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Care leaders pin hopes on spring budget for long-term funding boost

“The Spring Budget offers a great opportunity to put firmer plans in place.” That is the view of care leaders following yesterday’s £500 million cash injection.

Speaking for Methodist Homes Association, chief executive Sam Monaghan said: “The funding won’t help care providers to resolve the continued pressures they are facing, which include eye-wateringly high utility bills and a workforce crisis.

“To meet the care needs of the population – both now and in the future – the Government must show it is committed to long-term funding.”  

Professor Vic Rayner, CEO of National Care Forum commented: “The Chancellor must not miss the opportunity in the spring budget to address these huge funding pressures with the announcement of a sustainable long-term funding solution for care – we simply cannot carry on with short term, emergency injections of funds to cash strapped councils, many of whom seem to be facing section 114 bankruptcy.”

Care England CEO Professor Martin Green added: “Against the backdrop of the rises in the National Living Wage, rising utility costs, and the gap from the Fair Cost of Care being largely unaddressed, this new money in isolation runs the risk of being another short-term solution of money in the face of a problem that needs long-term funding to resolve.” 

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