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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Brighton Pier owner hit by spending slowdown and bad weather

People look at the waves near the Palace Pier in Brighton on 5 August, as Storm Antoni brings rain and high winds to the UK.
People look at the waves near the Palace Pier in Brighton on 5 August, as Storm Antoni brings rain and high winds to the UK. Photograph: Henry Nicholls/AFP/Getty Images

Brighton Pier Group, the owner of the 124-year-old listed East Sussex landmark alongside bars and mini golf courses across the UK, slumped to an almost £4m loss amid a slowdown in consumer spending, “exceptionally poor” weather and weekend rail strikes.

The leisure company reported a £3.9m pre-tax loss in the half year to 25 June – down from a profit of £700,000 in the same period last year – saying its business was weathering a “uniquely challenging trading environment”.

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