Mastodawn

Why are private equity investors buying up fostering agencies & homes in England?

Well, if you think its because they have a better idea of how to support & enhance the well-being of vulnerable your people, you're an incurable optimist.

What the PE firms see is a sector where fee income can be increased easily & money siphoned out of the system to feed investors' 'need' for returns.

Once again we are seeing profiteering on the backs of the vulnerable!

#children #PrivateEquity
h/t Observer

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Angua

@ChrisMayLA6

I think the better question is: How & Why is anyone surprised this is happening?

There are answers, sadly they cost money that government can't afford, less than the private sector charges anyway.

See also "Adult Social Care" and what REALLY happens if you dare challenge the bastards.