The company behind plans to build a theme park twice the size of Alton Towers has called in administrators. The London Resort Company was formed 12 years ago to build 'UK's answer to Disneyland'.
At one point, the project even had the backing of Hollywood studio Paramount. The £2.5billion project was set to see the theme park built on the Swanscombe Peninsula near Dartford, Kent.
The park was initially called Paramount London and was scheduled to open by 2018, with the date later pushed back to 2025. But the project is now thought to be close to collapse due to repeated delays resulting from environmental concerns and local opposition, Kent Live reports.