Failing to properly renew its electricity contract last year cost Liverpool Council more than £2m extra to keep the lights on.
Almost a year on from its costly contract error, new details are continuing to emerge on how the city was hit on its balance sheet from the mistakes made. In April last year, local authority leaders were not informed that the electricity provider it was dealing with had withdrawn from the commercial market, leading to the council - and other city institutions including schools and the fire service - being placed on a far more expensive contract.
Following that error, a devastating report was published by accountants Mazars, who were commissioned by the Mayor of Liverpool Joanne Anderson, to carry out an external investigation. Last month, the city council signed off on plans to reimburse schools more than £2.3m after its expensive contract mistakes.