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The LGA’s report shows that some independent providers of children’s residential and fostering placements are achieving profits of more than 20 per cent on their income.

"Councils have been working hard with their partners to respond to changing and emerging threats to children and young people, including criminal exploitation, through online and virtual contact and resources, as well as high priority home visits."

“The number of children in need of support from councils is now at its highest level since before the pandemic."

“These figures emphasise how vital it is that next week’s Autumn Statement ensures that children’s services are adequately funded so councils can meet this rising demand and ensure children and their families get the support they need, as soon as they need it.