Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Politics
Robert Booth Social affairs correspondent

Canadian owners of Signature care homes avoid UK taxes, researchers claim

Jersey
Many of Signature Senior Lifestyle’s care homes are owned through Jersey-based real estate investment trusts, tax researchers reported in 2021. Photograph: JD/Hermione Duncan/Newspix

Signature Senior Lifestyle may be Britain’s most expensive care home chain, say industry analysts. It operates 36 homes, mostly in the south-east of England around London, and is one of several UK private care chains bought in recent years by Revera Inc, a Canadian care company. Revera is, in turn, wholly owned by the pension fund for Canadian federal government workers, a C$230bn (£150bn) investment firm.

Signature promises “award-winning care, luxurious surroundings and top-quality dining and nutrition”. Indicative fees of £1,900 a week are quoted online for one of its homes, but these can increase if more nursing is needed. The chain is building more homes at a rate of three a year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.