Making Space brings forward pay increases for frontline staff
Making Space is the latest care provider to pay all employees the voluntary real living (RLW) wage.
As recommended by the Living Wage Foundation, £9.90...
Allica Bank increases mortgage support for care home customers
Allica Bank has increased its maximum commercial mortgage exposure for small- and medium-sized care home customers to £10m.
The rise from £5m will aim to...
Aspire LPP sells care home development site to Barchester
Aspire LPP has sold a care home development site in Tenterden, Kent, to Barchester Healthcare.
The designer and developer received planning consent for the development...
Fee rates help increase revenue and EBITDAR at Balhousie
Increased fee rates helped drive revenue and EBITDAR at Balhousie Care Group, with margins also improving at the provider.
A reduction in the use of...
Abbeyfield Housing Association joins Blackwood Homes and Care
Abbeyfield Housing Association has joined Blackwood Homes and Care, resulting in its 14 shared houses and their residents transferring across.
Tech-focused care and housing provider...
Anchor closes in on care home target following Halcyon deal
Anchor has completed its deal to buy the entire share capital of Halcyon Care Homes Topco Ltd, closing in on its target of operating...
Therapeutic services key to Capstone’s growth strategy
Growth and development in therapeutic services for complex children and young people helped drive up profitability at Capstone Foster Care.
The agency, which has operations...
Montreux fund geared to complete deal for Zero Three Care
The Montreux Fixed Yield Fund is set complete the acquisition of Zero Three Care (ZTC), previously Project Sycamore, an Essex-based business specialising in providing...
Placements affected by staffing difficulties at New Forest Care
New Forest Care reported a ‘marked increase’ in the number of referrals since the end of lockdown but placements were affected by staffing struggles.
The...
Revenue and EBITDA boosted by occupancy growth at Care UK
Improvement in occupancy at Care UK helped grow revenue and EBITDA, as it continued its recovery from the pandemic, latest results showed.
Average financial occupancy...
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