Care homes across Britain face financial meltdown after George Osborne failed to fill a black hole in their funding, industry bosses have warned.

The chancellor revealed a string of measures in the autumn statement designed to support the finances of the social care sector, which is under growing pressure from a squeeze in the fees councils pay towards residents and a rise in costs for care home operators.

However, key figures claimed Osborne had not gone far enough and care homes could now start to close. They said the chancellor was “short of money and ideas” and criticised the autumn statement as a “missed opportunity”.

Source: George Osborne’s lack of ideas means care homes face meltdown, warn industry chiefs | Society | The Guardian

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