Written Question·Department for Education·UIN 2097
Children in Care
Tabled: 29 July 2024
Answered: 3 September 2024
Named DayQuestion
Helen Hayes
Labour — Dulwich and West Norwood
To ask the Secretary of State for Education, what information her Department holds on the average level of profit made by (a) private and (b) local authority-managed residential homes for looked-after children in the latest period for which data is availa
Answer
Janet DabyThe department does not hold or collect data on the profit levels of children’s social care providers. However, the Competition and Markets Authority detailed in their 2022 report that the largest fifteen providers made, on average, 19.4% profit on foster...
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