The Nuffield Trust said the Government's decision not to cover the costs of the rise in national insurance contributions was likely to have catastrophic consequences for the social care sector

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Swathes of social care market could collapse under £2.8bn cost pressures

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Private and non-profit social care providers could be faced with increased costs of around £2.8 billion in the next financial year, according to analysis which warns of businesses potentially going

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‘Swathes of social care market could collapse under £2.8bn cost pressures’ – Nuffield Trust

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Independent adult social care providers in England face a £2.8bn in extra costs in 2025-26 due to wage and tax rises announced in last month’s Budget, an analysis has found. The Nuffield Trust assessed that the almost 18,000 providers would face £940m in increased costs from the rise in employer national insurance contributions (NICs) plus …

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Social care providers face £2.8bn bill from wage and tax rises next year, analysis finds

Changes to the employer National Insurance Contributions is set to cost the adult social care sector more than £900m next year, according to analysis by the Nuffield Trust. The think tank has calculated that taken together with the planned increases to National Minimum Wage, also…The post Budget measures create £2.8bn social care cost pressure appeared first on Local Government Chronicle (LGC).

Local Government Chronicle (LGC)

Budget measures create £2.8bn social care cost pressure

England’s adult social care sector faces extra costs of £2.8bn next year due to changes announced in last month’s Budget, new research has revealed.

localgov.co.uk

Social care providers ‘at risk of collapse’ amid £2.8bn costs rise

Changes to Employer National Insurance Contributions announced last month look set to cost the adult social care sector over £900m next year, more than wiping out the extra funds allocated to social care at the recent Budget, new analysis reveals today. Taken together with the planned increases to National Minimum Wage rates, the Nuffield Trust says that the

Swathes of social care market could collapse under £2.8bn cost pressures

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