Children's care homes not delivering value for money' despite soaring costs
Briefly

Children's care homes not delivering value for money' despite soaring costs
"From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground."
"Children's residential care home costs in England have soared to almost double what they were four years ago. The National Audit Office (NAO), said local authority spending on children in residential care rose from 1.6 billion in the year ending March 2020 to 3.1 billion in the year ending March 2024. The public spending watchdog has branded it a market failure. Residential care settings include children's homes and so-called supported accommodation which can be used to house older children."
The Independent emphasizes on-the-ground reporting across topics including reproductive rights, climate change, and Big Tech and seeks donations to fund journalists while keeping reporting free of paywalls. Local authority spending on children's residential care in England rose from £1.6 billion in the year ending March 2020 to £3.1 billion in the year ending March 2024. The National Audit Office has labelled the situation a market failure. Residential care settings include children's homes and supported accommodation for older children. Most settings are run by private companies, and seven of the top ten providers are owned or part-funded by private equity, creating complex ownership arrangements that complicate financial transparency.
Read at www.independent.co.uk
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