13th March 2024
Scandal of care home profit-taking
The financial model underpinning the UK care home industry is unsustainable. £261 million of the annual income received by the largest 26 care home providers goes towards paying off their debts. Of this £117m (45%) are payments to related, and often offshore, companies. Read the Exec Summary on page 5.
Supercars, yachts and a private jet…
Three people have been arrested as part of an investigation into a £76 million care home scandal that saw investor cash spent on supercars, yachts and a private jet.
Private hospitals ‘cannibalising the NHS’
While the NHS is deliberately underfunded the private healthcare sector is making huge profits our of our NHS budget. Why not invest this funding into training and employing more doctors and nurses?
Tax cuts versus funds for crumbling NHS
Hunt’s budget has put tax cuts ahead of supporting our crumbling public services. With the NHS facing rampant inflation and increased patient demand for years to come, a lack of investment will inevitably result in real-terms cuts.