Allied Healthcare - 13,000 people are risk of losing their care

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https://www.theguardian.com/society...britons-at-risk-as-provider-seeks-rescue-plan

The care of more than 13,000 elderly and vulnerable Britons could be thrown into turmoil after one of the biggest providers of home care visits in the UK warned it would go bust unless creditors backed a rescue plan.

So its owned by a Private Equity company who now wants to enter into a CVA.

So should the Government step in?
 
when I read the article, it seemed to say the local authorities and others who buy its services, are unable or unwilling to pay an amount which enables the company to continue.

If we assume that the staff are not going to work for less than minimum wage, either somebody is going to have to pay a market rate, or the customers won't get the service.

Which is it to be?

Isn't Jeremy the Hunt in charge? He's not in favour of state provided social care, is he? He's not even in favour of state provided medical care.

More than a year ago,
"Record numbers of care homes are already closing and more than 400 care home businesses have been declared insolvent since 2010, official figures show."

"“The government is abdicating responsibilities for social care to local authorities,” he said. “I think it owes more to the protection of vulnerable politicians than it does to the protection of vulnerable adults. My view is that if you ask me who is to blame it is the government. The government should be delivering a very clear vision for what social care is, they should be giving clear expectations to citizens about what they should expect from the system and what they should expect to pay for and none of that is happening.”"


https://www.theguardian.com/society...t-social-care-england-chief-chancellor-budget

"More than 900 adult social care workers a day quit their job in England last year, figures reveal, as homecare providers warn the adult social care system has begun to collapse.

Analysis by the BBC of data released by a charity, Skills for Care, shows that in 2015-16 about 338,520 adult social care workers left their roles, equal to 928 people leaving their job every day. There were more than 1.3 million people employed in the adult social care sector in England in the period."
https://www.theguardian.com/society...-day-as-social-care-system-starts-to-collapse

So this isn't a surprise.
 
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