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Why Pride organisers face 'the most serious financial challenge in movement's history'

The company behind London's Pride parade recorded a £120,726 loss in 2024, latest accounts show.

The entity that runs the capital's annual LGBT+ event had made £204,368 in profit the previous year. It comes as Pride organisations have been struggling with running costs.

Major cities across the UK had either paused the running of full events or became insolvent in 2025. The organisations behind Liverpool and Plymouth Pride parades did not hold their annual events last year because of financial and organisational challenges, while Manchester Pride was put into voluntary liquidation, leaving artists, suppliers and freelancers unpaid.

Pride organisers are facing "the most serious financial challenge in the movement's history.

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