Moyallen Woking Ltd, the company that runs Woking's Peacocks shopping centre has gone into administration.
Moyallen Holdings, another company in the group, owns 52% of Victoria Square and has managed the development of the shops, hotel and apartments on behalf of Woking Council.
Moyallen Woking Ltd going into administration is a concern for the future of shopping in Woking and there are questions as to how this might affect other Moyallen companies, which are in partnership with Woking Council.