Intu slashes head office roles as future of centres hangs in the balance

Intu Metrocentre in Gateshead

Embattled landlord Intu has slashed jobs at both its London head office and one of its subsidiary property companies after collapsing into administration earlier this month.

Retail Week can reveal that Intu has cut 46 roles from its group head offices in London, as well as a further 15 jobs at its Broadmarsh centre in Nottingham, after the owning property company entered compulsory liquidation. 

This follows the resignation of Intu’s former chief executive Matthew Roberts, who stood down two weeks ago having failed to renegotiate with lenders on debt repayments. 

A spokeswoman for administrator KPMG said that at the time the landlord fell into administration on July 3, there were approximately 370 people working at Intu’s head office. 

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

During December, registered users can access 24 free articles in our advent calendar - find it here or on the homepage.

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.