Health9/12/2025•The Guardian
Cost of place in children’s care homes in England hits almost £320,000 a year
The National Audit Office (NAO) report has revealed that the cost of a single place in a residential children's care home in England has nearly doubled in the past five years, reaching an average of £318,000 per year. The £3bn children's homes market is increasingly dominated by private firms, some of which are funded by private equity. The report states that this market is "dysfunctional" and often fails to provide good service for the children or value for money. The report highlights the issue of private firms profiting from the market failure, leading to a significant increase in the cost of care for these vulnerable children.
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