Labour to nationalise ‘failed care homes’

The Labour leader, Jeremy Corbyn has said failed care homes could be taken into public ownership under a future Labour government.

The Labour leader warned that the social care system in England was at risk of breaking down because of growing demand and financial pressures. In a speech to the Fabian Society, he cited King’s Fund research suggesting one in five nursing homes does not have enough staff on duty.

The opposition has said it will give the social care system the funding it needs if it gets into power, partly by reversing government cuts to corporation tax.

Mr Corbyn said Labour would be prepared to intervene if necessary in the most serious cases of financial mismanagement and clinical negligence.

“A total of 380 care home businesses have been declared insolvent since 2010,” he said. That’s because the amount councils pay towards fees for residents is falling while costs are increasing.

“A Labour government would give social care the funding it needs and give a firm commitment to take failed private care homes into public ownership to maintain social care protection.”

 

 

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