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
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 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
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,
Brighton i360 filies 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.
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