UK mall owner Intu to cut service charges for tenants
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(Reuters) - Trafford Centre owner Intu Properties will lower its service charges for tenants by 22% in the second half of the 2020 financial year, delivering an 11% reduction for the full year, as shops and other businesses seek to ride out the challenges posed by the coronavirus pandemic. Intu, which is also the owner of Lakeside in Essex and one of Britain's biggest shopping mall operators, said that while it welcomed the business rates holiday announced by the government "more support was..