Plans to create a new cinema have been stalled due to "economic uncertainty".
Despite having finances in place and planning permission secured Knowsley Council says the price to build the cinema in Kirkby has increased by £5 million, double the original cost. The council claim that finding additional revenue for the project would be a "considerable challenge".
When built the site will include a new multi-screen cinema and three food and drink outlets. The council has also said that a rise in interest rates in 2022 means that the project would be delivered "at a loss to public spending".
