Telford & Wrekin Council said that in the wake of a "requires improvement" rating following its last full inspection in 2016, it devised a focused plan to address the issues raised, which included reinvesting money raised through commercial enterprises in children’s services.
This included some of the profits from Nuplace, a lettings company owned by Telford & Wrekin Council which develops homes for private rent across the borough, and income from a solar farm made up of more than 15,000 panels on an 11.7-hectare site, which generates enough electricity to power more than 800 homes.
Nuplace makes the council around £600,000 a year, while the Solar farm makes in excess of £200,000 a year. In total, commercial activities generate the council around £25m a year.
Register Now to Continue Reading
Thank you for visiting Children & Young People Now and making use of our archive of more than 60,000 expert features, topics hubs, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's Included
-
Free access to 4 subscriber-only articles per month
-
Email newsletter providing advice and guidance across the sector
Already have an account? Sign in here