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Trafford Centre
The Trafford Centre is a large indoor shopping centre and entertainment complex in Greater Manchester, England. It opened in 1998 and is third largest in the United Kingdom by retail space. Originally developed by the Peel Group, the Trafford Centre was sold to Capital Shopping Centres, later to become Intu, in 2011 for £1.65 billion setting a record as the costliest single property sale in British history. The battle to obtain permission to build the centre was amongst the longest and most expensive in United Kingdom planning history. the Trafford Centre had Europe's largest food court and the UK's busiest cinema. History Genesis The site was owned by the Manchester Ship Canal Company which John Whittaker's Peel Holdings had been acquiring shares in since 1971 Manchester City Council also had a stake, but by the mid 1980s Whittaker had a majority control and proposed building an out-of-town shopping centre, and other schemes. The council faced a conflict of interes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dumplington
Dumplington is an area of Urmston, Greater Manchester, England, which is dominated by the Trafford Centre shopping complex. Dumplington was one of several hamlets in the township of Barton-upon-Irwell, in the ancient ecclesiastical parish of Eccles in the hundred of Salford. Its name derives from the Old English ''dympel'' and ''ing'' and ''tun'' which means an enclosure by a pool. The hamlet lies six miles south west of Manchester city centre. Dumplington was recorded in the Middle Ages in 1225 in land leases between Sir Robert Grelley and Cecily, daughter of Iorwerth de Hulton and Siegrith de Dumplington. John son of Thomas de Booth was the landowner in 1401. The Roman Catholic church of All Saints is a Grade II* listed building, designed in 1867-8 by Edward Welby Pugin Edward Welby Pugin (11 March 1834 – 5 June 1875) was an English architect, the eldest son of architect Augustus Welby Northmore Pugin and Louisa Barton and part of the Pugin & Pugin family of church ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intu
Intu Properties plc was a British real estate investment trust (REIT), largely focused on shopping centre management and development. Originally named Liberty International plc, it changed its name in May 2010 to Capital Shopping Centres Group plc after demerging its Capital & Counties Properties business unit to form an independent business. The company adopted the Intu name on 18 February 2013, and this was followed by the rebranding of most of its shopping centres under the Intu title from May 2013. The company's shares were listed on the London and Johannesburg stock exchanges until it entered administration in June 2020. The company owned or part-owned 17 shopping centres in the UK and one in Spain prior to entering administration. History The company was established by Sir Donald Gordon in 1980 under the name Transatlantic Insurance Holdings plc as an offshoot of Liberty Life Association of Africa, a business he had founded in 1957. The company developed into a leading i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trafford Metropolitan Borough Council
Trafford Council is the local authority of the Metropolitan Borough of Trafford in Greater Manchester, England. It is a metropolitan district council, one of ten in Greater Manchester and one of 36 in the metropolitan counties of England, and provides the majority of local government services in Trafford. Parliamentary representation Trafford is currently covered by three constituencies: Altrincham and Sale West (nine wards), Stretford and Urmston (nine wards) and Wythenshawe and Sale East (three wards). Wards and councillors Each ward is represented by three councillors. Notes : The short name of Trafford Council is currently used by the authority for most purposes, however the longer names of Trafford Metropolitan Borough Council and Trafford Borough Council are commonly used in relation to the council. : Delayed from 2020 due to the coronavirus pandemic. ;References to Note 1 * The Local Authorities (Categorisation) (England) Order 2006, SI 2006/3096, art 5. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Planning Application
Planning permission or developmental approval refers to the approval needed for construction or expansion (including significant renovation), and sometimes for demolition, in some jurisdictions. It is usually given in the form of a building permit (or construction permit). House building permits, for example, are subject to Building codes. There is also a "plan check" (PLCK) to check compliance with plans for the area, if any. For example, one cannot obtain permission to build a nightclub in an area where it is inappropriate such as a high-density suburb. The criteria for planning permission are a part of urban planning and construction law, and are usually managed by town planners employed by local governments. Failure to obtain a permit can result in fines, penalties, and demolition of unauthorized construction if it cannot be made to meet code. Generally, the new construction must be inspected during construction and after completion to ensure compliance with national, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peel Holdings
The Peel Group is a British infrastructure and property investment business, based in Manchester. In 2022, its Peel Land and Property estate extends to of buildings, and over of land and water. Peel retains minority stakes in its former ports business and MediaCityUK. The Trafford Centre, which opened in 1998, is widely regarded as Peel's landmark development. It was sold in 2011 to Capital Shopping Centres for £1.6 billion, making it then the most expensive acquisition in British property history. £700 million of the consideration was in shares and Peel continued to buy shares in the purchaser that went into administration, eliminating share value, in 2020. The Peel Group held a series of other substantial investments in listed businesses including Land Securities Group plc and Pinewood Shepperton plc, and in 2022 owns 14.1% of Harworth Group plc History Name and listings The Peel Group was known from 1973 to 1981 as Peel Mills (Holdings) Ltd; from 1981 to 2004 as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholders
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' liability ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manchester City Centre
Manchester City Centre is the central business district of Manchester in Greater Manchester, England situated within the confines of Great Ancoats Street, A6042 Trinity Way, and A57(M) Mancunian Way which collectively form an inner ring road. The City Centre ward had a population of 17,861 at the 2011 census. Manchester city centre evolved from the civilian ''vicus'' of the Roman fort of Mamucium, on a sandstone bluff near the confluence of the rivers Medlock and Irwell. This became the township of Manchester during the Middle Ages, and was the site of the Peterloo Massacre of 1819. Manchester was granted city status in 1853, after the Industrial Revolution, from which the city centre emerged as the global centre of the cotton trade which encouraged its "splendidly imposing commercial architecture" during the Victorian era, such as the Royal Exchange, the Corn Exchange, the Free Trade Hall, and the Great Northern Warehouse. After the decline of the cotton trade and the Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Director (business)
The term director is a title given to the senior management staff of businesses and other large organizations. The term is in common use with two distinct meanings, the choice of which is influenced by the size and global reach of the organization and the historical and geographic context. Further to this, the term is also used in reference to various technical (legal) definitions specific to corporate governance legislation in individual countries. Thus, a director can be any of: * A person appointed to act as the most senior manager of the company itself (managing director) or of a key function (finance director, operations director, etc.), in which case the title is analogous to and replaces the "C-Suite" titles, this might be considered as the British English meaning of the word. * A person from a group of managers who leads or supervises a particular area of a company, which might be considered to be the American English meaning of the word. * A person holding a "director ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minority Interest
In accounting, minority interest (or non-controlling interest) is the portion of a subsidiary corporation's stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, or the corporation would generally cease to be a subsidiary of the parent. It is, however, possible (such as through special voting rights) for a controlling interest requiring consolidation to be achieved without exceeding 50% ownership, depending on the accounting standards being employed. Minority interest belongs to other investors and is reported on the consolidated balance sheet of the owning company to reflect the claim on assets belonging to other, non-controlling shareholders. Also, minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders. The reporting of 'minority interest' is a consequence of the requirement by accounting standards to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manchester City Council
Manchester City Council is the local authority for Manchester, a city and metropolitan borough in Greater Manchester, England. Manchester is the sixth largest city in England by population. Its city council is composed of 96 councillors, three for each of the 32 electoral wards of Manchester. The council is controlled by the Labour Party and led by Bev Craig. The official opposition is the Green Party with three councillors. Joanne Roney is the chief executive. Many of the council's staff are based at Manchester Town Hall. History Manchester was incorporated in 1838 under the Municipal Corporations Act 1835 as the Corporation of Manchester or Manchester Corporation. It achieved city status in 1853, only the second such grant since the Reformation. The area included in the city has been increased many times, in 1885 (Bradford, Harpurhey and Rusholme), 1890 (Blackley, Crumpsall, part of Droylsden, Kirkmanshulme, Moston, Newton Heath, Openshaw, and West Gorton), 1903 (Heaton), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Whittaker (businessman)
John Whittaker (born 14 March 1942) is a British billionaire. He is chairman of the Peel Group, a property business that mainly invests in North West England. Although publicity-shy, he has been described as one of the most influential business leaders for Greater Manchester and the North West by the ''Manchester Evening News'' (2007), and was named the most influential northerner by ''The Big Issue'' magazine in 2010. According to The ''Sunday Times Rich List'' in 2019, Whittaker is worth £1.95 billion, a decrease of £300 million from 2018. Early life Whittaker was born to John and May Whittaker in Bury, Lancashire in 1942. He was educated at Prior Park College, a Catholic boarding school in Bath, Somerset, and considered becoming a priest before deciding to join the family business. The Peel Group In the 1980s he fought a bitter battle to take over the Manchester Ship Canal Company, out of which the Trafford Centre emerged. Whittaker's Peel Group sold the 1.5m s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manchester Ship Canal
The Manchester Ship Canal is a inland waterway in the North West of England linking Manchester to the Irish Sea. Starting at the Mersey Estuary at Eastham, near Ellesmere Port, Cheshire, it generally follows the original routes of the rivers Mersey and Irwell through the historic counties of Cheshire and Lancashire. Several sets of locks lift vessels about to the canal's terminus in Manchester. Landmarks along its route include the Barton Swing Aqueduct, the world's only swing aqueduct, and Trafford Park, the world's first planned industrial estate and still the largest in Europe. The rivers Mersey and Irwell were first made navigable in the early 18th century. Goods were also transported on the Runcorn extension of the Bridgewater Canal (from 1776) and the Liverpool and Manchester Railway (from 1830), but by the late 19th century the Mersey and Irwell Navigation had fallen into disrepair and was often unusable. In addition, Manchester's business community viewed the cha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
