The city council’s quest to put an end to its issues around development funded by fractional investment takes its next step on Friday, with the cabinet asked to endorse changes including ramping up financial due diligence and restricting the release of council sites.
The city council hopes to launch a new licensing scheme after the Government decided not to renew the previous initiative and has published a report it says provides “irrefutable proof” of the current scheme’s success.
Four projects across Liverpool City Region, including the redevelopment of Littlewood Studios and Liverpool School of Tropical Medicine, have received a combined total of £26m from Whitehall’s Getting Building Fund.
The city council is creating a strategic board to lead on the delivery of council housing and other stock, significantly scaling back the role of arms length management organisation Liverpool Foundation Homes.
Around 130 retail and hospitality businesses have signed an open letter supporting a controversial plan to install a zip wire between two Liverpool landmarks following widespread criticism, saying it could provide a shot in the arm to the struggling sectors.
With socially distanced live performances now approved by Government, Liverpool City Council and Arts Council England have announced a £200,000 pilot project to fund performing and visual art in the city’s streets.