Brighton Pier owner hit by spending slowdown and bad weather
by Mark Sweney from World news | The Guardian on (#6F1RE)
Weekend rail strikes also hit revenues as boss blames persistent high inflation' for losses
Brighton Pier Group, the owner of the 124-year-old listed East Sussex landmark alongside bars and mini golf courses across the UK, slumped to an almost 4m loss amid a slowdown in consumer spending, exceptionally poor" weather and weekend rail strikes.
The leisure company reported a 3.9m pre-tax loss in the half year to 25 June - down from a profit of 700,000 in the same period last year - saying its business was weathering a uniquely challenging trading environment".
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