The company owe almost £1 million...
Hope & Glory Festival

The organisers of Liverpool's Hope & Glory Festival have gone into liquidation.

The event collapsed in ignoble circumstances earlier this year, with organisers pulling the plug after a farcical opening day dogged by lengthy queues and complaints.

The company behind the festival has gone into liquidation, with insolvency firm Butcher Woods explaining that 32 creditors were owed £888,984, including Liverpool City Council.

BBC reports that the councils claims it is "seeking recovery of costs associated with the clean-up operation" for the festival at Liverpool's St Georges Quarter.

The council is said to be holding an independent review "into the operational detail" of the festival which "will be complete shortly".

A spokesman said: "Any lessons learned will be implemented for future events run by outside organisations".

Hope & Glory organisers have yet to comment on this development, but in a previous statement "accepted ultimate responsibility" and "profusely apologised" to the public.

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