Halo has announced it has entered liquidation after 11 years of nights out due to a combination of a change of student culture and the external pressures of Brexit and cost of living crisis.

First opened in 2013, the club has had to let more than 50 members of staff go with club owner, Ty Temel, gutted by the personal and wider loss to Bournemouth. 

He said: "Until 2020, everything was great. The night time economy was thriving and we actually did a huge refurbishment in 2020. We closed for six weeks, spent just under half a million pounds and we re-opened on the payday weekend in January. 

"We stayed open for six weeks and then we went into lockdown so we went into it not in a very favourable position from a cash position as a business."

Although Ty pushed for re-opening, which eventually happened, with a boom in business after lockdown ended, Ty said since 2022, Halo has struggled to maintain its profit margin. 

He believes Covid blurred a ongoing problem which began in 2019 with knock-on effects from a loss of staff following Brexit. 

He said: "The first dip was Brexit because we lost a lot of our overseas staff. The hospitality sector in general took a massive hit and then Covid came. 

"I think the biggest thing has a been cultural shift, I feel British culture around the nightclubbing scene is dying.

"Unfortunately, you have students that are pinched by a cost of living crisis and also a behavioural change in people drinking less alcohol."

For Ty the closing of the club is a bookmark moment of his career after first becoming involved with the club when it was known as V.

Ty began at the club as a promoter and eventually took over as owner in 2013.

He said: "I started as a kid, not with any real knowledge of nightclub life or life in general. 

"I think this is the start of a long blood bath in the hospitality industry. It's Armageddon and this is the beginning of it."