Man's outrage as multi-storey car park's lights left on despite closure
Grafton car park on Worthing seafront was closed on May 16 after Worthing Borough Council reported 'falling concrete'.
It said that it would be carrying out an 'urgent investigation' into the condition of the structure, which is more than 60 years old.
John Hill, from Sompting, regularly drives past the car park and noticed the lights were still left switched on.
The 74-year-old has raised concerns that it is wasting council money and says they should be switched off.
Mr Hill said: 'It's like Blackpool illuminations.
'Every single light is burning.
'With all the cut backs the council is having to make at the minute, it's an absolute disgrace.
'They're on during the day and at night.
'It's outrageous. It must be costing thousands of pounds.'
The council recently reassured the public that the connected shops and bowling alley are safe to stay open due to the structure of the building being unaffected.
Worthing Borough Council has been approached for comment.
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The Unilever (LSE: ULVR) share price has barely budged after today's first-half results, with the stock market reacting with a familiar lack of excitement to another mixed update from the FTSE 100 giant. That feels par for the course. Unilever shares are down 5.8% over the last 12 months and 4.2% over five years. Not exactly thrilling for a business of this size and reputation. Personally, I'm relieved. I gave up on Unilever back in March and dropped the stock from my Self-Invested Personal Pension. Today's numbers haven't made me regret the move. Growth steady Unilever's headline numbers weren't awful. Underlying sales growth hit 3.4%, with a reasonable balance between price increases (1.9%) and volume gains (1.5%). That group isn't just passing costs onto shoppers but shifting more product too. Its personal care division led the way with 4.8% growth, while ice cream sales rose 5.9% ahead of November's planned demerger. Emerging market growth is expected to pick up speed in the second half, particularly in Asia. Developed markets performed better, with underlying sales up 4.3%. Gross margins climbed to a chunky 45.7%, helping fund increased brand and marketing investment. CEO Fernando Fernandez sounded bullish, with a focus on core brands and premium segments. But not everything was upbeat. Turnover fell 3.2% to €30.1bn year on year, hit by adverse currency moves and business disposals. Underlying operating profits slipped 4.8% to €5.8bn, with margins down 30 basis points to 19.3% Free cash flow halved to €1.1bn, hit by working capital demands and separation costs from the ice cream spin-off. Those aren't disasters, but they're not a reason for me to feel like I've missed out either. FTSE 100 farewell When I sold Unilever in March, I noted the shares had climbed just 10% over five years. That's a poor showing from a £109bn global consumer goods colossus. The company had seemed sprawling and unfocused, and even its plan to concentrate on 30 'Power Brands' hadn't fully convinced me. The shares have slipped since, yet the price-to-earnings ratio remains above the FTSE 100 average at 22.5. That's not unusual for the stock, and confirms its strong reputation among investors, but I'm not convinced it's justified by the growth outlook. The trailing dividend yield is 3.32%, which is fine but not standout. Analysts are more upbeat than I am. The 19 setting forecasts have produced a median share price growth forecast of 12.7% over the next year, lifting the stock from today's 4,467p to 5,038p. Forecasts aren't guarantees, of course. Better value elsewhere? Of 22 analysts, 14 rate it a Buy, five call it a Hold, and only three a Sell. I'm happy to be in the minority on this one. I have no regrets over selling Unilever, and no plans to buy. I don't think the growth outlook is strong enough or the dividend quite juicy enough to tempt me back in, given what's on offer elsewhere in the FTSE 100. That said, investors looking for a portfolio cornerstone or a little diversification might consider buying Unilever. It's a stable business, with a solid footprint in essential goods and long-term brand equity. But for my stocks and shares ISA, I'm currently chasing higher dividends or faster growth. And a bit more excitement. The post What's going on with the Unilever share price? appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended Unilever. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
