Monday, 6 August 2012

London Pleasure Gardens goes into administration


East London venue complex the London Pleasure Gardens has gone into voluntary administration, just a few weeks after opening. In a statement a spokesperson for Newham Council, which provided £3 million plus loan funding for the project, said that the decision was "regrettable but understandable" and said that it was "disappointing that the anticipated visitor numbers and revenue from recent planned events have not materialised". The Bloc Weekender ended up closing on the first night after overcrowding and  the organisers of another event due to take place, Secretsundaze Go Bang!, moved to another venue. LOCOG's restrictions on numbers, only 2500 locals and ticket holders at the neighbouring ExCel venue could attend the unfinished  site which housed a big screen for the 2012 Olympics, meant it was mostly deserted according to Reuters. LPG creative director Deborah Armstrong has resigned from her post 

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