i360 prepares to file for administration owing taxpayers £51m
Nov 27, 2024 · The i360 is preparing to file for administration still owing £51 million to taxpayers, the council has announced. Brighton and Hove City Council says it has received notice from Brighton i-360 Limited, of the board’s intention to appoint administrators. The council therefore expects the company to enter administration in the near future.
Brighton's i360 enters administration over £51m debt - BBC News
Nov 27, 2024 · 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 result of...
Brighton i360 company files for administration - Brighton
Nov 27, 2024 · Latest news from Brighton & Hove City Council 27 November 2024. Business and economy, ... attraction open for the short- to medium-term while the administrators attempt to find a buyer to rescue the Brighton i360. Brighton i-360 Limited is a private limited company, which the council loaned money to in 2014 – the council remains the major ...
Brighton i360's future hangs in the balance as new buyer sought
Nov 28, 2024 · 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 it open.
Councillors discuss ups and downs of troubled i360 – Brighton and Hove News
Nov 29, 2024 · The i360’s financial woes have led to people contacting councillors with ideas to revive the fortunes of the seafront viewing tower. Deputy leader Jacob Taylor said that one call came from a millionaire who made his money from a bungee jumping business.
The Future of Brighton i360: Administration and Beyond - sussex.news
Nov 27, 2024 · The Brighton i360 observation tower is set to enter administration, Brighton & Hove City Council announced today, following a notice of intention filed by Brighton i360 Limited. Interpath, the appointed administrators, will evaluate options to maintain operations temporarily while seeking a buyer to rescue the landmark attraction.
Brighton seaside attraction files for insolvency amid £51m debt to ...
Nov 27, 2024 · Bosses of Brighton seafront’s observation tower, Brighton i360, have announced the notification of administrators, blaming escalating costs, bad summer weather and the cost-of-living crisis as...
Seaside tourist attraction files for insolvency amid £51m debt
Nov 27, 2024 · A seaside tourist attraction which owes £51 million to the council has filed for insolvency.. Bosses of Brighton seafront’s observation tower, Brighton i360, have announced the notification of ...
Brighton i360: Seafront landmark files for insolvency
Nov 27, 2024 · 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.
Labour deputy leader takes aim at senior Green councillor over i360
Nov 28, 2024 · Brighton i360. The deputy leader of the council has called on a senior Green to “personally apologise and consider his position” after the i360 owner filed a notice of intention to appoint administrators. Labour councillor Jacob Taylor, the cabinet member for finance, said that his Green counterpart Ollie Sykes was one the leading figures ...
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