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Restructuring & Insolvency

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

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

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BBC You & Yours programme features Opus care home finance

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

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Quarter of care homes at risk of closure: Opus comments for the BBC website

Following publication of our research into the precarious state of the finances of UK care homes, the data and comments by our Business Risk Adviser, Nick Hood have been quoted in the BBC UK News website. The figures make investment difficult……. It leaves a very small pot to encourage people to stay in this market and run care homes and to

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Care home finances: Opus comments for BBC Radio 5 Live

Research conducted by Opus reveals that the UK care home sector is barely profitable and borrowing far too much. The data and comments by our Nick Hood were quoted by Samantha Fenwick on BBC Radio 5 Live’s Breakfast programme today. The interview starts at 49:13 into the programme. Click here to listen to the interview

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Care home finances: report by Care Management Matter magazine

Leading care sector magazine, Care Management Matters discusses the parlous finances of the UK care home sector, quoting Opus research and the comments of our Business Risk Adviser, Nick Hood. A new report today is highlighting the financial health of care homes. Produced by Opus Business Services for BBC Radio 4’s You and Yours programme, it includes research into the financial health of nearly

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Opus is quoted in Sunday Times on issues facing failed BHS owner Arcadia

Sunday Times reporter, Oliver Shah writes on the deal by which Sir Philip unloaded troubled retailer BHS to Retail Acquisitions for £1.  Our Business Risk Adviser, Nick Hood is quoted on the issues facing Sir Philip with his remaining retail brands: “Arcadia is like Hotel California for Philip Green. You can check out, but you can never leave”   Click

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