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The Guardian - UK
The Guardian - UK
National
Diane Taylor

Profits of Home Office asylum housing provider rise to £90m a year

Home Office Clearsprings Graham King Sunday Times the Home Office Serco
Napier Barracks
Napier Barracks in Kent, accommodation for asylum seekers run by Clearsprings. Photograph: Tolga Akmen/EPA

One of the Home Office’s leading providers of asylum accommodation has increased its profits by tens of millions of pounds, according to its latest published accounts.

Clearsprings Ready Homes is one of three Home Office contractors providing asylum accommodation. In the last three years it has made more than £180m net profit, with about £90m profit in the year ending January 2024, a jump from £60m the previous year.

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