[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Monday, 26 March 2007, 09:20 GMT 10:20 UK
Leader vouches '08 funds in place
Warren Bradley
The council leader says the funding gap will be bridged
The leader of Liverpool City Council has dismissed concerns that there will be a multi-million pound shortfall for the Capital of Culture celebrations.

However, when this year's council budget was set earlier this month, it revealed a 29m funding shortfall.

Now a number of Labour MPs in the city are demanding a meeting with the council's finance director.

But council leader Warren Bradley is adamant the budget for the '08 programme will be in place by October.

A total of 5m was due to be put aside this year specifically for Capital of Culture celebrations, but it has been deferred until next year.

Council loan

Now four Liverpool MPs have written to the financial director Phil Halsall asking for a meeting to discuss how the city will raise the money needed.

Councillors were due to hear how the funding gap would be bridged last week but the meeting was cancelled because the report was not ready.

It is now due to go before the council on 4 April, but opposition members claim it will be postponed again until June - after the local elections.

The leader of the council Warren Bradley insists front line services will not be cut to raise the cash but says the authority may need to borrow the money in the short term.


SEE ALSO
Store entrepreneur promotes city
22 Mar 07 |  Merseyside
Robotic birds scare 'fat' pigeons
20 Mar 07 |  Merseyside
MPs call for more culture police
31 Jan 07 |  Merseyside
Culture boss resigns from her job
04 Jul 06 |  Merseyside

RELATED BBC LINKS

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites



FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific