Profits from Vulnerable Children's Care

Private companies dominate the children's care sector, with over 80% of children's homes owned by profit-making entities such as private equity firms and sovereign wealth funds. This arrangement raises serious concerns as these firms report substantial profits from providing care for vulnerable children, which can reach hundreds of millions of pounds annually. Local councils fund these homes through taxpayer money, contributing to a profit margin of over 20%, meaning that a significant portion of the funds intended for child care ends up as profits for investors. This alarming trend has sparked outrage among the public, particularly regarding the ethical implications of profiting from the care of children in need.