Rejected petition Care homes - Limit profit margins, as well as building more affordable ones

All care home profit margins need to be limited and standards improved through regulation and tax incentives. The availability of affordable decent care homes needs to be increased through tax incentives.

More details

According to the Caring Times website, the average profit margins for care homes are around 30%, unyet the average profit for service firms is around 15%. The average cost of a care home in the UK is more than £41,600 per year. If you do a web search for "affordable care homes" you get nothing. The majority of people in this country could not afford even the cheapest private care home in their area.

This petition was rejected

Why was this petition rejected?

It’s not clear what the petition is asking the UK Government or Parliament to do.

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Date submitted 20 December 2024
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