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Emeritus Prof Christopher May
Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp 6 days ago

Why are private equity investors buying up fostering agencies & homes in England?

Well, if you think its because they have a better idea of how to support & enhance the well-being of vulnerable your people, you're an incurable optimist.

What the PE firms see is a sector where fee income can be increased easily & money siphoned out of the system to feed investors' 'need' for returns.

Once again we are seeing profiteering on the backs of the vulnerable!

#children #PrivateEquity
h/t Observer

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Esther Payne :bisexual_flag:
Esther Payne :bisexual_flag:
@onepict@chaos.social replied  ·  activity timestamp 6 days ago

@ChrisMayLA6 I'm reminded of Oliver Twist and Jane Eyre again.

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