Blackpool’s Livewire Festival has been called off for the second year running.

The festival was due to take place over the August bank holiday weekend at Blackpool’s Headlands Arena, with a headline performance from Lauryn Hill.

The organiser of the event blamed “investor issues”, as the festival hit money troubles.

The cancellation means the festival has only gone ahead for one of the three-years agreed in a deal with Blackpool Council back in 2017.

Livewire was postponed last summer due to the “ill health to key personnel”.

Jason Manford, Alan Davies and Chris Ramsey were set to feature in a comedy showcase at the three-day event this year and the Royal Philharmonic Orchestra and singers Kerry Ellis and John Owen-Jones were also set to perform.

Mariah Carey was due to perform at last year’s event in what would have been her only UK appearance.

In a statement, the organiser said: “Due to investor issues, this hasn’t been a decision we have taken lightly and have explored every avenue we possibly could to keep the event on.

“However, due to funding we have had no option but to cancel the event.

“We would like to take the opportunity to apologise to all ticket holders, however, this is beyond our control.”