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Adult Care

 

One in five UK care providers may be forced to close by UK budget, according to survey

The social care sector could face potential collapse due to the combined impact of National Insurance changes and National Living Wage increases announced in the budget, the Care Provider Alliance (CPA) has warned. Without immediate government intervention, some 22% may have to close their business entirely, according to findings from the CPA’s survey of more than 1,180 care and support providers who serve hundreds of thousands of people across England. 
December 6, 2024

Healthcare investment “through the bottom of the cycle” — Goldberg (Rothschild)

At last year’s conference Hedley Goldberg, Managing Director at multinational investment bank Rothschild, predicted healthcare M&A activity would begin picking up again in Q4 2023 or Q1 2024. But we’re now halfway through 2024 and there are still very few deals above €500m taking place. Goldberg is confident, however, that we have now passed through the bottom of the cycle.
June 20, 2024

Log My Care secures £3 million funding from Mercia Ventures

Log My Care, a digital platform care management platform, has secured £3 million in funding from Mercia Ventures. This new investment boosts the company's total funding to over £7 million, and is not Mercia Ventures’ first investment in the business.
April 12, 2024

UK Home Office plans threaten overseas recruitment

The UK’s care sector has become heavily dependent on foreign nations for its healthcare workforce. With new proposals from the Home Office restricting whether families can accompany some workers coming to the UK, HBI speaks to two operators to hear what impact the plans could have.
January 25, 2024

Interview: Rebekah Cresswell, CEO, Priory

With a workforce on its knees, it is little surprise that the prospect of ‘care as a career' is becoming an increasingly difficult reality. HBI speaks to UK mental health and social care provider Priory’s CEO Rebekah Cresswell about the government’s latest reforms, and how staff retention can be improved even when times are tough.
January 19, 2024
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