• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

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

by January 3, 2025
written by January 3, 2025

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
0 comment
0
FacebookTwitterPinterestEmail

previous post
Turkey inflation drop hints at further rate cut to 45.0%- economist
next post
Jefferies sees mounting risks for US stock market in 2025

You may also like

China central bank conducts 1.7 trln yuan of...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

ECB president fears loss of central bank independence

January 27, 2025

European tech shares tumble as China’s AI push...

January 27, 2025

Futures slip as investors eye China’s latest AI...

January 27, 2025

Markets may be repeating the mistake of 2019,...

January 27, 2025

How billionaire Caltagirone could influence Italy’s banking M&A...

January 27, 2025

How Italy’s MPS went from near collapse to...

January 27, 2025

Analysis-To weather Trump, emerging market investors look to...

January 27, 2025

Chinese AI startup DeepSeek overtakes ChatGPT on Apple...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Netflix says its ad tier now has 94 million monthly active users

      May 15, 2025
    • Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

      May 15, 2025
    • YouTube will stream NFL Week 1 game in Brazil for free

      May 15, 2025
    • 5 new Uber features you should know — including a way to avoid surge pricing

      May 15, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (463)
    • Stock (6,426)

    Latest News

    • Netflix says its ad tier now has 94 million monthly active users
    • Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

    Popular News

    • Apple fights $1.8 billion App Store lawsuit in first of UK class actions against tech giants
    • Australian interest rate changes since 1990

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy