UK Government Proposes Measures to Limit Profits in Children’s Homes
The UK government is set to announce new regulations aimed at curbing excessive profits made by children’s home providers in England. Plans include mandatory financial disclosures for large providers and potential legal limits on profits if voluntary measures fail. Education Secretary Bridget Phillipson highlighted failures in the care system, emphasizing the need for reforms to protect vulnerable children. The measures target exploitative practices and aim to strengthen oversight by the regulator Ofsted. Additional reforms will enhance family involvement and support for care leavers.