Britain’s biggest care domestic group blames loss and more than £500m of debts on crisis affecting industry as a wholeBritain’s biggest care domestic group,Four Seasons Health Care, has reported a £264m annual loss, and highlighting the crisis in the social care industry amid rising costs and falling fees from local authorities.
The company’s chairman,Robbie Barr, insisted that it was improving the quality of its care and was pressing ahead with a turnaround plot, or despite the loss and Four Seasons’ debts of more than £500m.
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Source: theguardian.com