Tag Archives: Finance

Thousands of care home residents suffering financial abuse

Thousands of care home residents suffering financial abuse

The CQC has investigated almost 13,000 concerns over the financial abuse of elderly care home residents, a FOI has found.

Four Seasons confirms £70m H/2 Capital lifeline

Four Seasons has confirmed the agreement of a £70m funding package with leading creditor H/2 Capital.

Private equity firm seeking Care UK buyer, report

Private equity group Bridgepoint is seeking to sell care home operator Care UK, according to Reuters.

Government considers tax-free care pension plan

A tax-free pension scheme to fund elderly care costs is being considered by the Government.

CareTech Foundation announces support for strategic partners

The Care Tech Foundation, the care sector’s first independent grant-making corporate charitable foundation, has announced significant grants and support for its strategic partners, Barnardo’s, British Asian Trust and Skills for Care.

Outstanding provider buys Northamptonshire care home

Outstanding operator Hampton Healthcare Group has bought Midland Care Home, formerly Dale House, in Wellingborough, Northamptonshire.

BREAKING NEWS: H/2 Capital deal provides breathing space for Four Seasons

A £70m funding package has been agreed to keep leading care home provider Four Seasons afloat until a rescue deal is agreed with leading creditor H/2 Capital.

Ombudsman offers providers guidance on social care contracts

Guidance for providers on offering social care contracts has been made available by the Local Government and Social Care Ombudsman.

Greensleeves backer Allia passes £250m milestone

Independent not for profit finance provider Allia has raised more than £250m of bonds to support charities and deliver social impact.

Barclays funds care home acquisition

The National Care Consortium has purchased a new care home with support from Barclays.