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The Guardian - UK
The Guardian - UK
Politics
Carmen Aguilar García, Zeke Hunter-Green and Michael Savage

Profiteering fears as global investment firms increase stakes in England’s child social care

Residential service provider Cambian Group was recently sold to a consortium that owns more than 200 children’s care homes.
Residential service provider Cambian Group was recently sold to a consortium that owns more than 200 children’s care homes. Photograph: No Credit

Serious concerns have been raised over the growing influence of private equity in the provision of children’s care homes, after an Observer investigation revealed that the number of homes backed by investment companies has more than doubled over five years.

The news comes with children’s social care directors, council leaders and campaigners for those in care accusing some businesses of profiteering from their involvement in children’s social care.

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