{"id":680753,"date":"2026-01-07T21:16:21","date_gmt":"2026-01-07T21:16:21","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/680753\/"},"modified":"2026-01-07T21:16:21","modified_gmt":"2026-01-07T21:16:21","slug":"cocktail-of-funding-for-littlewoods-regeneration-may-be-needed","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/680753\/","title":{"rendered":"&#8216;Cocktail of funding&#8217; for Littlewoods regeneration may be needed"},"content":{"rendered":"<p>Metro Mayor Steve Rotheram has suggested the city council and combined authority could look to borrow to get the project up and running<img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/01\/0_The-Clock-Tower-being-demolished-at-the-former-Littlewoods-BuildingEdge-LaneLiverpoolPic-Andrew.jp.webp\" alt=\"The Clock Tower being demolished at the former Littlewoods Building in 2024\" loading=\"eager\"  \/>The Clock Tower being demolished at the former Littlewoods Building in 2024(Image: Andrew Teebay Liverpool Echo)<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">A \u201ccocktail of funding\u201d may be needed to get an iconic Liverpool film studio off the ground. This includes borrowing by the city council according to the region\u2019s Metro Mayor.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">For decades, the remains of what was the Littlewoods building has cast a long shadow over Edge Lane towards the city centre. The <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.liverpoolecho.co.uk\/\" target=\"_blank\" aria-label=\"ECHO Link opens in a new tab.\" rel=\"follow noopener\" tabindex=\"0\">ECHO <\/a>revealed last month how plans for the site are to go before the government in February to see if ministers can help bridge a viability gap.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">New wings on the building were scheduled for a 2026 open date with the full scheme earmarked for a 2027 completion. Now, Metro Mayor Steve Rotheram has suggested the city council and the Liverpool City Region Combined Authority may look to borrow funds to get the project moving.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">In December 2023, it began the process of converting the site into the TV and film studio complex in a \u00a370m project. Two new 20,000 square foot studio stages are planned to be the first structures to be constructed on the land.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">Built in 1938, the art-deco building was first developed by John Moores as the headquarters for the Littlewoods football pools, a business which at its peak had 16 million weekly players.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">The Littlewoods Pools Company continued to operate in the building until its closure in November 1994 after the National Lottery reduced its customer base.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/01\/0_First-look-inside-the-Littlewoods-Building-ProjectEdge-Lanewith-John-MaffatCapital-Centric-join.jp.webp\" alt=\"Steve Rotheram, Mayor of Liverpool City Region, on site at Littlewoods in 2024\" loading=\"lazy\"  \/>Steve Rotheram, Mayor of Liverpool City Region, on site at Littlewoods in 2024(Image: Andrew Teebay Liverpool Echo)<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">The building is divided into three sections including the east and west wings, separated by a 1960s addition, the Hangar. Remediation work has taken place and planning permission for the construction process was granted in October 2024.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">Cllr Liam Robinson, leader of <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.liverpoolecho.co.uk\/all-about\/liverpool-council\" target=\"\" aria-label=\"\" rel=\"follow noopener\" tabindex=\"0\">Liverpool Council<\/a>, told the <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.liverpoolecho.co.uk\/\" target=\"_blank\" aria-label=\"ECHO Link opens in a new tab.\" rel=\"follow noopener\" tabindex=\"0\">ECHO <\/a>talks are ongoing at the highest levels of government to get ministers on board. It was revealed in August how developer Capital&amp;Centric (C&amp;C) had entered into discussions about funding for the project with the government.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">The firm said last summer how the cost of delivering the project \u201cin the current climate exceeds the value of the completed development\u201d.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/01\/0_First-look-inside-the-Littlewoods-Building-ProjectEdge-Lanewith-John-MaffatCapital-Centric-join.jp.jpeg\" alt=\"Remediation work at the Littlewoods building\" loading=\"lazy\"  \/>Remediation work at the Littlewoods building in 2024(Image: Andrew Teebay Liverpool Echo)<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">Speaking on <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.liverpoolecho.co.uk\/all-about\/bbc\" target=\"\" aria-label=\"\" rel=\"follow noopener\" tabindex=\"0\">BBC<\/a> Radio Merseyside, Mr Rotheram said he remained confident the project would go ahead and suggested there may be other ways besides financial backing from Whitehall to get wheels turning.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">He said: \u201cI\u2019m really hopeful. We have to find a way, I do think we continually only look to one source, which is government funding.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">\u201cWe perhaps need to look at how we can get a cocktail of funding, including some government support, but that might include ourselves and Liverpool Council having to borrow to see whether we can get this.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">&#8220;They would get a business rate receipt off it, the government would get employment receipts through taxation, it\u2019s a win win, we\u2019ve just got to make the figures stack up.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Metro Mayor Steve Rotheram has suggested the city council and combined authority could look to borrow to get&hellip;\n","protected":false},"author":2,"featured_media":680754,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8815],"tags":[748,13973,393,4884,179,1835,14487,12147,8892,16,15],"class_list":{"0":"post-680753","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-liverpool","8":"tag-britain","9":"tag-edge-lane","10":"tag-england","11":"tag-great-britain","12":"tag-liverpool","13":"tag-liverpool-combined-authority","14":"tag-liverpool-council","15":"tag-regeneration","16":"tag-steve-rotheram","17":"tag-uk","18":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115855896458976963","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/680753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=680753"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/680753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/680754"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=680753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=680753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=680753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}