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The Independent UK
The Independent UK
Business
Anahita Hossein-Pour

Seaside tourist attraction files for insolvency amid £51m debt

Brighton Jacob Taylor
The Brighton i360 rises as people enjoy the warm weather on the beach in Brighton, East Sussex, in 2016 (Gareth Fuller/PA) - (PA Archive)

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 administrators, blaming escalating costs, bad summer weather and the cost-of-living crisis as the reasons behind the decision.

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