The Councillors seeking re-election at this election were elected in the 'all-up' election in 1953 for a two-year term (as they were the candidates receiving the second highest number of votes). Therefore, comparisons are made with the 1953 election results.
At the meeting of the City Council on 23 May 1955 the terms of office of twenty of the forty Aldermen expired and the Councillors elected twenty Aldermen to fill the vacant positions for a term of six years. Fifteen Conservative, one Independent, and two Liberal Aldermen were replaced by eighteen Labour Aldermen, allowing Labour to take control of the council for the first time.
By-election caused by the election of Hugh Carr (elected as Cllr. for St. James in 1953) and William George Ingham (elected as Cllr. for St. James in 1954) as Aldermen.
By-election caused by the election of John Leslie Hughes (elected as Cllr. for Everton in 1953) and David Nickson (elected as Cllr. for Everton in 1954) as Aldermen.
By-election caused by the election of Peter McKernan (elected as Cllr. for Sandhills in 1953), Henry Aldritt (elected as Cllr. for Sandhills in 1954) and Stanley Part (elected as Cllr. for Sandhills in 1955) as Aldermen.
Alderman Mabel Fletcher M.A. Died on 2 December 1955.[10]
Cllr. Peter James O'Hare was elected by the Councillors as an Alderman on 4 January 1956 and assigned as the Returning Officer for the County ward.[11]