Income falls at Milestones

The Milestones Trust reported a slight drop in its total incoming resources from £28.9m in 2016 to £28.5m for the year ended 31 March...

Excelcare profit drop

Excelcare Holdings reported a 43.2% rise in revenues but profits plummeted for the care home provider in the year ended 31 March 2017. Turnover stood...

‘Tough year’ for RVG pre sale

Ahead of its sale to AXA Investment Managers - Real Assets in September, Retirement Villages Group (RVG) reported a 28.5% rise in revenues for...

Audley secures £125m loan

Retirement villages provider, Audley Group, has refinanced its debt facilities with a £125m five-year term loan from HSBC and Bank Leumi (UK). The facility will fund the Audley...

Tracscare rebrands

Specialist care provider Tracscare has re-branded and is now called accomplish. The provider says its name change is part of a wider re-brand which...

Priory appoints medical director

Priory has appointed Dr Martine Stoffels as medical director of its acquired brain injury services. As part of the newly created role, Stoffel will be...

Suffolk care home fined for unsafe care

The manager and owner of a Suffolk care home has been fined at Ispwich Magistrates’ Court following an investigation into the death of a...

CQC’s Andrea Sutcliffe awarded CBE

Chief inspector of adult social care at the Care Quality Commission (CQC), Andrea Sutcliffe, has been awarded a CBE in the Queen’s New Years...

ResI REIT enters the housing with care market

UK-based REIT Residential Secure Income plc (ResI) has carried out its first acquisition, buying 1,341 retirement properties for £100m. The acquired portfolio is concentrated in...

A fragile market

Colin Angel , policy director at the UK Homecare Association offers an inside view of the state of homecare The precarious state of the state-funded...