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.

Intu, which owns Manchester's Trafford Centre and the Lakeside complex in Essex, is hoping to secure a deal with its lenders by midnight on Friday.

It comes just days after the company placed administrators KPMG are on standby, prompting fears outlets could be forced to close without an agreement.

The firm, which has been struggling with £4.5billion worth of debt, is hoping to reach a "standstill" on its debts with lenders.

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B.C. marine company records massive rogue wave off coast

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Most extreme rogue wave ever was recorded off B.C. coast

rogue wave ever recorded has been measured off the coast of Vancouver Island, near Ucluelet, B.C.The wave, measuring 17.6 metres – which is as high as a four-storey building – was recorded in November 2020 by Victoria, B.C.-based MarineLabs Data Systems.It is the subject of a scientific report by Dr. Johannes Gemmrich and Leah Cicon, from the University of Victoria, and published last week in the journal, Scientific Reports.Rogue waves are waves with more than double the height of the waves currently happening around them. According to MarineLabs, they can also be known as “freak” or “killer waves” as they can occur unexpectedly, and, because they are so huge, can be very dangerous.

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How a 93-year-old B.C. senior lost $8,900 after falling victim to ‘grandson scam’

Consumer Matters.The fraudster instructed Rice to withdraw $8,900 in cash and to tell bank staff the funds were needed for renovations.Rice said a staff member at the CIBC where she has been banking since the 1970’s suggested a bank draft, but Rice said the con artist had convinced her cash was the only option.She had a $1,000 limit at the ATM but bank staff eventually raised her limit so she could withdraw the funds, Rice explained.“I really didn’t know how to withdraw from the ATM machine and she did it for me,” said Rice. WestJet Vacations customer endures long battle getting refund after COVID cancellation The fraudster eventually arrived at Rice’s door where he took off with thousands of dollars of Rice’s money.“I feel so bad being taken by these people,” she said.Rice’s daughter, Jo, says the bank should have asked her mom more questions.

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Child tax credit: How to receive up to $3,600 per child, who’s eligible for it

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Here's Why Four 'Amazing Race' Teams Didn't Return After Hiatus for COVID-19

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Protesters continue to block major border crossings in Ontario & Alberta

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Claim PIP for mental health and you could get up to £608 each month from DWP

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35% spike in COVID-19 cases reported in Sri Lanka; 15% increase in COVID deaths

COLOMBO (News 1st); Sri Lanka has recorded a 35% spike in COVID-19 cases compared to the first week of February 2022.Dr. Anwar Hamdani, attached to the Ministry of Health speaking to News 1st said that COVID-19 fatalities have also spiked by 15 %.He urged the general public to immediately obtain the booster dose against COVID-19 if they are yet to do so.He further noted that a mobile vaccination drive is in effect to vaccinate some 1.1 million Sri Lankans who remain unvaccinated.

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Aditya Birla Health Insurance inks bancassurance partnership with Utkarsh SFB

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Minneapolis school bus driver shot in head

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Grocery prices continue to rise with no end in sight

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India reports 67,084 Covid-19 cases, 1,241 Covid-19 deaths in last 24 hours

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Tripura govt imposes night curfew from February 11 amid Covid-19 spread. See details

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Wanted: Woman charged for luring man to MS-13 ambush, where he was hacked by machete and shot to death

HOUSTON - A woman is on the run after being charged with murder for luring a man to his ambush death at the hands of machete-wielding MS-13 gang members.Authorities are now asking for the public's help in finding Karla Jackelin Morales. Harris County District Attorney Kim Ogg announced on Wednesday that a reward is being offered for information that leads to her capture.CLICK HERE FOR MORE ON CRIME & PUBLIC SAFETY"She helped plan and plot this vicious execution, and somebody out there knows where she is hiding," Ogg said.

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Police: Teen shot multiple times inside Mantua store and killed

Police in Philadelphia's Mantua neighborhood investigate after a 19-year-old male was shot multiple times and killed inside a store. MANTUA - Philadelphia Police are investigating a shooting homicide inside a Mantua business that killed a 19-year-old male.The shooting happened on the 3700 block of Wallace Street Wednesday, a little after 9 p.m., inside a corner store.Officials say responding officers found the teen suffering from multiple gunshot wounds when they arrived.MORE HEADLINES:Medics pronounced the teen dead at the scene.Police say no weapon has been found and no arrests have been made.___Tips can be submitted by calling 215-686-TIPS (8477) or texting PPD TIP (773847).

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Sri Lanka considering House Arrest for those convicted of minor offenses

COLOMBO (News 1st); Sri Lanka’s Department of Prisons is considering the option of introducing house arrest for those imprisoned for minor offenses.The option is being considered as a measure to minimize congestion across Sri Lankan prisons, and it will be implemented as a five-year program.The Department of Prisons said the House Arrest program will be introduced in Sri Lanka similar to those used overseas, as an alternative to imprisoning people convicted of minor offenses.It added that this program will not only reduce the number of those convicted for minor offenses serving their sentences in prison and reduce congestion, but it will also cut down state expenditure.In addition, the Department of Prisons also hopes to introduce the House Arrest program for those who fail to pay their fines and allow them to be employed in order to pay the said fine and be released from House Arrest.House Arrest:This is given to some offenders as an alternative to jail time or prison sentencing.When ordered to stay under house arrest, the individual must stay confined to their house and wear an electronic monitoring device (currently used overseas) to ensure they are sticking to the terms of confinement.

Sri Lanka Department

Hejaaz Hizbullah finally goes home after nearly two years in detention

COLOMBO (News 1st); Attorney-at-Law Hejaaz Hizbullah on Wednesday (9) walked out of the Puttlam High Court without handcuffs after he was held for nearly two years in detention.Hejaaz Hizbullah was released on a cash bail of Rs. 100,000/- and two surety bails of Rs.

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Retail workers' heartbreak as Trafford Centre owners Intu plunge into administration

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.

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People urged to keep shopping at Trafford Centre as owners go into administration

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.

Trafford Centre Britain city Manchester pandemic information Coronavirus

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The rise and fall of the Trafford Centre... 22 years of an iconic attraction now facing closure

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

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Intu crashes into administration with 17 shopping centres including Trafford at risk

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

Trafford Centre city Manchester county Essex covid-19 outbreak pandemic Coronavirus

UK's 17 biggest shopping centres at risk as Intu says administrators are likely

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.

Trafford Centre Britain city Manchester covid-19 pandemic crisis Coronavirus

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

here"Unfortunately, insufficient alignment and agreement has been achieved on such terms.

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23.06.2020 / 10:45

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Trafford Centre could be forced to shut as owners Intu appoint KPMG to 'prepare plan for administration'

hereIt cautioned that if it cannot reach an agreement and is placed in administration, then without critical up-front funding from its lenders, “there is a risk that centres may have to close for a period”.Owners Intu Properties is trying to negotiate a freeze on loan repayments to its banks but demands from landlords is increasingly making this unlikely.Earlier this month, Intu secured debt waivers until June 26 but said it still expects to breach its debt commitments by this deadline amid falling rental payments.The company said at time that it would put agreements with creditors on hold to ride out the current crisis.Intu was already under financial pressure as it came into the coronavirus pandemic, selling properties in the UK and Spain

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
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Full list of shopping centres at risk of closure as Intu warns of administration today

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