In 1993 only 5% of publicly-funded social care given to people in - TopicsExpress

In 1993 only 5% of publicly-funded social care given to people in their own homes was provided by the private sector. Today that has grown to 89%, as local authorities seek to cut costs. Care UK reports in its latest accounts that public funds accounted for 88% of the companys revenues in the year ending September 2013. Yet it also admits to using tax-efficient financial structures involving the Channel Islands. Its sister company, Silver Sea, is domiciled in low-tax Luxembourg. Care UK has not paid a penny in corporation tax since it was bought by the private equity firm Bridgepoint Capital in 2010. No comment from me - because I would be held responsible for my actions, and I cant afford to be taken to the cleaners by Care UK. Tempting prospect though that may be for me. .theguardian/society/2014/aug/09/former-nhs-carers-intensify-strike-over-pay?guni=Keyword:news-grid main-1 Main trailblock:Editable trailblock - news:Position2

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