Laing & Buisson Market Report review- Sector growth resumes, with imminent turbulence
By SUHAIL MIRZA
Social care for elderly people is in the news and has become a headline-grabbing topic during the recent party political conference season. Prime Minister Gordon Brown announced ‘free personal care’ for those with ‘the highest needs’ in their own homes. A few days late, Opposition Leader David Cameron, as part of a barnstorming speech to the Conservative Party faithful, offered ‘free residential care for the elderly’ provided they paid £8000 toward an insurance scheme when they reached 65.
The battle for the so called ‘grey vote’ is alive and well. Unsurprisingly little specific detail was provided by either party about how these promises would be implemented.
It comes as a boon therefore for those interested in the sector that Laing & Buisson released its ‘Care for the Elderly Market Report 2009’ in September. Those with a stake in the sector, be it politician, provider or potential investor, should welcome this report with its objective and rational appraisal of this important m