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# Taxpayers money allocated to troubled i360 project on Brighton seafront
- URL: https://www.scenemag.co.uk/taxpayers-money-allocated-to-troubled-i360-project-on-brighton-seafront/
- Published: 2014-02-01T21:17:14.000Z
- Updated: 2014-02-01T21:29:19.000Z
- Description: Brighton & Hove City Council announced last month they intend to allocate taxpayers money to plug a hole in the financing of the i360 project. The announcement followed after investors withdrew fifteen million pounds investment from the troubled project last September (2013). Simon Kirby, MP for Kem
- Author: Besi
- Tags: News

## Brighton & Hove City Council announced last month they intend to allocate taxpayers money to plug a hole in the financing of the i360 project.

![i360](https://www.scenemag.co.uk/content/images/wp-content/uploads/2014/02/web-6003.jpg)

The announcement followed after investors withdrew fifteen million pounds investment from the troubled project last September (2013).

![Simon Kirby MP](https://www.scenemag.co.uk/content/images/wp-content/uploads/2014/02/web-220-simon-kirby-may-11-pic.jpg)

Simon Kirby MP

Simon Kirby, MP for Kemptown and Peacehaven is expressing concerns over the move to spend a further £36 million pounds on the project.

**He said:** *“Whilst I am incredibly supportive of efforts to support tourism in the City, I am concerned at the cost to taxpayers to get this project off the ground.”*

**Adding:** *“At a time when people are having to watch their finances very carefully I am not convinced this is the most appropriate way to spend £36 million of taxpayers’ money. Whilst this is not my decision to make I would not be proceeding.”*

*“This project has been beset by issues already and I have reservations about the likely return for taxpayers. It is revealing that the required amount of private finance has not been secured.*

*“I would urge caution from the Council to ensure that taxpayers hard earned money is not poured down a black hole.”*

![WEB.600.2](https://www.scenemag.co.uk/content/images/wp-content/uploads/2014/02/web-600-2.jpg)