Opus research for the BBC You & Yours programme has been quoted in a detailed and downbeat assessment of the financial issues faced by the UK care home industry published by the Investors Chronicle. “Research from the insolvency agency Opus for the BBC found that 13 per cent of care homes pay more in interest and servicing their debt than
Our Business Risk Adviser, Nick Hood is quoted in an article by Johanna Bourke for the Evening Standard on the BHS pension scheme issues emerging from the first day of the joint hearing by two Parliamentary Committees investigating the collapse of the retail chain. “Once the comfort blanket of the Arcadia guarantee was taken away, BHS must have looked like
Opus research and comments quoted and attributed by reporter Gill Plimmer in the Financial Times. Research by the insolvency agency Opus for BBC Radio 4’s You and Yours said last week that more than a quarter of care homes were in danger of going bust in the next three years. It said that about 13 per cent of operators were
Questions are being asked about the declining profit margins at failed retailer, BHS. Sunday Times reporter, Oliver Shah quotes and attributes research carried out by Opus. “BHS’s profit margin before Green’s consortium too control was less than 3%, according to Opus Restructuring, an advisory firm. It leapt to more than 10% by 2002 and stayed at that level until 2006,
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
Part 1 of the BBC Radio 4 You & Yours programme’s feature on the finances of the UK care home market was broadcast today, including the research carried out by Opus and comments by our Business Risk Adviser, Nick Hood. The package starts at 2:22 into the programme. Click here to listen to the whole package
