Busy Bees Blackpool in Lancashire, which employs 30 staff and is registered to take 160 children, including 30 after school, will be wound down in the next two months.
Margaret Randles, Busy Bees' operational director, said, 'We've undertaken a huge amount of research over the past 18 months, and we've put a lot of time and effort into marketing our service. We knew the area was over-provided-for a year ago, and our research has told us that most of the 56 nurseries within a five-mile radius have occupancy issues.'
Busy Bees looked at the number of under-fives in the area and the amount of providers available. It calculated that to guarantee full occupancy for all 56 nurseries in the five-mile radius, it would mean that every under-five in Blackpool would have to attend for five sessions a week.
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