Tamworth Borough Council has approved a new Commercial Investment Strategy (CIS) to help generate income and become more financially self-sufficient.

The strategy will help the council to make better commercial use of its assets, create services that generate income and drive forward plans to regenerate Tamworth.

Leader of the council, cllr Daniel Cook, said: ‘The Commercial Investment Strategy will allow us to consider options for generating sustainable income from our assets, services and business interests.

‘The development of the CIS takes politics out of what we are trying to do, which is to grow Tamworth and create an income for the long term. It is NOT a political war chest for elections – the strategy is evidence-driven, not political.’