M
Member
Speaking in the House of Lords on 17 June 2025
Debate
Children’s Wellbeing and Schools BillContribution
is key. If a provider knows that their revenue is secure, they can accept a lower average cost per placement because, effectively, they will always have 100% utilisation of their capacity. I apologise for talking about accommodation for children in these terms. This also gives the local authority clarity on their costs. It removes the incentive for the provider to hang on for financial reasons to a child, who might be ready to leave the home. This feels like a fundamental shift: it avoids what might be described as price-gouging when local authorities need a placement in a hurry.
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