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

The company behind London's Pride recorded a £120,726 loss in 2024 after a profit in 2023, while organisers across the UK report rising costs and falling corporate support that have led some events to pause or organisations to become insolvent.

The company that runs London’s Pride reported a £120,726 loss for 2024, reversing a profit the previous year. Organisers across the UK have faced rising delivery costs and a drop in corporate engagement, and several city Pride events paused or became insolvent in 2025. The UK Pride Organisers Network described the situation as the movement’s most serious financial challenge, and the charity Stonewall reported corporate donations fell markedly in 2025. Key facts: - Pride in London’s 2024 accounts show a £120,726 loss after a £204,368 profit in 2023. - Multiple UK Pride organisations reported increased running costs and reduced corporate support, and some events were paused or organisations entered insolvency during 2025. - Pride in London obtained a High Court injunction in 2025 related to control of bank accounts, and the organisation says it has a funding commitment from the Greater London Authority through 2027. Summary: The reported losses and wider funding declines have placed several Pride organisations under financial strain and disrupted event planning. Undetermined at this time.