"We are pleased that this review draws on our earlier research and aims to consider many of our concerns around the ‘market’ for children’s social care provision and how this impacts on children."
Responding to the Competition and Markets Authority today announcing it will launch a study into children’s social care provision, Cllr Judith Blake, Chair of the LGA’s Children and Young People Board, said:
“As the impact of the pandemic becomes clear, we anticipate increasing numbers of children needing urgent help and it is vital we can give them the homes and support they deserve. Understanding how the current market affects this will help to make this happen. We are pleased that this review draws on our earlier research and aims to consider many of our concerns around the ‘market’ for children’s social care provision and how this impacts on children.
“We are particularly pleased the review will investigate high levels of profit making, which is particularly apparent in fast-growing groups backed by private equity or those on the stock market. Some of these groups also have considerable debt levels, which should also be looked at. We cannot risk a Southern Cross or Four Seasons situation in children’s social care.
“This review will be a valuable contribution to the independent review of children’s social care. The two must consider how to support councils and independent providers to deliver the homes our children in care need, how the current market is impacting on children’s experiences, and how we can make sure children get the support they need to thrive.”
Notes to Editors
Profit-making and Risk in Independent Children’s Social Care Placement Providers – December 2020 update – produced by Revolution Consulting