Spending on theme park in Kent tops £45m since inception

By   December 15, 2017

Theme park developers spent more than £10 million last year on plans for a £3.2 billion tourist attraction in Kent as delays continue to affect the project.

A leaked email has revealed bosses have pushed back the unveiling of their updated proposals yet again. The team behind the London Resort, formerly known as London Paramount, will no longer show off plans to the public in the first three months of next year.

The public consultation on the theme park, expected to create more than 27,000 jobs, will instead happen in the second quarter of the year, more than a year after it was orignally planned. It comes as latest accounts filed at Companies House show London Resort Company Holdings, the firm behind the project, made operating losses of £10.2 million in 2016.

It brings the total confirmed spending on the theme park plans, backed by the Kuwaiti owner of Ebbsfleet United Football Club, to about £45 million since it was revealed in 2012. The accounts also reveal the company spent £337,500 on the salaries of its four staff.

For more detail go to Kent Online.

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