'UK Disneyland' theme park officially scrapped as £2.5bn project plans collapse

The London Resort was initially acceptable to beryllium built connected Swanscombe Peninsula successful Kent, and was predicted to outgo £2.5billion and bring successful millions of visitors each year

Plans for a £2.5billion taxable parkland that would person been the "British Disneyland" person officially been scrapped.

The London Resort was initially acceptable to beryllium built connected Swanscombe Peninsula successful Kent, and was going to beryllium 3 times larger than immoderate different UK taxable park.

The build, which was going to beryllium arsenic ample arsenic 136 Wembley stadiums, has been plagued with setbacks since the start. Plans for the multi-billion lb amusement parkland person present travel to a screeching halt.

London Resort Company Holdings (LRCH) has been ordered into liquidation by a High Court justice contempt the imaginable for the edifice to make tens of thousands of jobs and attracting millions of visitors to the superior each year. The ineligible enactment is with amusement elephantine Paramount, which claims it is owed millions implicit a breached contract.

A spokesperson for LRCH said: “The imagination of the London Resort has been ended by the courts. Natural England fatally wounded the scheme, a azygous creditor has killed it and, with it, immoderate accidental of the UK competing connected the envisaged standard of London Resort.”

The brains down the scheme, Kuwaiti businessman Dr Abdulla Al-Humaidi, had hoped his taxable parkland dreams - which would diagnostic rides, restaurants and hotels - would person travel to fruition.

Former Transport Secretary Steve Norris, and erstwhile president of LRCH, described the scuppered plans arsenic a "tragedy" for the country.

Speaking to KentOnline today, helium said: “I cannot remark connected caller events since I resigned from LRCH immoderate clip ago, but I connection lone 1 observation. Abdulla and his household enactment millions into the project. A decennary connected from erstwhile the task started it inactive does not person readying consent which is simply a unspeakable reflection connected our sclerotic readying system.

“I americium reasonably definite that 1 of the main reasons wherefore backing from the Gulf dried up was due to the fact that cipher determination could judge the UK authorities was sympathetic to the task if it inactive did not person readying consent aft truthful galore years and truthful overmuch wealth spent.

“Paramount’s cognition appears strangely unhelpful to accidental the least. It’s a calamity for those who person mislaid money, for Abdulla and his family, for Kent and for the UK.”