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.
Brighton seaside attraction files for insolvency amid £51m debt to council
A seaside attraction which owes £51 million to a council that helped set it up faces “real risk of closure” as it files for insolvency. Bosses of Brighton seafront’s observation tower, Brighton i360,
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 observation tower, Brighton i360 have pointed to eye-watering
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 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 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
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 administration in the near future.
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'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
Iconic seaside attraction could close because it owes £51,000,000 to council
‘Our council must now repay their folly amounting to over £2 million each year for the foreseeable future – money that ...
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 ...
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Brighton i360's future hangs in the balance as new buyer sought
The future of Brighton’s i360 still hangs in the balance – but stakeholders will now desperately scramble to try and find a buyer to keep ...
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Brighton i360 looking for new owners
The company behind Brighton’s i360 viewing pod has filed for administration. Brighton i360 Ltd owes £51 million to Brighton & ...