Schools have been informed how much they will receive to cover the financial costs they felt as a result of Liverpool Council’s electricity contract mistakes last year.
It was confirmed last week schools across Liverpool have been hit with an additional bill of £2.3m as a result of the city council’s errors around its energy contract in the spring of 2022. Council leaders were not informed that the electricity provider it was dealing with had withdrawn from the commercial market, leading to the local authority - and other city institutions including schools and the fire service - being placed on a far more expensive contract.
Almost a year on, Cllr Tom Logan, cabinet member for education and skills has confirmed to a select committee schools have been told how they will be compensated for the mix-up ahead of it being made public. Last week, Ian Duncan, interim chief finance officer, said the authority was hopeful a way through had been found after talks with Government.
