Wall Street Jedi
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Wall Street Jedi
No Result
View All Result
Home Stock

Britain vows – again – to reform social care, but no plan until 2028

by
January 3, 2025
in Stock
0
Britain vows – again – to reform social care, but no plan until 2028
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

LONDON (Reuters) – Britain’s latest plan to overhaul increasingly costly care for older and disabled adults will not be delivered until 2028 at the earliest, the government said on Friday, as it announced a three-year independent review to come up with proposals.

The Labour government, which took power in July, said in its manifesto it would create a “National Care Service” to meet the needs of vulnerable people and better integrate social care with the state-funded National Health Service.

Health and Social Care Secretary Wes Streeting said on Friday he had tasked Louise Casey, a former senior official who has led previous high profile reviews, to chair a commission to decide how social care should be organised and funded.

There have already been multiple policy papers, inquiries and reports into social care this century, but governments have failed to find a fix for the sector and to agree how it should be funded in the long term.

Former Prime Minister Theresa May set out a plan during the 2017 election campaign to make those who could afford it pay a greater share of the costs of care, but it was dubbed a “dementia tax” by opponents and she abandoned it after her poll lead halved. She lost her governing majority in the election.

The new commission, which opposition parties will be invited to join, will identify the critical issues by mid-2026 and make long-term recommendations by 2028, the government said.

Streeting said work had already started to stabilise the sector, which lawmakers said in September report faced chronic underfunding, severe staff shortages and rising waiting lists.

But with an ageing society and with costs of care set to double in the next 20 years, longer-term action was needed, he added.

“The independent commission will work to build a national consensus around a new National care Service to meet the needs of older and disabled people into the 21st century,” he said.

“We are appointing one of our country’s leading public service reformers, and Whitehall’s greatest do-er, to finally grasp the nettle on social care reform.”

This post appeared first on investing.com
Previous Post

BTIG continues to see downside risks for the S&P 500 for January

Next Post

AI hype, “US exceptionalism” seen boosting stocks in 2025 – Capital Economics

Next Post
AI hype, “US exceptionalism” seen boosting stocks in 2025 – Capital Economics

AI hype, “US exceptionalism” seen boosting stocks in 2025 – Capital Economics

  • Trending
  • Comments
  • Latest
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

October 28, 2024
Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

October 31, 2024
Israel stocks lower at close of trade; TA 35 down 0.23%

Israel stocks lower at close of trade; TA 35 down 0.23%

October 6, 2024
Lululemon sues Costco over selling alleged dupes

Lululemon sues Costco over selling alleged dupes

0
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

0
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

0
East and Gulf coast ports shut down as thousands of workers go on strike

East and Gulf coast ports shut down as thousands of workers go on strike

0
Lululemon sues Costco over selling alleged dupes

Lululemon sues Costco over selling alleged dupes

July 1, 2025
Clean energy stocks fall as Trump bill would tax components from China, phase out credits

Clean energy stocks fall as Trump bill would tax components from China, phase out credits

July 1, 2025
Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

July 1, 2025
Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

July 1, 2025

Recent News

Lululemon sues Costco over selling alleged dupes

Lululemon sues Costco over selling alleged dupes

July 1, 2025
Clean energy stocks fall as Trump bill would tax components from China, phase out credits

Clean energy stocks fall as Trump bill would tax components from China, phase out credits

July 1, 2025
Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

July 1, 2025
Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

July 1, 2025

Disclaimer: WallStreetJedi.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 wallstreetjedi.com | All Rights Reserved

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 wallstreetjedi.com | All Rights Reserved