Intu: Insolvency

(asked on 29th June 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect of Intu going into administration on job security in the retail sector; and if he will make a statement.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 6th July 2020

The Government recognises the impact that coronavirus is having on job security in the retail sector and we have put together a far-reaching package of support for businesses and for the economy.

We understand this will be a worrying time for Intu’s employees and their families and stand ready to support anyone affected in any way we can.

This is a commercial matter for the company and we hope the administrators will be able to secure as many jobs as possible.

Reticulating Splines