A seaside attraction which owes £51 million to the council appears to be facing imminent closure as it files for insolvency. Brighton i360 Ltd, the company behind the iconic observation tower, has notified administrators, citing mounting operational costs, uncooperative weather during peak tourism seasons, and the pervasive cost-of-living crisis as the main culprits behind this distressing move.
Initially launched to much fanfare, the Brighton i360 has, over its years of operation, welcomed hundreds of thousands of visitors annually to its 162-meter high viewing deck. Yet, onlookers now face the stark reality as the facility grapples with significant financial turmoil. Despite its solid debut back in 2016, the landmark has…
