Category: Finance

News

Dan Hewitt joins care sector broker Chandler & Co from Cynergy Bank

Hewitt was formerly commercial banking relationship director for Cynergy Bank.
2 weeks
Finance
News

Labour to pledge £12 minimum wage for care workers in today’s manifesto

The move would mean care workers across the country are paid at least £12 an ...
4 weeks
Finance
News

Home care provider considers AIM IPO

Home care provider Hales Group has announced it is considering an IPO on the AIM ...
1 month
Business
News

Renaissance Care to double revenue to over £100m by 2029, Robert Kilgour says

As the company marks 20 years in business, Kilgour said the care sector is 'in ...
1 month
Finance
News

HC-One cites rising costs in posting £63m loss

HC-One has cited rising inflation and pressure on publicly funded fees after posting a £63 ...
3 months
Finance
News

Anchor gains A+ credit rating with stable outlook

S&P Global Ratings has issued an A+ credit rating with a stable outlook for Anchor.
3 months
Finance
News

Cornerstone Healthcare secures Virgin Money care home funding

Cornerstone Healthcare has secured Virgin Money funding for a multi-million pound care home renovation.
4 months
Finance
News

Residents £6m better off thanks to Anchor financial service

Residents are over £6 million better off thanks to a financial inclusion service provided by ...
5 months
Finance
News

Target reports rental growth supported by tenant profitability

Target Healthcare, a real estate investment trust (REIT) which invests in modern, purpose‐built care homes, ...
5 months
Finance
News

Care home operators enter administration

Two care home operators in the South of England have entered administration.
6 months
Finance
News

Costs inflation hits Shaw healthcare profit

Employee-owned care home operator Shaw healthcare reported a drop in profit due to higher costs ...
6 months
Finance
News

Adlington Retirement Living secures investment

Adlington Retirement Living has secured £75 million from NatWest Group and Homes England to accelerate ...
7 months
Finance
News

Hallmark Luxury Care Homes announces refinancing

Care provider, Hallmark Luxury Care Homes, has announced it will undergo a refinancing process “to ...
8 months
Finance
News

Barchester enjoys post-Covid bounce in profits

Barchester Healthcare has reported an eightfold rise in pre-tax profit in 2022 as services returned ...
8 months
Finance
News

Hartford Care agrees new credit facility with NatWest

Care home provider Hartford Care has agreed a new credit facility with NatWest of £45 ...
10 months
Finance
News

Firms collaborate for new London IRC

Senior Living Investment Partners is investing in an integrated retirement community in Brent Cross Town ...
11 months
Assisted Living
News

Four Seasons withdraws one-third of freehold care homes from sale process

Four Seasons has withdrawn a sub-portfolio of care homes from a sale of 111 care ...
11 months
Finance
News

Government invests £600m to support care workforce

The government has unveiled a £600 million package to help with recruitment and retention in ...
12 months
Finance
News

Care England calls for Ofgem action on hidden energy costs

Care England has called on Ofgem to take immediate action to protect care homes from ...
12 months
Finance
News

Care homes pushed to the brink by mortgage rate rises

Rising mortgage rates are pushing more care homes towards the brink of closure, leaders have ...
12 months
Finance
News

Private equity healthcare ownership leads to higher costs and worse care, study finds

A global study has found private equity ownership of healthcare services, including hospitals and nursing ...
12 months
Finance
News

Care providers being ‘crippled’ by delayed invoice payments

Over one in five (22%) of home care providers and 6% of nursing/care home providers ...
1 year
Finance
News

Four Seasons sale of 111 freehold care homes expected to complete in late 2023

Four Seasons Health Care has said the sale of its core portfolio of 111 freehold ...
1 year
Finance
News

Impact Healthcare REIT adjusts debt

Impact Healthcare REIT has increased the size and extended the maturity of its revolving credit ...
1 year
Finance
News

Opus Restructuring appointed to manage closure of Scottish care homes

Opus Restructuring and Insolvency has been appointed to manage the closure of two Scottish care ...
1 year
Finance
News

Minster Care Group to manage turnaround of former Silverline homes

Minster Care Group has been appointed to manage the turnaround of seven care homes previously ...
1 year
Business
News

Welltower funds Healthcare Ireland’s ‘hugely ambitious’ UK expansion plan

Specialist US investment company Welltower is investing in the expansion of Northern Ireland’s largest privately ...
1 year
Business
News

HC-One cites ‘exceptional times’ in recording £6.1m operating loss

HC-One has cited “exceptional times” after recording a £6.1 million operating loss for the year ...
1 year
Finance
News

‘Significant market interest’ in Four Seasons sale

Four Seasons Health Care has reported “significant market interest” in its sale of 111 freehold ...
1 year
Finance
News

Rapport Housing and Care breaches governance and financial viability standard

Rapport Housing and Care has been issued with a regulatory notice for breaching the governance ...
1 year
Finance
News

New finance director at Athena Care Homes

Athena Care Homes, a family-run care home company based in East Anglia, has appointed Ben ...
1 year
Finance
News

Son ‘distressed’ by £4,000 after death care home charge

The son of a care home resident has said he suffered “additional distress” after being ...
1 year
Finance
News

Care home recruiter banned for seven years for abusing Covid support schemes

A care home recruiter has been banned for seven years after abusing Covid loan schemes ...
1 year
Finance
News

OakNorth Bank provides £6m loan to LV Care Group

OakNorth Bank has provided a £6 million loan to Jersey care home provider LV Care ...
1 year
Finance
News

RMBI Care £20m bond offer to fund care home investment

A £20 million bond offer for The Royal Masonic Benevolent Institution Company (RMBI Care Co) ...
1 year
Finance
News

Lovett Care acquires three care homes

Lovett Care has announced its acquisition of three care homes in the north of England.
1 year
Finance
News

Wolverhampton home wins funding to create retro space

A Wolverhampton care home received a much-needed cash boost from a convenience store following the ...
1 year
Finance
News

‘Irresponsibly low’ fees are forcing us out of business, say care providers

Care providers in North Wales say they are being forced out of business by “irresponsibly ...
1 year
Finance
News

BGF invests £3.4 million into BN Care

Investment company BGF has invested £3.4 million into care home group BN Care.
1 year
Finance
News

Local government finance settlement includes £2bn social care grant

This year’s £60 billion local government finance settlement for local services includes access to a ...
1 year
Finance
News

RCB issues RMBI care market bonds

RCB Bonds has launched the Royal Masonic Benevolent Institution Care Company 6.25% Sustainable Bonds due ...
1 year
Finance
News

Elevation raises £330m for real estate investment in elderly care properties

Elevation has announced it has raised £330 million for its elderly care property real estate ...
2 years
Finance
News

Civitas acquires CareTech specialist care properties in £200m deal

Leading social impact investor, Civitas Investment Management Limited, has announced its £200 million acquisition of ...
2 years
Finance
News

Four in five know little to nothing on paying for social care

New research by older people’s charity Independent Age reveals that almost four in five people ...
2 years
Finance
News

Care England to launch gas and electricity tender for care providers

Care England is launching the largest ever gas and electricity tender for care providers to ...
2 years
Associations
News

Council raises care home provider payments to meet inflation and wage costs

Neath Port Talbot Council in Wales is investing an additional £677,000 in care home provider ...
2 years
Finance
News

Care England partners with Hft to analyse challenges facing social care

National learning disability charity, Hft, and the largest representative body for independent adult social care ...
2 years
Finance
News

Wales announces £1.4m care home energy efficiency grant scheme

A £1.4 million grant scheme has been announced in Wales to help care homes improve ...
2 years
Business
News

Target Healthcare REIT reports 33% rise in portfolio value

Listed specialist investor in modern, purpose-built UK care homes, Target Healthcare REIT, has reported a ...
2 years
Finance
News

Barchester pays £11.4m in Covid-19 bonuses to frontline staff

Leading care home operator Barchester Healthcare paid £11.4 million in Covid-19 bonus payments to frontline ...
2 years
Finance
News

Care England to host energy webinar for care home providers

Care England, the leading representative body for small, medium and large providers in England, has ...
2 years
Finance
News

Belmont Healthcare announces £14m development deal

Belmont Healthcare has announced a £14 million investment deal with Impact Healthcare REIT. The deal ...
2 years
Finance
News

Scottish Care warns of ‘devastating’ energy bill impact on care homes

Donald Mackaskill, chief executive of Scottish Care Scottish Care chief executive, Donald Macaskill, has warned ...
2 years
Business
News

ACI Care Group secures refinancing from Cynergy Bank

ACI Care Group has received £7.35 million of new funding from Cynergy Bank.
2 years
Finance
News

HCML acquires healthcare rm

HCML, a provider of rehabilitation and care management services, has acquired healthcare rm, an employee ...
2 years
Finance
News

Lottie raises £6m from General Catalyst

Lottie, a comparison website for residential care and independent living, has raised £6.125 million from ...
2 years
Finance
News

Wood Care Group completes refinance deal

Buxton, Derbyshire-based independent brokerage, Montane Finance, has provided Wood Care Group with a seven-figure refinance ...
2 years
Finance
News

Renaissance Care sets out growth plans with multi-million-pound energy efficiency and sustainability investment

Scottish care home group, Renaissance Care, has announced plans to spend around £14 million on ...
2 years
Finance
News

Older people avoided social care service during the first and second wave of the pandemic

Covid-19 had a significant impact on older people approaching local authorities for social care support, ...
2 years
Finance
News

Call for outcome-based payment system

Call for outcome-based payment system
3 years
Finance
News

“Huge opportunity missed” – Johnson’s tax hike will mostly benefit the NHS, say care leaders

“Huge opportunity missed” – government’s tax hike will mostly benefit the NHS, say care leaders
3 years
Finance
News

Mixed response to proposed NI increase to cap care costs

Mixed response to proposed NI increase to cap care costs
3 years
Finance
News

Study shows care home market is in good shape

Care home market in good shape, says Christie & Co
3 years
Finance
News

Lenders supporting the care sector – challenging times but positive signs

Lenders supporting the care sector - challenging times but positive signs
3 years
Finance
News

Primary care investment returns fall as stock shortage bites

Primary care investment returns fall as stock shortage bites
3 years
Finance
News

MPs accuse governments of “decades of neglect” in social care

MPs accuse governments of “decades of neglect” in social care
3 years
Finance
News

VAT chance

We talk to Kieran Lynch managing director Jock Waugh about the impact of indirect taxation on ...
3 years
Finance
News

Huge rise in demand for social care advice

Huge rise in demand for social care advice
3 years
Finance
News

Anger at lack of social care reform

Anger at lack of social care reform progress
3 years
Finance
News

Call for an annual £7 billion increase in social care funding

Care leaders have called for an annual £7 billion increase in social care funding
3 years
Finance
News

Time is “now or never” for social care reform

Time is “now or never” for social care reform
3 years
Finance
News

Reviewing your Commercial Mortgage Options with Chandler & Co.

Reviewing your Commercial Mortgage Options
3 years
Finance
News

ICG backs Labour call for £10 an hour minimum wage

Care campaigners have backed calls for care staff to be paid a minimum of £10 ...
3 years
Finance
News

Very few people saving to fund their social care

New research shows that social care barely registers as a planning or funding priority when ...
3 years
Finance
News

Call for drastic overhaul of “fragile and exposed” UK care system

The government urgently needs to deliver on its manifesto commitment to fix the failing social ...
3 years
Finance
News

Care England collects F.O.I. data on fees

Care England collects F.O.I. data on fees
6 years
Associations
News

Union probe finds many are having trouble paying for their social care

Union probe finds many are having trouble paying for their social care
6 years
Associations
News

Care home quality dips in some areas

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6 years
Finance

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