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Companies going bankrupt/into administration
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adam2
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Joined: 02 Jul 2007
Posts: 8000
Location: North Somerset

PostPosted: Fri Jun 26, 2020 2:50 pm    Post subject: Reply with quote

adam2 wrote:
Looks as though a major shopping center operator are about to bust.
And remember that most of their troubles pre-date the coronavirus epidemic.
The recent plague induced downturn is probably not reflected in the figures, which will only get worse.

https://www.bbc.co.uk/news/business-51851791


Now bust.
https://www.bbc.co.uk/news/business-53195980
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careful_eugene



Joined: 26 Jun 2006
Posts: 592
Location: Nottingham UK

PostPosted: Fri Jun 26, 2020 3:32 pm    Post subject: Reply with quote

adam2 wrote:
adam2 wrote:
Looks as though a major shopping center operator are about to bust.
And remember that most of their troubles pre-date the coronavirus epidemic.
The recent plague induced downturn is probably not reflected in the figures, which will only get worse.

https://www.bbc.co.uk/news/business-51851791


Now bust.
https://www.bbc.co.uk/news/business-53195980

Intu own both shopping centres in Nottingham. One of them, Broadmarsh centre is partially demolished and was going to be a massive new development in the South of the city, the centre was old and tired and still looked like it did in the 70's. Work stopped due to Covid and hasn't started again, I understand that the demolition company are now making people redundant.
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Mark



Joined: 13 Dec 2007
Posts: 1305
Location: NW England

PostPosted: Sun Jun 28, 2020 1:20 pm    Post subject: Reply with quote

Is the dream over for the man who built the Trafford Centre ?
https://www.manchestereveningnews.co.uk/news/greater-manchester-news/dream-over-man-who-built-18473287

The Trafford Centre is John Whittaker's personal 'baby' and remained extremely popular, even with the march of Internet Shopping......
He's still worth £2billion - doubt he'd just let it go to the wall..., but some of the other parts of Intu might not be so lucky...
https://en.wikipedia.org/wiki/John_Whittaker_(businessman)

How many times have we said - the taxation being levied on DODGY TAX AVOIDERS and their like needs to be greatly increased - and quickly....
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BritDownUnder



Joined: 21 Sep 2011
Posts: 751
Location: Hunter Valley, NSW, Australia

PostPosted: Tue Jun 30, 2020 11:27 am    Post subject: Reply with quote

careful_eugene wrote:

Intu own both shopping centres in Nottingham. One of them, Broadmarsh centre is partially demolished and was going to be a massive new development in the South of the city, the centre was old and tired and still looked like it did in the 70's. Work stopped due to Covid and hasn't started again, I understand that the demolition company are now making people redundant.


I remember a few 1970s childhood visits to the Broadmarsh centre. It had very strange things (mobiles?) hanging from the ceilings. It looked pretty dated even in the 1970s. I much prefer the Victoria centre. For sheer brutalism (sorry Prince Charles) go no further than the Mansfield Four Seasons centre just north of Nottingham.

On the subject of bankruptcies a famous (I had never heard of it and can't recall the name) Australian retailer of swimwear has gone bankrupt today. I guess swimming is just so last year.
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PS_RalphW



Joined: 24 Nov 2005
Posts: 5782
Location: Cambridge

PostPosted: Tue Jun 30, 2020 12:49 pm    Post subject: Reply with quote

Chesapeake oil, poster child of us fracking, gone bust

https://www.theguardian.com/environment/2020/jun/29/chesapeake-bankruptcy-seen-as-turning-point-for-oil-industry
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kenneal - lagger
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Joined: 20 Sep 2006
Posts: 12147
Location: Newbury, Berkshire

PostPosted: Wed Jul 01, 2020 3:22 pm    Post subject: Reply with quote

BritDownUnder wrote:
...................On the subject of bankruptcies a famous (I had never heard of it and can't recall the name) Australian retailer of swimwear has gone bankrupt today. I guess swimming is just so last year.


I suppose there hasn't been much chance to smuggle buggies recently what with the lockdown.
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Mark



Joined: 13 Dec 2007
Posts: 1305
Location: NW England

PostPosted: Wed Jul 01, 2020 4:11 pm    Post subject: Reply with quote

kenneal - lagger wrote:
BritDownUnder wrote:
...................On the subject of bankruptcies a famous (I had never heard of it and can't recall the name) Australian retailer of swimwear has gone bankrupt today. I guess swimming is just so last year.


I suppose there hasn't been much chance to smuggle buggies recently what with the lockdown.


Or Budgies...... Very Happy
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BritDownUnder



Joined: 21 Sep 2011
Posts: 751
Location: Hunter Valley, NSW, Australia

PostPosted: Wed Jul 01, 2020 9:49 pm    Post subject: Reply with quote

Mark wrote:
kenneal - lagger wrote:
BritDownUnder wrote:
...................On the subject of bankruptcies a famous (I had never heard of it and can't recall the name) Australian retailer of swimwear has gone bankrupt today. I guess swimming is just so last year.


I suppose there hasn't been much chance to smuggle buggies recently what with the lockdown.


Or Budgies...... Very Happy


It was called Seafolly and I suppose it was a bit of a folly in the end. As regards budgie smuggling I think the products were aimed mostly at the female market so I think if there was provision for budgie smuggling in their products then there may be something 'wrong' with the wearer. Actually, in these enlightened LGBTI+ days it is not wrong but simply an alternative lifestyle choice that should be given equal respect to all others.
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vtsnowedin



Joined: 07 Jan 2011
Posts: 6368
Location: New England ,Chelsea Vermont

PostPosted: Thu Jul 02, 2020 12:20 am    Post subject: Reply with quote

Being redneck American I have no idea what smuggling buggies or Budgies involves or why women's swimwear connects but my imagination brings up some very naughty possibilities. Very Happy
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adam2
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Joined: 02 Jul 2007
Posts: 8000
Location: North Somerset

PostPosted: Thu Jul 02, 2020 12:29 am    Post subject: Reply with quote

vtsnowedin wrote:
Being redneck American I have no idea what smuggling buggies or Budgies involves or why women's swimwear connects but my imagination brings up some very naughty possibilities. Very Happy


"budgie smugglers" is a slang term for a style of close fitting men's swimwear or sometimes underwear that shows the outline of the male parts. Smuggling of buggies was a typo intended to refer to the above.
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vtsnowedin



Joined: 07 Jan 2011
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PostPosted: Thu Jul 02, 2020 2:23 am    Post subject: Reply with quote

adam2 wrote:
vtsnowedin wrote:
Being redneck American I have no idea what smuggling buggies or Budgies involves or why women's swimwear connects but my imagination brings up some very naughty possibilities. Very Happy


"budgie smugglers" is a slang term for a style of close fitting men's swimwear or sometimes underwear that shows the outline of the male parts. Smuggling of buggies was a typo intended to refer to the above.

I liked my imagination better. Wink
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Little John



Joined: 08 Mar 2008
Posts: 8231
Location: UK

PostPosted: Thu Jul 02, 2020 7:01 am    Post subject: Reply with quote

vtsnowedin wrote:
adam2 wrote:
vtsnowedin wrote:
Being redneck American I have no idea what smuggling buggies or Budgies involves or why women's swimwear connects but my imagination brings up some very naughty possibilities. Very Happy


"budgie smugglers" is a slang term for a style of close fitting men's swimwear or sometimes underwear that shows the outline of the male parts. Smuggling of buggies was a typo intended to refer to the above.

I liked my imagination better. Wink
Laughing
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kenneal - lagger
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Joined: 20 Sep 2006
Posts: 12147
Location: Newbury, Berkshire

PostPosted: Thu Jul 02, 2020 2:21 pm    Post subject: Reply with quote

vtsnowedin wrote:
Being redneck American I have no idea what smuggling buggies or Budgies involves or why women's swimwear connects but my imagination brings up some very naughty possibilities. Very Happy


I think it is an Australian slang term for what people in the US call speedos. And, yes, it was a typo for Budgie.
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emordnilap



Joined: 05 Sep 2007
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Location: Houǝsʇlʎ' ᴉʇ,s ɹǝɐllʎ uoʇ ʍoɹʇɥ ʇɥǝ ǝɟɟoɹʇ' pou,ʇ ǝʌǝu qoʇɥǝɹ˙

PostPosted: Fri Jul 03, 2020 11:27 am    Post subject: Reply with quote

PS_RalphW wrote:
Chesapeake oil, poster child of us fracking, gone bust

https://www.theguardian.com/environment/2020/jun/29/chesapeake-bankruptcy-seen-as-turning-point-for-oil-industry


Isn't it good to not have a butthead butting in with an upbeat refutation of and optimistic forecast for its future?
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kenneal - lagger
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Joined: 20 Sep 2006
Posts: 12147
Location: Newbury, Berkshire

PostPosted: Fri Jul 03, 2020 12:08 pm    Post subject: Reply with quote

Shhhhhhh! He can still read this and could rejoin under a new name. Mind you it would only take a few post before his inimitable style was again recognised. He might even disguise himself as RGR2!!

There are 12 users online at the moment but only two are registered, Adam2 and I, so we have no idea who those users are.
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Last edited by kenneal - lagger on Fri Jul 03, 2020 12:37 pm; edited 1 time in total
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