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Shortfall in fee rises leads to contract hand backs at Choice Support

Fee increases not meeting the rise in national living wage resulted in Choice Support handing back contracts. The provider said, in its latest accounts, by...

Civitas closes £71m debt facility

Civitas Social Housing has closed a five-year term debt facility of £70.9m with a European bank lender. The facility has been used to close the...

Workforce issues dampening results at Thera Trust

Thera Trust is expected to make a loss this financial year because of ongoing workforce issues across social care sector. The charity, which is made...

Aedifica invests over half of development funds in UK and Ireland

Over half of Aedifica’s €803m (£904.8m) investment and development pipeline across Europe in 2022 was in the UK and Ireland. Annual results showed it carried...

Optimo grows portfolio with deal for Stepping Stones Services

Optimo Care Group has grown its portfolio of subsidiaries with the acquisition of Stepping Stones Services Ltd. Based in Rochdale, Stepping Stones is a supported...

Health and care staff experiencing ‘incredibly high levels’ of abuse

One in three nurses, healthcare and care workers have reported receiving more abuse in the past year than ever before. A study of 463 workers...

Eight in ten councils report fee rises

More than 130 councils in England increased fee rates between 2021 and 2022, government research and analysis has shown. On a weighted average basis, excluding...

Partnerships and deals help drive revenues at Cera Care

Cera Care’s continued growth strategy helped power revenues 270%, as it grew its public sector partnerships and acquired businesses. It posted annual revenue of £124.9m...

Impact Healthcare offloads non-core asset

Impact Healthcare REIT has sold a non-core care home, which it initially acquired as part of a seed portfolio in May 2017. It has exchanged...

Work on Cinnamon Care Collection development completes

Construction firm Stepnell has completed the design and build work on a £6.5m property for Cinnamon Care Collection. The development in Hagley, Birmingham, will offer...