The chief executive of Liverpool City Council said measures have been put in place to resolve a plethora of governance failings that sparked an ongoing police investigation and subsequent Whitehall action, and vowed to do a great deal more to improve investor confidence.
Property developers have been routinely put off building in the city after conversations with the council caused them to doubt decisions would be made fairly and objectively, said the author of a damning report into the authority’s operations.
The city council has terminated the contract of its head of regeneration Nick Kavanagh, who has twice been arrested and released without charge in connection with a police corruption probe and has now pledged to clear his name.
Government officials are to take over the running of Liverpool City Council amid an ongoing corruption investigation by Merseyside Police, communities secretary Robert Jenrick is expected to announce this week.
The industrial developer has sold plots at Brookfield Business Park in Aintree and Estuary Commerce Park in Speke to 4th Industrial, a venture backed by TPG Real Estate Partners, as part of a £40m UK-wide deal.