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Fenton gets top job at McCarthy & Stone
Clive Fenton, currently chief executive of Mount Anvil, a specialist Central London residential property developer, will take up the same post at McCarthy &...
Project to halt malnutrition launched
A project to prevent older people from suffering from malnutrition was launched last month, aiming to increase diagnosis and treatment and improve care and...
Set-up costs eat into Anchor’s profits
Anchor Trust reported a marginal drop in revenues from £267.5m (including £3.7m from discontinued operations) to £264.9m for the year ended 31 March 2013. Retirement housing contributed £128.6m (2012: £124.3m) towards this figure and care homes £119.2m (2012: £117.4m). A further £5.4m was made from providing extra-care services (2012: £5.6m). Following costs of £246.7m (2012: £242.1m), the charitable provider recorded an operating surplus of £18.1m (2012: £25.5m). After taking into account a gain of £8.2m on the disposal of fixed assets (£3.7m) and £4.5m net finance costs (2012: £7.7m), a surplus of £21.8m was recorded (2012: £22.2m). During the report period, Anchor sold 13 properties at Denham Garden Village and a further seven at its The Laureates development, and has since said that all but a few properties have been purchased.
Business case
Adam Penwarden, of Lifeways, talks about stafing issues in the care sectorQ People often say that staff don’t choose social care for the money...
Cable to look at care business issues
Business secretary Vince Cable promised to look into issues affecting businesses which provide care for older and vulnerable people following a meeting with the...
Alternative Futures restructures its cost base
Supported living services accounted for the vast majority of incoming resources achieved by charity Alternative Futures Group for the year ended 31 March 2013.
The...
Shared lives grant boost
Shared Lives Plus – the network focusing on small, family-based support - has been awarded a five year grant by the Big Lottery England...
Meridian maintains even keel
Despite a 5% fall in occupancy levels, revenues at care home provider Meridian Healthcare (Holdings) only experienced a marginal drop to £32.5m in the...
Hammond takes lead at Four Seasons
Four Seasons Health Care, which is owned by private equity firm Terra Firma, announced that it has appointed Tim Hammond chief executive of its...
MITIE acquires Complete Care in £9m deal
MITIE Group PLC, a strategic outsourcing company, announced that it has acquired Complete Care Holdings Limited one of the UK's leading complex care companies,...



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