Elderly person and carer
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Care homes 'at risk of going bust'

Last year 67 care home businesses went bust compared to 28 cases in 2008.

Last year there was a 12% rise in care home business insolvencies, despite an overall fall in the UK corporate sector.

Stephen Grant is a partner at the accountancy firm Wilkins Kennedy. He told BBC Radio 5 Live's Breakfast that some people went in the care home business "as a way of making an easy buck", and predicts more homes will go into insolvency.

  • 29 Apr 2013