£1.5bn ‘leaks out’ of care sector each year, says CHPI

One-tenth of the UK care home industry’s annual income ‘leaks out’ through rents, fees and profits, a report has claimed. Out of a total income of £15.2bn, an estimated £1.5bn (10%) is used for rent, dividend payments, net interest payments, directors’ fees, and profits before tax. The analysis by the Centre of Public Health and…