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What is wrong with our Governments - privatising everything for a fast buck?
The report reveals that companies that own homes in the increasingly privatised sector are placing them in poorer, more disadvantaged areas, so more children are moved from their support networks. Three-quarters of homes in England are now private.
It also finds that local authorities facing increasing pressure to place children are being charged huge fees by private providers without guarantees about how money is spent. Costs sometimes exceed £200,000 a year for a single placement.
The six largest independent providers of children’s social care services made £215m profit in 2019.
The report reveals that companies that own homes in the increasingly privatised sector are placing them in poorer, more disadvantaged areas, so more children are moved from their support networks. Three-quarters of homes in England are now private.
It also finds that local authorities facing increasing pressure to place children are being charged huge fees by private providers without guarantees about how money is spent. Costs sometimes exceed £200,000 a year for a single placement.
The six largest independent providers of children’s social care services made £215m profit in 2019.