Friends of the Elderly expects losses for ‘next year or two’

The pandemic had a ‘dramatic impact’ on finances at Friends of the Elderly (FotE), with care home occupancy reporting 70 (21%) fewer residents in March 2021 compared to 12 months earlier. Occupancy and enquiries started to recover from April last year, but the charity expects to make losses for the ‘next year or two’, it…

You must be a CM Subscriber to view this content.

Subscribe Now »