Business · 2 hours ago

Private equity firms now own 11 of England's 20 largest children's care providers

More taxpayer money meant for vulnerable children is ending up in investors' pockets, campaigners say. Independent fostering agencies paid over £200m to shareholders since 2020 via high-interest loans, a thinktank found. The Competition and Markets Authority previously noted private providers charged higher prices while making bigger profits.

By BriefTea Editorial · 3 September 2026 at 5:32

Reported by The Guardian · How we write briefs