Hastings Pier operator enters administration

The charity that operates Hastings Pier has gone into administration after it failed to raise the £800,000 required to fund it through to 2021. The news came less than a month after the pier won the prestigious Stirling architecture prize and after a number of voices, including Coinslot, had questioned how it could generate the necessary revenue without any traditional amusements. The attraction only reopened last year after the catastrophic fire that nearly destroyed it entirely in 2010, but speculation surrounding financial difficulties had arisen in October. Maria Ludkin, chair of Hastings Pier Charity, said that £800,000 [ ] The post Hastings Pier operator enters administration appeared first on Coinslot.
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