Children in Care

Summary

To ask the Secretary of State for Education, what information her Department holds on the average level of profit made by (a) private and (b) local authority-managed residential homes for looked-after children in the latest period for which data is availa

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Timeline

1. 29 July 2024

   Written question

   To ask the Secretary of State for Education, what information her Department holds on the average level of profit made by (a) private and (b) local authority-managed residential homes for looked-after children in the latest period for which data is availa

   Source: Commons

2. 3 September 2024

   Answer

   The department does not hold or collect data on the profit levels of children’s social care providers. However, the Competition and Markets Authority detailed in their 2022 report that the largest fifteen providers made, on average, 19.4% profit on foster...

   Source: Written answer

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• · Department for Education · Answering body

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