The city council has faced a number of major financial shocks in recent years.
One of the major challenges has been been the long-running saga over the renovation of the Broadmarsh centre (pictured below).
Work to revamp the 1970s complex began in 2019, but within months owners Intu went into liquidation leaving the city council, which had invested £17m in the project, picking up the very expensive pieces, leading the scheme to sort the half-demolished site.
Soon after, the council found itself with another financial and reputational headache in the form of the failed Robin Hood Energy scheme.
The flagship project – a community-minded energy supplier that counted former Labour leader Jeremy Corbyn as one of its customers – came crashing…
