Other Upcoming Events

UK Dementia Congress 2018

06 Nov 2018

HILTON BRIGHTON METROPOLE

Caring Times Christmas Lunch

13 Dec 2018

The Dorchester park lane, London

Caring Talks

01 Mar 2018

Savills HQ, Marylebone, London

10th Scottish Caring & Dementia Congress

19 Apr 2018

Murrayfield Stadium in Edinburgh

Best Practice in the Care Home Sector

20 Jun 2018

MAC arts complex and theatre in Birmingham

Young Dementia Annual Conference

20 Sep 2018

The Studio, Birmingham

Annual Care Conference for Wales

04 Oct 2018

Cardiff City Stadium

Insolvencies increase

Caring Times, July/August 2018

Accountancy firm Moore Stephens says there has been an 83% rise in the number of care home businesses entering insolvency, from 81 in 2016/17 to 148 in 2017/18.

With many care home places being paid for by local authorities, the sector has been struggling since the Government cut local authority funding during its austerity drive.

Times have been made harder still as a number of recent high profile and complex care-home insolvencies have caused mainstream lenders to be more cautious of providing low cost funding to the sector.

The Local Government Association say that the care home sector faces a £2.3bn funding gap by 2020 and a Competition and Markets Authority (CMA) report highlighted a £1bn shortfall in public sector funding of care homes in 2017.

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