Sarah Olney

Sarah Olney

Liberal Democrat — Richmond Park

Speaking in the House of Commons on 19 January 2026

Debate

Children’s Care Home Providers: Financial Oversight

Contribution

Last Friday, the Public Accounts Committee, of which I am a member, published its report into the financial sustainability of children’s homes. The report highlights that there is very little financial and governance oversight of private companies, which run 84% of children’s homes in the UK. Given that the 15 largest private children’s homes providers make average profits of 22% on an average charge per child per year of £318,000, what more can the Government do to ensure that children’s homes have appropriate financial and governance oversight?

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