Braemar Finance Business Barometer – Care Homes
Braemar Finance recently conducted its latest Business Barometer research, which examines current Care Home sector trends and the view of business-owners about a range of…
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Finance
Ombudsman Issues Guidance on Care Finance Decisions
The Local Government and Social Care Ombudsman has issued guidance to councils on the often-complex issue of Deprivation of Capital decisions. Based on lessons from…
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Six In 10 Over-45s Support Capping Care Fees, Just Group Care Report 2021 Reveals
More than six in 10 (61%) over-45s favour the government introducing a cap on the amount of money that people needing later life care are expected to contribute before the State steps in to pick up the bill.
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Supreme Court Ruling Could Save Care Homes “Retrospective” VAT Charges
Organisations including care homes that have used leaseback arrangements will not be subject to retrospective VAT charges, a Supreme Court has ruled, which means that…
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Local Services Will Continue To Decline Until Government Tackles £5 Billion Funding Gap
Decade of funding cuts and uncertainty over financial settlement for 2020/21 has left council services at breaking point Social care system on verge of collapse….
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Thursfields Highlights End of ‘Double Recovery’ Care Costs Dispute
Local councils should no longer take personal injury settlements into account when deciding whether to pay for the care of severely disabled people, according to…
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LGA Responds to Cost of Care Research
Responding to research by Prestige Nursing + Care showing that the average annual cost of a care home in Great Britain has increased by 9.6%…
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Half of UK Workers Aged 40-64 Won’t Have Enough Money to Retire
Half of all workers aged 40-64 – nearly eight million people – do not expect to have enough money to stop work and retire when…
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Government Extends Suspension Of Minimum Wage Enforcement In The Social Care Sector
The government has announced a further one-month suspension of minimum wage enforcement concerning sleep-in shifts in the social care sector to minimise disruption to the…
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Bupa Set to Sell Up to Half its Care Homes in £450 Million Deal
Healthcare group, Bupa, is set to sell almost half of its care homes in a deal that is expected be in the region of £450…
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Care Home with Views of Windsor Castle Celebrates Milestone
Care UK, has moved a step closer to delivering a new care home in Windsor, with a ‘topping out’ ceremony held on site to…
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Sleep-Ins And The National Minimum Wage
Sleep-ins have been a topic of controversy for some time, but the issue has become more pressing recently with escalating costs in the sector and, coupled with…
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Buying Or Selling A Care Home? – Make Sure You Consider The Legal Necessities
Buying or selling a care home requires input from specialist legal advisors to ensure that you do not fall foul of the various regulatory hurdles…
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New High Quality Edinburgh Care Home in £3M Crowdfunding Raise
A brand new high quality care home for the elderly in Edinburgh, established by Care Concern Group, is raising £3million from investors through Downing Crowd,…
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Record High Pension Freedom Payments Highlights The Need For Vigilance, Today And Tomorrow
New HMRC figures show that the pension freedoms payments have more than doubled from Q1 to Q2 2016 Aviva insight, however, shows the need for…
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