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Having splashed out nearly PS20m on three main signings, Liverpool went back-k wards and ended up losing out to Chelsea in the battle for the final Champions League spot.
But that was dwarfed by the pounds 800m splashed out by General Electric Company to buy Newcastle oil services firm Wellstream.
Yesterday it was revealed the cash-strapped department splashed out nearly pounds 100million in extra pay to civil servants in the last 18 months.