Creditors today agreed a rescue package for Margate's Dreamland, which has run up debts of nearly three million pounds just seven months after its troubled relaunch as a vintage amusement park. The company running it has entered into a Voluntary Arrangement to settle debts over five years - a move that avoids going into liquidation. Dreamland's 18 million pound restoration was largely funded by the Heritage Lottery Fund and other public money. Tonight - questions about the project's financial management, and doubts about Dreamland's future viability. Sarah Saunders reports.
Managers of the Dreamland vintage amusement park at Margate have confirmed they're struggling to clear debts understood to be almost £3m.Read the full story ›
Screams from the oldest roller-coster in the country have not been heard in Margate for almost 10 years - but today the vintage attraction is rolling once again at Dreamland. The scenic railway wasn't ready for the park's grand re-opening in June - but now the ride is back - and ready to thrill. Sarah Saunders took a ride.
The Scenic Railway at Dreamland in Kent opened today for a special preview for members. The newly renovated Grade II listed attraction can be tested by the public from 10am on Friday. The wooden railway was damaged in an arson attack in 2008.
Ahead of tomorrow's public re-opening of Dreamland's historic The Scenic Railway rollercoaster our reporter, Sarah Saunders, is there. She will have a full report later.
Dreamland in Margate has reopened for business. Hundreds of people attended the park for the first day since it was closed due to fire.
Henry Isles's great great granddaughter Heather Brennan, Leader of Thanet council Cllr Chris Wells and former scenic brakeman George Weston Wright speak to ITV News Meridian in the video below. Watch Derek Johnson's report.
Tune in to ITV New Meridian tonight at six o'clock, when we will be talking to Chas and Dave about the reopening of Dreamland.
With George Weston Wright, a brakeman on the scenic railway at Dreamland in the 40s and 50s http://t.co/vid6yPPUog
View our gallery of pictures from the opening day of the well-loved amusement parkRead the full story ›