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”.