A quarter of Northamptonshire care homes close to going out of business

A quarter of Northamptonshire care homes close to going out of business

May 5, 2016


Northampton Chronicle & Echo reporter, Nick Spoors writes on the financial crisis facing the care home sector in Northamptonshire, quoting Opus research and comments by our Business Risk Adviser, Nick Hood.

“The care home sector is caught in a ‘pernicious profit pincer’, squeezed between Government austerity cuts limiting its income, and relentless upward cost pressures from rising labour costs and care quality improvement demands.”

Click here to read the full article

 

Related News

Why administration isn’t always the right business rescue route

April 16, 2021

Read more

Categories: Group, Restructuring & Insolvency

When is an Insolvent Company not an Insolvent Company?

March 24, 2021

Read more

Categories: Group, Restructuring & Insolvency

Categories

Previous Articles