Household growth to be driven by over 65s
The number of households headed by someone aged 65 years and over is projected to rise by 54% by 2041. Eighty-eight per cent of the total growth of households in England between 2016 and 2041 will be headed by someone aged 65 years and over….
McCarthy & Stone shifts focus away from growth
Retirement housebuilder McCarthy & Stone will look to save more than £40m a year by 2021 following a strategic review. The group has decided to shift its mindset from growth to increasing return on capital employed (ROCE) and margins. Targets include improving ROCE to more…
John Tonkiss confirmed as McCarthy & Stone chief executive
McCarthy & Stone has appointed John Tonkiss as its chief executive officer, taking up the role with immediate effect. He had been interim chief executive from 1 September, following Clive Fenton’s retirement on 31 August. Tonkiss, who has previously been the group’s chief operating officer,…
Adult social care turnover rate grows
Staff turnover rates in adult social care continue to steadily grow, but two-thirds of leavers stay on in the sector, Skills for Care research has found. Its 2018 State of the adult social care sector and workforce in England report found turnover rates climbed 7.6…
Prevention and healthy ageing ‘vital’ to social care reform
Future care models need to focus on prevention and encouraging healthy living, rather than striving to meet rising demand with delivery. According to health policy charity Future Care Capital, scaling up existing models of care provision to meet demand is ‘infeasible and prohibitively expensive’, as…
Impact Healthcare buys £2.8m care home
Investment trust Impact Healthcare REIT has bought Yew Tree Care Centre in Redcar, North Yorkshire, for £2.8m from Monarch Alternative Capital LP. The 76-bed nursing home, which opened in 2010, will be operated by Prestige Care Group. The lease has a fixed 25-year term with…
Chair of Healthwatch England announced
Sir Robert Francis QC (pictured) has been appointed chair of Healthwatch England, replacing Jane Mordue who is stepping down after three years. Sir Robert, who takes up the post in October, is a barrister specialising in medical law. He chaired the independent and public inquiries…
Calls for unpaid carers to receive support
Informal carers working long hours are ‘jeopardising’ their health, with some not being properly assessed for support, the Local Government Association (LGA) and Carers UK have warned. They said strain is being put on 5.7 million unpaid carers in England due to rising service costs…
County councils warn of social care overspend
County authorities fear they will have to overspend on social care services as they struggle to balance their budgets. In its response to a Government consultation on funding for councils next year, the County Councils Network (CCN) has warned that almost £1bn of savings may…
Retirement village to become employee owned
Retirement village operator Middleton Hall is to become an ‘employee owned’ company from April 2019. The ARCO member will be the first UK retirement community to transfer ownership to its employees, and follows in the footsteps of other companies, including independent homecare provider Highland Home…
