Brighton's debt-hit i360 files for administration
The i360 viewing pod in Brighton has filed for administration, leaving the future of the seafront tourist attraction uncertain. Brighton i360 Ltd remains £51m in debt to Brighton & Hove City Council, according to the authority.
Marks Barfield’s Brighton i360 to enter administration
The 162m-tall ‘vertical pier’ opened on Brighton’s beachfront in 2016. It was built and operated by Brighton I-360 Limited, which is chaired by Marks Barfield co-founder Julia Barfield. However, the company has struggled with loan repayments since June 2018, when the council first agreed to defer a repayment date.
Brighton i360: History of seafront attraction after insolvency filings
After nearly two decades, the storied saga of the controversial Brighton i360 could be coming to an end. Brighton i360’s future has long been thrown into doubt, but now the failed landmark casts an even greater shadow over the seafront and the city.
Brighton i360 to file for administration owing taxpayers £51 million
The company which owns Brighton's landmark observation tower is expected to file for administration. The i360 was opened by the Duke of Edinburgh in 2016. | ITV News Meridian
Brighton tower files for administration owing council £51m
Brighton’s iconic seafront tower, Brighton i360, has filed for insolvency leaving its outstanding £51m debt to the city council unpaid.
Brighton i360 files for insolvency – landmark could be torn down
The Brighton i360 is heading into administration and could be torn down if a buyer cannot be found. Court filings from Brighton i360 Ltd confirmed that the owners of the towering seafront landmark would be filing for insolvency – still owing the council £51 million council debts with it.
Tourist attraction files for insolvency amid multi million pound debt to council
Our council must now repay their folly amounting to over £2m each year for the foreseeable future – money that could’ve been spent on nurseries, play areas, public toilets, preventing homelessness, road repairs,
Brighton's i360 appoints administrators over £51m debt
Brighton i360 Ltd remains £51m in debt to Brighton & Hove City Council, according to the authority. Julia Barfield, chair of Brighton i360 Ltd, said the decision was a direct res
Brighton seaside attraction files for insolvency amid £51m debt to council
Brighton seaside attraction files for insolvency amid £51m debt to council - Brighton i360 blamed escalating costs, bad summer weather and the cost-of-living crisis for the move
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What next for the i360? Attraction's future hangs in the balance
The future of Brighton’s i360 still hangs in the balance – but stakeholders will now desperately scramble to try and find a ...
Iconic seaside tourist attraction loved by millions faces being TORN DOWN as debts spiral to £51million
AN ICONIC seaside attraction could soon be torn down as it faces crippling £51million debts. Bosses of Brighton seafront’s ...
Iconic seaside attraction could close because it owes £51,000,000 to council
The total amount owed to the council at the start of this month was a staggering £51million, while the actual loss to the ...
Brighton’s Seaside Viewing Tower at Risk of Closing Over Debts
The owner of an English coastal tourist attraction designed by the architects of the London Eye is racing to find a rescue ...
Disaster for UK seaside town as huge attraction faces closure over £51m debt
The attraction will remain open while other possible avenues are explored, but the council expects it to go into ...