127 4 роки тому

      @@weeklydoseofants587 boycott them then

  • @TheMagicJIZZ
    @TheMagicJIZZ 4 роки тому +66

    Heyyy girls LAY OFF THE ORANGE PAAAAAINT

  • @mattgosling2657
    @mattgosling2657 4 роки тому +40

    Those two young birds looked like they got tango'd.

    • @JimbosFarm1
      @JimbosFarm1 4 роки тому +4

      Matt Gosling ... they are more painters and decorators nowadays 😂

    • @editname2181
      @editname2181 4 роки тому +2

      Matt Gosling Orange Life’s Matter!!

    • @Daz-0161
      @Daz-0161 4 роки тому +2

      They served me in jd yesterday, both had a smile on their face which must of been hard for them as they don’t know what’s going to happen to them.

    • @JimbosFarm1
      @JimbosFarm1 4 роки тому +1

      MANCESTER_ 1984 ... probably surgery to correct that hideous defect 😂

    • @Daz-0161
      @Daz-0161 4 роки тому +1

      Jimbo's Farm their body’s was banging man, trust me it definitely makes up for their heads 👌🏻😂

  • @wayne20uk
    @wayne20uk 4 роки тому +15

    Need to reword that title, i thought a guy fell down...

  • @ljdmanxfella5793
    @ljdmanxfella5793 4 роки тому +2

    *Wow! By UK standards, Intu is a huge company. Although it should be remembered that they're **_'only'_** the bricks and mortar owners of this chain of out-of-town shopping malls. So it doesn't mean any jobs are lost in the retail outlets who lease units within these malls. Plus as it has gone into administration - as opposed to liquidation, I'm pretty sure some consortium will step in to take it on as a going concern. That's assuming of course that the UK isn't plunged into any 2nd or 3rd Covid-19 lockdown. But please God, don't allow it to be Sir Philip Green! Fingers crossed.*

    • @brotherbono8418
      @brotherbono8418 4 роки тому

      .....2nd or 3rd Covid-19 lockdown ...and a no deal Brexit!!

    • @ljdmanxfella5793
      @ljdmanxfella5793 4 роки тому

      @@brotherbono8418 Sorry 'Brother Bono', but I'm one of those annoying gits who see a lot more positives than negatives about the prospect of a _'NDB'._ (No Deal Brexit). If we *DO* agree a deal now, it will only come about as a result of the UK giving (yet) more of its rights away to the EU. I still love the European *people,* but as far as I'm concerned, J C Juncker and his little bunch of thieves and Brit haters can sod off... or as they say in the EU Parliament, _'soddenzi offenzi'!_

  • @grahamfozy
    @grahamfozy 4 роки тому +9

    Mike Ashley is now gonna own the Metro Centre

    • @Tan92lfc
      @Tan92lfc 4 роки тому +1

      Actually is very sad situation. I love Eldon square.

    • @mattmartin4764
      @mattmartin4764 4 роки тому

      Radgies can sit in town monged for longer now

    • @Cccc123c33
      @Cccc123c33 4 роки тому +1

      @@Tan92lfc eldon will stay open a according to city council as they have stake in it.

  • @vanhamgee
    @vanhamgee 4 роки тому +1

    The title of the video is too dramatic. It should all start picking up again, it will be a while but eventually it will work out.

  • @leeg21uk
    @leeg21uk 4 роки тому +8

    Release the grooming gang report and start deporting

    • @willsmith9626
      @willsmith9626 4 роки тому +6

      Your mum needs needs to groom her hairy coin purse

    • @TheMagicJIZZ
      @TheMagicJIZZ 4 роки тому +5

      @@willsmith9626 your a traitor with no loyality

    • @kevinwilliams1421
      @kevinwilliams1421 4 роки тому +2

      The Tory party are the biggest grooming gang in town

  • @sandersp5713
    @sandersp5713 4 роки тому +4

    Give it away for free to the local council, they can run it at low operating costs with lower rates for the businesses that trade there....
    Capitalism 2.0

    • @palestinevideos2025
      @palestinevideos2025 4 роки тому +2

      pretty sure that's communism

    • @sandersp5713
      @sandersp5713 4 роки тому

      @@palestinevideos2025 Well whats the alternative? Close it down, then demolish an into flats? How progressive.

  • @forza223bowe5
    @forza223bowe5 4 роки тому +1

    It’s like the government has just decided that the pandemic is over (when it’s clearly not) so now there’s no going back. Everything is going a million miles per hour because seemingly the economy is more important than people’s lives. It feels scary to think 42,000 odd people have died in three months yet we’re all going about our days like it never happened!

  • @F22ERaptor
    @F22ERaptor 4 роки тому +1

    Shame. Really sad..but I think it's a bit too early to draw anything from this yet.
    The lockdown is easing and we'll have to wait and see if customers resume going to these malls - which I think they will.
    The mall is technically at a sale price so it's more than likely someone with capital will snap it up.
    During the lockdown, there are those who experienced an uplift on earnings (depending on the sector of course) and many consumers haven't had the opportunity to spend money so they have a large amount sitting in their bank account.
    So let's not lose confidence - it isn't over by a long shot.

    • @brotherbono8418
      @brotherbono8418 4 роки тому

      the no deal Brexit hasn't even kicked in yet!

  • @barriedixon545
    @barriedixon545 4 роки тому +2

    no mention of the shoplifters that are now out of a job. And they have just got back into shoplifting with the lockdown lifted

  • @amiersulieman386
    @amiersulieman386 4 роки тому +2

    1:46 must of been cringe to film

  • @sharonharding3478
    @sharonharding3478 4 роки тому

    Amazon is to blame that's how retail is going. Wouldn't buy anything off amazon its total crap.

    • @NCHLT
      @NCHLT 4 роки тому

      Is amazon another virus

  • @mingtooter
    @mingtooter 4 роки тому +1

    That passing elevator shot tho 👌

  • @MsSamanthaTKO
    @MsSamanthaTKO 4 роки тому +8

    No big deal someone will buy them
    out. This has to happen anyway. Too many people with fingers in too many pies.

  • @DoFeedThePigeons
    @DoFeedThePigeons 4 роки тому +2

    Hahah hahahah it’s got nothing to do with the pandemic and everything to do with the centre itself!!why would I wanna go there all it has is a footlocker guess what footlocker is everywhere else in town, it has is a Primark guess what Primark is everywhere else in town!!! Get rid of all the stores like JD sports and start having some more interesting stuff in your stores!!

    • @brotherbono8418
      @brotherbono8418 4 роки тому

      And some independent shops, the whole country is stuffed full of the same shops from the same brands.

  • @deniseleong23
    @deniseleong23 4 роки тому +1

    Nice escalator scene @1:48

    • @mingtooter
      @mingtooter 4 роки тому

      Better than The Matrix

  • @prahamama8915
    @prahamama8915 4 роки тому

    Man made virus - Cabals Oan works Depopulating by any means .Georgia guide stone monument

  • @katssketches1118
    @katssketches1118 4 роки тому

    The shops are shutting so fast I can’t keep up

  • @marl3yjuana
    @marl3yjuana 4 роки тому +1

    Not surprised it’s most expensive place in the world lol. We have amazon & ebay so much more safer

  • @simonshaw5119
    @simonshaw5119 4 роки тому

    For Christ sakes. Who cares? Life will still go on without mindless zombie centres full of crap no one needs.

  • @richardmaclean7581
    @richardmaclean7581 4 роки тому +4

    Thanks conservatives for not responding sooner to the pandemic.

  • @FastPlayzQ
    @FastPlayzQ 3 роки тому

    Somebody bought the one in Braehaed

  • @AllyStrikesBack
    @AllyStrikesBack 4 роки тому

    Braehead is home to 2 ice hockey teams, if they close where will that leave the Clan & Pirates?

  • @mollymo6229
    @mollymo6229 4 роки тому

    The trend has been open shopping malls with activities included in not closed 80’s style...people are not interested. They need massive investment to update their space. Will be painful to save

  • @jackg2306
    @jackg2306 4 роки тому +1

    That’s billy from educating Manchester

  • @Premium_burner
    @Premium_burner 4 роки тому

    Though totally unrelated but I think Australia should start preparing itself for the upcoming war . In india we have deployed troops, tanks , fighter jets etc , japanese are also bolstering their defences by increasing deployment of troops and ballistic missiles at border and usa is also sending troops with aircraft carriers but Australia is somehow very silent and relaxed .

  • @Daz-0161
    @Daz-0161 4 роки тому

    Peel holdings have planning permission to build thousands of new homes on the site, il be gutted if the Trafford centre gets demolished

  • @clarkkent4595
    @clarkkent4595 4 роки тому

    Cover new for the people list on the book

  • @stevedoughty1941
    @stevedoughty1941 4 роки тому

    Many people are in and out of work due to a changing world their entire 'working' life..and its no fault of their own?..tough isn't it?

  • @duaiqbal2983
    @duaiqbal2983 4 роки тому +1

    I came here today

  • @AhsanAli-tr1ie
    @AhsanAli-tr1ie 4 роки тому

    No problem Soon As Normal

  • @miracleman.
    @miracleman. 4 роки тому

    Ebay and Amazon have taken over.

    • @NCHLT
      @NCHLT 4 роки тому

      Ebay is an online pawn shop not a fuking department store

  • @Astro_Gnome
    @Astro_Gnome 4 роки тому +5

    More money on it's way to Jeff Bezos!

  • @thejudge9812
    @thejudge9812 4 роки тому

    This must have been a zombie company dealing in debt

  • @radcow
    @radcow 4 роки тому

    It won't be closed

  • @mistarizla
    @mistarizla 4 роки тому

    What a load of rubbish.. just want some government cash so they can please shareholders. 4th of july and it will be back to normal

  • @jotareal6090
    @jotareal6090 4 роки тому

    Freedom .

  • @LM-rc5qe
    @LM-rc5qe 4 роки тому

    Wait Trafford centre collapsed

  • @mkx624
    @mkx624 Рік тому

    it's an old place,

  • @ciaranprendergast3746
    @ciaranprendergast3746 4 роки тому

    Just sign the bloody contract

  • @aeris_hilton10
    @aeris_hilton10 4 роки тому +1

    This is very sad, I hope no-one got hurt. 😣

  • @yummyEnchilada
    @yummyEnchilada 4 роки тому

    Jeff Bezos will buy them It's ok

  • @Emkei2010
    @Emkei2010 4 роки тому +1

    Going to shopping centres is primitive similar to Thomas Cook. Most people shop online these days. It’s productive and much more cost effective. I’m sure China will buy it up with left over change in their pockets.

  • @steuk6510
    @steuk6510 4 роки тому

    Why. Don't we have a clap for hoax callers

  • @Janeycats28
    @Janeycats28 4 роки тому +2

    WE NEED SOCIALISM

  • @kalsingh82
    @kalsingh82 3 роки тому

    Soon to be flats

  • @godcazz
    @godcazz 4 роки тому

    pleasant surprise to hear another person from norn iron - shame she sounds like shes from strabane :/

  • @anonUK
    @anonUK 4 роки тому

    The Brighton Pavilion- as designed by Albert Speer.

    • @brotherbono8418
      @brotherbono8418 4 роки тому

      Really? Well at least he was a great architect

  • @shakildad5280
    @shakildad5280 4 роки тому

    Very bad news

  • @katrinaevans7872
    @katrinaevans7872 4 роки тому +1

    Let’s let China flying in every day

  • @robertwells3797
    @robertwells3797 4 роки тому

    Why do women feel to make themselves look like OJ

  • @pauloccs2546
    @pauloccs2546 4 роки тому

    Knock it down & build a theme park 😅😉

  • @katrinaevans7872
    @katrinaevans7872 4 роки тому

    Oh that’s a new one post Climate Covid

  • @subhanshakoor3777
    @subhanshakoor3777 4 роки тому

    Looks like bitches boss has fallen, oh well what's next.

  • @kitpesec1536
    @kitpesec1536 4 роки тому

    One liked ... What for??

  • @laurendilario4777
    @laurendilario4777 4 роки тому +1

    Well deserved for the lack of minority employment in proportion of what's in the city

  • @katrinaevans7872
    @katrinaevans7872 4 роки тому

    And let’s let China flying every day

  • @steely666
    @steely666 4 роки тому

    Shopping Centres are too big sometimes. easier to shop online.

  • @rre-group7521
    @rre-group7521 4 роки тому

    G O L D

  • @Ifyoudonttakeitucantfakeit
    @Ifyoudonttakeitucantfakeit 4 роки тому

    Great news, means the M60 won5 be snarled up by idiots who dont shop online.

  • @carlwakeling4915
    @carlwakeling4915 4 роки тому

    Good 👍

  • @macmcmurphy4610
    @macmcmurphy4610 4 роки тому

    Don’t worry nice hair 🤕

  • @gstyle5475
    @gstyle5475 4 роки тому

    It was probably shut through fear of a peaceful stabbing

  • @elvismawhinney2494
    @elvismawhinney2494 4 роки тому +1

    Wee Northern Ireland girl is smokin hot 🔥

    • @mybad.7164
      @mybad.7164 4 роки тому +5

      Her eye brows are fake

    • @MsSamanthaTKO
      @MsSamanthaTKO 4 роки тому +1

      I’m sure she’ll be returning home to Cookstown soon enough 🤣

    • @thedon5759
      @thedon5759 4 роки тому

      Sophie Ridge for live..... SHE IS BEAUTIFUL!!!

    • @chrissummerfield9583
      @chrissummerfield9583 4 роки тому

      Yes I think the reason why she is hot is that she is still burning 😠😂😂😂😂😳

    • @MsSamanthaTKO
      @MsSamanthaTKO 4 роки тому

      Chris Summerfield it was a sunny day