Wednesday, May 8, 2024
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Ashley House enters into joint venture with MSIL

Ashley House has signed a joint venture agreement with Morgan Sindall Investments Limited (MSIL) in order to accelerate and grow its pipeline of extra...

Four Seasons reaches debt standstill agreement with H/2

Four Seasons and H/2 Capital Partners have agreed a debt standstill agreement which will see the operator default on its December interest payments. Described...

Freeman joins CareTech charitable foundation

The CareTech Charitable Foundation has appointed Jonathan Freeman as interim CEO. The former managing director of Mosaic, HRH The Prince of Wales’s mentoring charitable initiative,...

Care cap is scrapped says Doyle-Price

After four years of delays, Care Minister Jackie Doyle-Price has announced the care cap has been scrapped. She said the Government had abandoned the...

Administrative expenses hit CareTech’s profits

Preliminary results for listed specialist care provider CareTech show a 11.4% rise in revenues for the year ended 30 September 2017, but profit levels...

Stokes to swap Bupa for HC-One

Professor Graham Stokes will be joining HC-One next month as director of memory care support services. Currently global director of dementia care at Bupa, Professor...

Mears predicts a care services profit

Amid reports that it has appointed Rothschild to review its care business, Mears Group told its shareholders today that it expects the division to...

Alternative Futures back in the black (just)

Alternative Futures Group experienced a small drop in turnover from £60m to £59.2m for the year ended 31 March 2017. Expenditure by the charitable operator...

DH plans to protect social care workforce post-Brexit

The Department of Health (DH) has said it will take measures to protect the adult social care workforce following Brexit. In its response the...

Profits down but occupancy levels up in UK care homes finds Knight Frank

Knight Frank has become the latest analysts to highlight the falling profit levels among care homes in the UK. Its analysis of EBITDARM levels...