Liverpool Council shares concerns with its auditors over the scale of its financial challenges on the horizon.
The city’s new assistant mayor and finance lead, Cllr Paul Brant, said the council accepted the “magnitude of the scale” it faced in the coming years in the face of ever widening budget forecasts. Cllr Brant’s remarks came as auditors Grant Thornton presented their interim value for money report on the local authority for 2020/21 to its audit committee.
The report has provided an initial set of findings as the auditors await the outcome of an external investigation of the council they themselves requested. Law firm TLT LLP has been tasked with leading a scope into the local authority’s records to establish whether there is any evidence of “improper influence in the council’s decision making arising from the actions of the former Mayor and former senior officers.”