Six of the 10 largest independent groups of providers of children’s residential and fostering placements had more debts and liabilities than tangible assets last year raising concerns about their viability, research published by the Local Government Association reveals today.
The LGA, which represents councils across England and Wales, is concerned this is placing the stability of placements for children in care at risk, particularly as the private children’s social care providers offering the most homes for children increasingly operate using a private equity model which relies on large
New figures show that the number of children in care has risen by 28 per cent in the past decade with the system reaching breaking point, the Local Government Association reveals today.
The LGA is warning that this huge increase in demand is combining with funding shortages to put immense pressure on the ability of councils to support vulnerable children and young people, and provide the early help that can stop children and families reaching crisis point in the first place. The figures show that 78,150 children are now in care, up from 75,370 in 2018.
The Government’s manifesto
Protecting children and helping them to get the very best in life is one of the most important things that councils do and it is positive that the proportion of children’s services departments rated good or outstanding has increased