12 hours ago

Plans for £2.5 Billion 'British Disneyland' Officially Scrapped Amid Legal Woes

Plans for £2.5 Billion 'British Disneyland' Officially Scrapped Amid Legal Woes
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7 Highlights
  • £2.5bn London Resort plans scrapped and LRCH liquidated by High Court.
  • London Resort, announced in 2012, faced continuous setbacks and is now abandoned.
  • Planned as UK's largest theme park, it would have spanned 136 Wembley stadiums.
  • Legal issues with Paramount Pictures and Natural England complicated the project.
  • Project promised over 30,000 jobs spanning hotels and restaurants at the site.
  • Court ruled LRCH to pay legal costs to preparatory companies.
  • Rival firms, like Merlin Entertainments, opposed the London Resort project.
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