Shopping Centres owner Intu goes into administration

The Trafford Centre, a major shopping mall in the UK, has gone into administration due to financial struggles exacerbated by the COVID-19 lockdown. This has significant implications for employment, affecting thousands directly and indirectly. Employees express uncertainty about their future, highlighting the broader challenges faced by the retail sector. The administration process is complex, requiring substantial financial input to keep operations running. The future of the shopping centers remains uncertain in the post-COVID climate.

What is the significance of the Trafford Shopping Centre's classical features?

• They represent modernity and innovation.

• They suggest strength, power, and permanence.

• They indicate a focus on technology.

• They highlight environmental sustainability.

How many people are directly employed by the company owning the Trafford Shopping Centre?

• 2,500

• 10,000

• 5,000

• 1,000

What do the employees of the Trafford Shopping Centre primarily seek during the lockdown?

• Job security

• Higher salaries

• More vacation time

• Better working conditions

What has been a major challenge for retail players like the company owning the Trafford Shopping Centre?

• High levels of debt

• Shortage of retail space

• Lack of customer interest

• Excessive government regulations

What is the estimated amount needed to keep the shopping centres operational during the administration process?

• £20 million

• £5 million

• £8 million

• £12 million