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Investors Chronicle warns Britain’s care homes are under threat

Investors Chronicle warns Britain’s care homes are under threat

Investors Chronicle warns Britain’s care homes are under threat

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 they make in profits.”

 

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