Care Markets

The Budget in July delivered an unanticipated blow to social care providers. The introduction of a compulsory living wage rising to £9 in 2019 means a real-terms increase of about 50% over four years to bottom-line staff costs where employees are paid the minimum wage. Providers who currently pay above the minimum may not be able to continue to do so. This may affect recruitment and retention.

B&M Care Group Limited experienced a 5.1% rise in turnover from £31.5m to £33.1m for the year ended 30 September 2014.Taking into account cost...

Care UK Health & Social Care Holdings Limited reported a 10.4% rise in revenues for the year ended 30 September 2014.Turnover rose from £657.2m...

Specialist care provider CareTech is to acquire Scottish childcare provider Spark of Genius for up to £9.2m, comprising £7.48m in cash and an earn-out...

The public tend to be more positive about local social care services than about national policies on it, according to new research commissioned by...

Buckinghamshire county council has reported a sharp fall in the number of people being admitted permanently into care homes.Provisional figures show a drop from...

Care providers have expressed serious concerns about the Chancellor of Exchequer’s plans to introduce a National Living Wage of £7.20 for people aged over...

The Transforming Care Delivery Board (made up of NHS England, the Local Government Association, the Association of Directors of Adult Social Services, the Care...

The introduction of a £72,000 cap on the cost of care and the assessment of self-paying care home residents has been postponed until 2020.In...

Many mental health patients currently being treated on adult acute wards could be treated in other settings if they were available, according to a...