Liverpool library funding slashed in half

Liverpool library funding slashed in half

Library funding in Liverpool is to be cut by half for the next three years, in addition to £1m of cuts this year.

Mayor Joe Anderson outlined £42m of cuts at a press briefing yesterday (6th February), the Liverpool Echo reported.

The cuts include up to £500,000 being “shaved off the budget for the city’s libraries every year for the next three years”.

The Echo said: “Factored into how much must be cut is the required repayments for the Central Library refurbishment of around £1m a year for the next 30 years under the Private Finance Initiative (PFI) scheme that paid for it.”

No details of which libraries could face closure will be made public until March or April “in order that review can be carried out and staff can be given their options”.

Around 300 of the council’s 6,500 jobs could also have to be shed, with compulsory redundancies not ruled out.