i360 News Brighton & Hove City Council agrees to write off £51million debt owed to the council by Brighton i360 Brighton & Hove City Council Cabinet members have agreed to write off debt owed to the council by Brighton i360 ahead of a potential sale. At meeting on Thursday, January 23, Cabinet members agreed to recommendations to release the council’s security on its £51million loan debt and rolled-up interes By Graham Robson • 2 min read
i360 News Buyer comes forward with a bid for Brighton i360; city council “disappointed” £51million loan will not be repaid Brighton & Hove City Council‘s Cabinet is set to discuss recommendations around a potential sale of the Brighton i360 on Thursday, 23 January. Following the decision of the board of Brighton i-360 Limited to file for administration on 20 December, a prospective buyer has come forward with a bid for By Graham Robson • 2 min read
News Brighton i360 enters into administration Brighton & Hove City Council (BHCC) has announced that Brighton i-360 Limited has entered into administration, leaving the council millions of pounds out of pocket. On November 27 BHCC received notice from Brighton i-360 Limited of the board’s intention to appoint administrators. A ten business-day By Graham Robson • 2 min read
News Brighton i360 owners file for administration, leaving Brighton & Hove City Council millions of pounds out of pocket Brighton & Hove City Council (BHCC) is expecting Brighton i-360 Limited, the company which owns beleaguered tourist attraction Brighton i360, to enter administration in the near future after receiving notice of the board’s intention to appoint administrators. The council understands that, once the c By Graham Robson • 1 min read