Ending extraction in the UK care system

Care is costly in the UK, with 70 per cent of local authority budgets spent on funding care services. Yet our analysis shows that in just three UK regions, private care providers extracted more than £250 million in profit over three years. Over a third of these companies are owned by private equity firms, organisations registered in tax havens, or entities that fall into both those brackets.

Some of the most vulnerable people in our society are being let down by systems of care that do not work in the public interest, but it doesn’t have to be this way. This report outlines how our care system facilitates the extraction of value and wealth from places and local public service budgets, and explores what our communities, local and strategic authorities, and national governments can do about it.