Post

Private equity owns 11 of England’s 20 biggest children’s care providers, research finds

theguardian.comPrivate equity owns 11 of England’s 20 biggest children’s care providers, research findsInvestigation comes amid growing calls for an end to ‘obscene’ profit-making in care sector Private equity companies now own or partly own 11 of the 20 largest providers of fostering and children’s homes in England, as calls to ban “obscene” profit-making in children’s care grow. An investigation by the thinktank Common Wealth found the “big four” independent fostering agencies – which provide almost a quarter of fostering placements in England – have paid out more than £200m from taxpayers to shareholders in interest payments since 2020. Continue reading...

2/9/26, 11:03 pm36 reposts49 likes

cps10001.bsky.social

@cps10001.bsky.social

3 Sept

Nothing to see here move along. Health and social care services are seen as perfect cash machines as they will always be needed. Unfortunately governments don't seem to consider the consequences to the public.

Dale

@rastapackermon.bsky.social

You would be fucked.

England doesn’t have public child welfare? Charming. I think I hear an English kid talking to me now. Wait. I think he’s saying “please sir can I have more?”