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....“This suggests that the chancellor should have room for some easing of austerity in his budget in November. This could involve extra money for priorities such as the NHS, social care, housing and infrastructure investment as well as some further relaxation of the public sector pay cap,” he said. ... [Read full article on Guardian ]
Thursday 21st of September 2017 10:40:03 AM
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Latest Finance News related to Social Care

UK budget deficit narrows as shoppers boost VAT receipts image
Source : Guardian [Read Article] Thursday 21st of September 2017 10:40:03 AM
....“This suggests that the chancellor should have room for some easing of austerity in his budget in November. This could involve extra money for priorities such as the NHS, social care, housing and infrastructure investment as well as some further relaxation of the public sector pay cap,” he said. ...
Councils need 12,000 more women to close gender gap image
Source : Guardian [Read Article] Saturday 19th of August 2017 11:05:27 PM
....The report states: “Many local government policy areas have a much greater impact on women than on men. For example, local government has oversight of childcare provision as well as responsibility for delivering and funding social care. ...
Inheritance tax: Shock poll reveals pensioners' DESPAIR at not leaving more to children  image
....And around half of over 65s are saddened they won't be able to leave their loved ones an inheritance that will offer more security, found a report by Remember A Charity. While many believe the value of their estate is likely to be eaten up by the Government's social care policy. ...
Half of landlords in one London borough fail to declare rental income image
Source : Guardian [Read Article] Sunday 13th of August 2017 01:04:01 PM
.... Neighbouring borough Redbridge has already had its application for landlord licensing rejected. Wales told the chancellor in his letter: “Our core grant funding has halved since 2010-11, that’s less money for our schools, less money for social care, and less money for housing. ...
The growing gulf in life expectancy shows how austerity has deepened inequalities image
....Last month Professor Sir Michael Marmot, who undertook a major review of health inequalities for Gordon Brown when he was the prime minister, identified that a century-long increase in life expectancy had plateaued since 2010. Asked why, Marmot – the doyen of British experts in health inequalities – pointed to the “miserly” funding of the NHS and social care since 2010. ...
L&G profits rise as UK population dies earlier than expected image
Source : Guardian [Read Article] Wednesday 9th of August 2017 02:09:08 PM
....A spokesman said: “Life expectancy continues to increase, with cancer survival rates at a record high while smoking rates are at an all-time low. We continue to invest to ensure our ageing population is well cared for, with £6bn extra going into the NHS [in England] over the last two years and an additional £2bn for the social care system. ...
Snatching money from care workers marks a new low for the Tories | Polly Toynbee image
.... All the money is to come from the pockets of care workers, the lowest-paid minimum wage earners. “Government announces measures to temporarily suspend minimum wage enforcement activity for social care sleep-in shift pay,” said the press release. ...
Why not fund the welfare state with a 100% inheritance tax? | Abi Wilkinson image
....Like most of the British public, I disliked the Conservatives’ “dementia tax” proposal during the election campaign. When you make someone’s access to social care dependent on giving up the money they intend to pass on to descendants, you risk encouraging them to struggle on without seeking the help they need. ...
Your state pension in Dorset: £124,000. In Glasgow? £38,000 | Patrick Collinson image
.... And you can bet your NI payments that when it comes to their retirement that triple lock will be long gone. The government, under cover of the Cridland report, is also raising the state pension age at the very moment other reports suggest increases in longevity have stalled due to miserly health and social care spending. ...
Budget deficit leaps as Brexit-fuelled inflation troubles Hammond image
Source : Guardian [Read Article] Friday 21st of July 2017 11:29:19 AM
.... “Looking beyond the current financial year, we would expect the decline in the budget deficit to resume if current tax and spending plans are maintained. This should give the chancellor some room for manoeuvre in his autumn budget to ease up on austerity in priority areas like health, social care, policing and housing investment,” he said. ...
Now we find out the real cost of austerity – our lives cut short | Owen Jones image
....Marmot does not make the claim that cuts are responsible. What he does say is that, in 2010, ministers made a “political decision” to cut spending; and he highlights the “miserly” recent spending on health and social care. ...
May says she will help gig economy workers but fails to pledge new laws image
....Torsten Bell, director of the Resolution Foundation thinktank, had a more positive response to some elements of the report, saying its ideas for a new minimum wage for overtime could have more far reaching benefits. “While much of the focus has been on relatively small shifts on the gig economy, the review’s most radical proposal would actually have far more impact in traditional sectors such as retail and social care,” Bells said. ...
Brexit fears trigger exodus of crucial EU health and social care workforce | Hélène Mulholland image
. Hospital wards, nursing homes and other adult care services are losing vital staff as a result of Brexit, according to unions, NHS and social care providers. ...
Extra £1bn for Northern Ireland will barely dent public finances image
Source : Guardian [Read Article] Tuesday 27th of June 2017 05:04:26 PM
....Emmerson said the main threat to the public finances, apart from a Brexit-induced economic slowdown, comes from the demands for extra spending on health and education and other big Whitehall budgets. The government has already pumped more money into prisons and social care after cuts were considered to have gone too far. ...
‘Think about becoming a personal trainer’ – our work expert responds image
....Jeremy says. As I’m sure you understand, those in the social care sector are not being thoughtlessly obstructive in rejecting your applications. ...
UK budget deficit to increase this year amid living standards squeeze image
Source : Guardian [Read Article] Wednesday 21st of June 2017 10:49:47 AM
....The government’s spending deficit is on course to worsen this year as official figures show the economic slowdown is beginning to take a toll on the UK’s public finances. As ministers struggle with demands for higher spending on health, police and social care, the Office for National Statistics (ONS) said public borrowing was narrowly lower in May than the same month last year. ...
How can I get more senior roles in social care? image
Source : Guardian [Read Article] Friday 16th of June 2017 06:00:01 AM
....So I retrained as a support officer and have done diploma courses in psychology and mental health, but I have found it difficult to get into management roles in this field too – every application has been turned down. Is there something I need to do to get into more challenging roles in the social care sector? I feel too old to take on too much pressure and stress, but I can manage a team of support workers and deliver excellent service. ...
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While Corbyn inspired the young, May was terrifying the old image
Source : Guardian [Read Article] Sunday 11th of June 2017 06:00:47 AM
.... But the young must stay vigilant: another lesson of the campaign was that there are vast numbers of older voters who still demand that the government fund their retirements with universal benefits. It was a disaster for May when the Tory manifesto threatened a tax on social care that became the “dementia tax” and a vague commitment to means-test the winter fuel allowance. ...
Dementia tax: Tory-DUP coalition could take care cost reforms off agenda, says ex minister image
.... . He said: "Reforming the funding of social care will almost certainly be kicked into the long grass as will any big shake up of pension tax relief. ...
Election 2017: Hung parliament WORST possible outcome for pensions, say experts image
...."We will now have a period of limbo while a new Government is formed and we may well be heading back to the polls later this year. “It means that key decisions around the state retirement age, the state pension triple lock, social care funding and pension tax relief are all going to take a back seat while the wheels of Westminster slowly turn. ...
How will the General Election affect your money? Pensions, savings and tax compared  image
.... At the moment, the winter fuel payment is universal, which Labour plans to maintain. Dementia Tax The Tory are planning reforms to social care - which have been dubbed the 'dementia tax'. ...
The Guardian view on the economy: invest for growth | Editorial image
Source : Guardian [Read Article] Tuesday 6th of June 2017 07:08:11 PM
.... Increases in personal taxes or VAT, which she has refused to rule out, would fall on the same group. Mrs May’s only stab at addressing the intergenerational divide was a tax on those who need social care. ...
Job opportunities should not wither as we age | Katie Allen image
Source : Guardian [Read Article] Sunday 4th of June 2017 01:06:00 PM
....This rising longevity has come under the spotlight during the election campaign in a way the Conservatives would rather forget. No sooner had Theresa May raised the idea of people paying more for the costs of social care – branded a “dementia tax” – than she performed a U-turn. ...
Shrinking tax base suggests personal allowance is generous enough image
Source : Guardian [Read Article] Thursday 1st of June 2017 07:03:03 PM
.... This would be an even bigger event, except that the union is only urging its members to vote next week for Labour in the general election to benefit from Jeremy Corbyn’s pledge to break the cap. Unison, the biggest public sector union, cannot name a single pay dispute across the NHS, the social care sector or local government. ...
Older age image
Source : BBC [Read Article] Thursday 1st of June 2017 02:31:40 AM
.... . Among the rarely, if ever, discussed issues facing older people, listed below, are the £3bn+ of unclaimed benefits and the anachronous division between social care and health care. ...
This election ignores the most pressing issue: our economic outlook is disastrous | Laura Gardiner image
....But, as with the deficit, there are big differences between each party’s approach to intergenerational equity. The Conservatives want to reduce pensioner benefits slightly and harness older people’s estates, rather than working people’s taxes, to fund their social care plans. ...
FTSE reaches record high as UK opinion poll spooks sterling image
Source : Guardian [Read Article] Friday 26th of May 2017 06:37:09 PM
....”. YouGov said May’s personal rating improved from -8 on Monday, the night of her U-turn on the controversial social care “dementia tax” proposal, to +1 in the following days, while Labour leader Jeremy Corbyn’s personal rating slipped from -11 – his best position in the campaign – to -16. ...
IFS to voters: you have a choice between the 'undeliverable' or 'unworkable' image
.... But it notes that the scrapping of the triple lock on the state pension and the means-testing of the winter fuel allowance would make a trivial difference to spending. As for social care, the IFS’s deputy director, Carl Emmerson, said that they seemed to be in “a state of flux” following this week’s U-turn on capping costs. ...
Election 2017: State pension triple lock battle lines drawn image
Source : BBC [Read Article] Thursday 18th of May 2017 02:32:16 PM
....Richard Parkin head of pensions policy at Fidelity International, said that Theresa May was using "a strong lead in the opinion polls to kill some of the sacred cows of Tory policy for the elderly". Darren Redmayne, chief executive of Lincoln Pensions, said it was a brave decision to water down the policy alongside changes to social care contributions and winter fuel payment cuts. ...
May's manifesto is birth of third way Conservatism image
Source : Guardian [Read Article] Thursday 18th of May 2017 01:15:48 PM
.... Labour feels the need to show that its sums add up: the Conservatives believe that voters will take what they say on trust. Secondly, the decision to drop the triple tax pledge, ditch the triple lock on pensions and to make the elderly pay more towards social care speaks volumes. ...
Conservative manifesto: Theresa May targets mainstream Britain' image
Source : BBC [Read Article] Wednesday 17th of May 2017 09:26:25 PM
....Launching the Conservative manifesto, Mrs May said a strong economy and delivering Brexit were top priorities. The manifesto drops the 2015 pledge not to raise income tax or National Insurance and has big changes to social care funding in England. ...
Labour has big spending ideas, but no plan to earn our trust | Phillip Inman image
....This is not to say that the private sphere of cars and broadband connections are irrelevant when considering the future of the economy. It’s just that the public sphere of hospitals, social care, further education, youth services, hostels for the homeless and libraries matters too, but is a second- or third-rank consideration. ...
General election 2017: Lib Dems pledge winter fuel cuts to protect pensions image
....Under the proposals, an estimated 600,000 pensioners with annual incomes above about £45,000 - 5% of those under 80 and 2% of over-80s - would lose the winter fuel payment, saving the Treasury around £105m. Earlier, the Liberal Democrats pledged to raise an additional £6bn a year to improve the health and social care system with a penny-in-the-pound rise on all income tax bands and on dividends. ...
Record number of UK care homes declared insolvent image
Source : Guardian [Read Article] Friday 5th of May 2017 06:25:50 AM
. A record number of care home businesses failed last year as the financial pressure on social care in Britain took its toll. ...
General election: May paves way for end to pledges on NI and income tax image
.... The Conservatives are also considering tax breaks to help people fund care for elderly relatives. They could also save billions by weakening the triple lock on pensions, which protects the rate of increase, to a double lock, and reinvesting the money into long-term spending on social care. ...
General election 2017: May says Tories would not raise VAT image
Source : BBC [Read Article] Sunday 30th of April 2017 09:26:03 AM
....For Labour, it's about where the tax burden falls - Jeremy Corbyn claims the rich and businesses must pay more, while he's promising to protect low and middle income earners from any increases. But extra funding is needed for schools, hospitals and social care - so whoever wins the election, the money will need to be found from somewhere. ...
Poorest face ‘double whammy’ if Tories ditch triple lock on pensions image
.... Ending the triple lock would come on top of this cut. Theresa May is understood to be considering replacing the “triple lock” with a less generous “double lock”, and spending some of the money saved on social care. ...
Triple-lock: Call for pensions policy to be revamped image
Source : BBC [Read Article] Sunday 30th of April 2017 02:11:29 AM
...."This is the first time that someone has said anything other than scrap it or keep it," Mr Webb told the BBC. He said the triple lock had delivered "big improvements" to pensioner incomes since 2010, but political parties would be concerned about the long-term cost implications of the policy "on top of increased spending on health and social care associated with an ageing population". ...
Bankruptcy risk as ‘desperate’ councils play the property market image
Source : Guardian [Read Article] Saturday 29th of April 2017 10:10:17 PM
.... It is estimated that, by 2020, England’s councils will face a near £6bn funding gap between what they need to spend and what they receive. Most of this shortfall is due to rising costs linked to social care. ...
Pensions triple lock: what you need to know image
Source : Guardian [Read Article] Thursday 27th of April 2017 01:39:07 PM
. Theresa May is considering replacing the “triple lock”, which guarantees a minimum increase in the state pension each year, with a less generous “double lock” commitment in the Conservative party’s general election manifesto, and spending some of the money saved on social care. ...
Theresa May weighing up cheaper 'double lock' for pensions image
Source : Guardian [Read Article] Wednesday 26th of April 2017 09:00:47 PM
. Theresa May is seriously considering replacing the “triple lock”, which guarantees a minimum increase in the state pension each year, with a less generous “double lock”, and spending some of the money saved on social care. ...
A hasty election before Britain sees the hard truth of Brexit image
Source : Guardian [Read Article] Sunday 23rd of April 2017 05:59:05 AM
.... If she ploughs on, she could end up by 2020 as the most unpopular prime minister since records began – a feat once achieved by Margaret Thatcher, until she was saved by the Falklands war. At a time when this country has a surfeit of economic problems – for example, the pressure on the health service and social care, the savage cuts to the budgets of state schools, and the rise in crime associated pretty obviously with cuts to the police force – the last thing we need is Brexit on top of a misconceived austerity programme. ...
Care home fees image
Source : BBC [Read Article] Saturday 15th of April 2017 12:03:01 AM
. Care from the NHS is free, but if you need social care because you're physically or mentally frail, you have to pay for it yourself. ...
Zero-hours contracts: firms could be forced to pay more for short notice image
....“We’ve been hearing . about people in the social care sector who are told, ‘Be ready to leave the house at seven in the morning’, then a phone call [comes to say] ‘No we haven’t any work for you today’,” he said. ...
The lost generation: ‘I’m 30-something and still depressed and broke’ image
....Then there’s austerity: a manifestation of that delusion successful people have that they made it without anyone’s help. Politicians may have yapped about Olympic legacy, but the real legacy for future generations is closed libraries, neglected parks, sports centres under threat, urban green spaces built on, playground equipment no longer replaced (sorry kids), pools privatised, social care slashed, schools and hospitals squeezed, and rich people continuing to milk us for profit via the private finance initiative. ...
Cash in the pocket image
Source : BBC [Read Article] Friday 31st of March 2017 09:16:50 PM
.... From 1 April the rise will average 4%, equating to £61 for a typical Band D property. The rise will be smaller in district councils, which do not have responsibility for social care, and up to 4. ...
Council tax bills to rise in nine out of 10 English local authorities image
Source : Guardian [Read Article] Sunday 26th of March 2017 11:01:43 PM
....Households across the country are facing inflation-busting council tax hikes with nine out of 10 local authorities in England expected to increase rates from April. Residents in some areas will see their bills go up by as much as 5%, with councils taking full advantage of new powers to top up their charges with fees ringfenced for social care. ...
Millions of UK workers at risk of being replaced by robots, study says image
....”. Education and health and social care were the two sectors seen as least threatened by robots because of the high proportion of tasks seen as hard to automate. ...
Residential care costs 'can soak up over 50% of property values' image
Source : Guardian [Read Article] Monday 20th of March 2017 07:01:30 AM
....The cost of an average stay in a residential care home can swallow up more than half the value of an individual’s house in some parts of the country, according to new research. The findings, which show that the typical person entering residential care will face a total bill of £50,000-£93,000 depending on where they live, will fuel the debate about social care funding. ...
A ‘jobs miracle’ that leaves millions worse off | Observer editorial image
.... Yet since fees were introduced in 2013, the cost of doing this is prohibitive for many low-paid workers, denying them access to justice. There has been far too little proactive enforcement of minimum wage legislation in social care, retail, logistics and low-value manufacturing, where there are large numbers employed on rates below the minimum wage. ...
Downplaying Brexit to overseas investors won't help UK housing crisis | Dawn Foster image
.... It’s difficult to blame EU nationals inclined to leave: the atmosphere post-referendum has been virulently xenophobic, with those people demanding the deportation of millions of migrants never considering the effect such an exodus will have. It is broadly accepted that without migrant workers, the NHS will collapse; the social care system too; but without the expertise many Europeans bring, we simply can’t build enough homes to live in either. ...
Good riddance to the unfair NIC tax rise. Now what about that £2bn black hole? | John McDonnell image
.... But clarity is needed before then. The additional money was intended to pay for additional social care funding. ...
U-turn over Budget plan to increase National Insurance image
Source : BBC [Read Article] Wednesday 15th of March 2017 12:30:48 PM
....Its reversal, with no prospect of any replacement direct tax increases this Parliament, makes the government pledge to "balance the books" even more difficult to honour. And that makes the Autumn Budget a trickier prospect - it was heavily briefed last week that the National Insurance rise was to pay for spending commitments on social care and business rate support. ...
Bogus self-employment exploits workers and scams the taxman | Paul Mason image
....So to avoid rising inequity, where fewer and fewer PAYE workers and legitimate companies are paying more and more of the tax, we need a rethink. That must start with a serious crackdown in the exploiting sectors: construction, transport, private social care – on the understanding that it will hike labour costs and make some current business models impossible. ...
Labour must learn to win if it wants to shape the UK's economic future image
....Fifth, years of austerity and economic under-performance are now taking a toll on public services. Prisons are a volcano waiting to erupt, funding per pupil in schools is being cut, the NHS and social care are facing funding crises, and the police say repeated budget cuts mean crime will start rising. ...
Care homes say extra £2bn from budget must go to frontline services image
Source : Guardian [Read Article] Friday 10th of March 2017 07:38:27 AM
. The care home industry has called on the government to ensure that £2bn of funding earmarked for social care makes its way to frontline services rather than getting stuck within local authorities. ...
May defends 'fair' National Insurance rise amid criticism image
Source : BBC [Read Article] Thursday 9th of March 2017 08:28:31 PM
....At a press conference following the EU summit the prime minister rejected suggestions the policy had broken a manifesto commitment, arguing the legislation brought in to "honour" that pledge related only to "class one" NI contributions, covering 85% of workers. "We did make some difficult decisions in the Budget yesterday," she said, adding that those decisions had allowed them to fund technical education, to open more than 100 new free schools, as well as meeting social care demands and investing in the long-term productivity of the economy. ...
Hammond went where Osborne feared to tread with tax on self-employed image
Source : Guardian [Read Article] Thursday 9th of March 2017 04:41:03 PM
....He didn’t try to hide the tax rise, making a straightforward argument about fairness. And some of the MPs who have complained about it are the same ones who were crying out for extra funding for the creaking social care system, which had to come from somewhere. ...
'This is grossly unfair': self-employed readers react to NICs increase image
Source : Guardian [Read Article] Thursday 9th of March 2017 02:21:03 PM
.... It is difficult to plan ahead or save money and we take risks. I don’t think that self-employment is good for society, it just temporarily postpones the problem with pensions and social care by almost getting people out of the system. ...
Budget tax rise image
Source : BBC [Read Article] Thursday 9th of March 2017 01:40:23 PM
No pay rise for 15 years, IFS warns UK workers image
Source : Guardian [Read Article] Thursday 9th of March 2017 08:57:23 AM
....5%. Tony Travers, a local government expert at the London School of Economics, said councils were shouldering the burden of austerity and would soon be confined to providing only statutory services such as adult and children’s social care. ...
Hammond was a picture of relaxed swagger – because he was in the ring alone image
.... And if the government has repeatedly delayed the day when the country will go into surplus – despite those 2010 promises to reach that Eden by the end of the last parliament – who exactly is going to punish them for it? Hammond looked at the benches opposite and saw no pressure to defend himself for extending austerity for an eighth or ninth or 10th year. The same went for social care, as the chancellor announced a mere sticking plaster of £2bn for three years and had similarly little to say about the National Health Service. ...
Philip Hammond's budget is a long way from tackling future challenges | Larry Elliot image
....Instead, Hammond cantered through measures that had been well aired in recent days. There was extra money for schools and vocational education; some help for companies adversely affected by the new business rates regime; £2bn over the next three years for social care; and a shake-up of national insurance contributions that will result in higher tax for the self-employed. ...
Budget 2017: NHS, families, cars - your questions answered image
Source : BBC [Read Article] Wednesday 8th of March 2017 05:14:18 PM
....Katharine Rosentiel asks: "Will there be more money for the NHS?". The chancellor tried to address the widespread concerns about the squeeze on social care for the elderly, which is provided by local authorities, and the current pressure on the NHS. ...
Philip Hammond breaks manifesto pledge with budget tax grab image
Source : Guardian [Read Article] Wednesday 8th of March 2017 04:05:32 PM
....An increase in class four national insurance rates for the self-employed, to narrow the gap with salaried employees, who tend to be taxed more heavily, was one of the most conspicuous measures in a cautious budget that also saw the chancellor upgrade his economic forecasts. In what will be the final spring budget – there is another due in the autumn – Hammond caved in to pressure from his own backbenches over the strains on social care, and pledged to set aside £2bn over the next three years to help councils cope. ...
Philip Hammond keeps his powder dry with a 'boring' budget | Larry Elliott image
.... It was quite an achievement to string his speech out for almost an hour because there was precious little in it that hadn’t been pre-announced. Most of the time, Hammond rehashed spending commitments and tax changes from previous budgets and autumn statements or said the government would be taking a close look at pressing issues such as the future of social care. ...
Philip Hammond’s budget – our writers give their views | Polly Toynbee, Zoe Williams, Frances Ryan, Faiza Shaheen and Kate Maltby image
....The chancellor doesn’t look like a gambler – but giving nothing at all to the NHS is a high-stakes risk. His £2bn over three years for social care is too little to feed through to any easing of the A&E and hospital bed crisis: the parched community service for adults and children will drain it dry, with no new care home beds created. ...
Key points of the budget 2017 – at a glance image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:41:30 PM
.... The sums involved are sizeable, but hardly a gamechanger to quell the clamour for a second independence referendum among SNP supporters. RM: This is a fairly dramatic climbdown for Hammond, who was severely criticised after the autumn statement for barely mentioning the NHS or social care crisis. ...
Government abdicating responsibility for social care, say providers image
Source : Guardian [Read Article] Tuesday 7th of March 2017 07:00:36 AM
. The head of the organisation that represents adult care providers in England has accused the government of abdicating responsibility for social care and claimed that ageism is affecting treatment of the elderly. ...
Hammond urged to tackle 'catastrophic' effect of rising inflation image
Source : Guardian [Read Article] Monday 6th of March 2017 01:13:37 PM
....Bell said Hammond could consider Wednesday’s budget “a walk in the park” because forecasts on borrowing would be “less grim than the truly awful ones set out a little over three months ago”. He pointed out that the chancellor would be able to find money to ease social care pressures and soften the blow on business rates for some firms. ...

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