‘Profiteering off children’: care firms in England accused of squeezing cash from councils

A local authority leader claims private equity groups are exploiting vulnerable youngsters in care homes in the pursuit of profit

Care companies are insisting on unnecessary and expensive support packages for vulnerable children to boost their profits, a council leader has claimed.

Barry Lewis, the Tory leader of Derbyshire county council, said that former family-run businesses acquired by private equity groups were trying to get as much cash as possible" out of local authorities.