Debate Magazine

They Own Land! Give Them Money!

Posted on the 20 March 2017 by Markwadsworth @Mark_Wadsworth

From The Guardian:
The cost of an average stay in a residential care home can swallow up more than half the value of an individual’s house in some parts of the country, according to new research.
The findings, which show that the typical person entering residential care will face a total bill of £50,000-£93,000 depending on where they live, will fuel the debate about social care funding.
The chancellor, Philip Hammond, announced in this month’s budget that an extra £2bn would be granted to social care in England over the next three years. He also said the government would produce a discussion paper later this year that looks into how to fund social care in the future...

The new research from the mutual insurer Royal London, whose director of policy is the former pensions minister Steve Webb, found that variations in house prices around the UK mean the cost of a typical residential care home stay could range from 18% to 56% of the value of the average house.
Webb, a former Liberal Democrat MP, said successive governments had “failed to grasp the nettle” when it came to care costs, and that urgent action was needed.


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • The Verdi Project: Rigoletto

    Verdi Project: Rigoletto

    In which our composer creates a sensation and changes the world of opera, forever. by Paul J. Pelkonen Tito Gobbi (with Renata Scotto) looking suitably... Read more

    The 23 April 2018 by   Superconductor
    CULTURE, THEATRE & OPERA
  • the Ship is Sinking

    Mishpacha Magazine (Hebrew edition) has been running an initiative recently promoting new young couples in the Haredi community take on their own mortgages... Read more

    The 23 April 2018 by   Gldmeier
    RELIGION, SOCIETY, SPIRITUALITY
  • Flower Power: Beyond the Beauty

    If we could see the miracle of a single flower clearly, our whole life would change.” – Lord Buddha. Life is a journey that is full of special moments; like... Read more

    The 23 April 2018 by   Meet Rv
  • Dress To Impress! 5 Dresses For Your First Date

    Dress Impress! Dresses Your First Date

    Are you looking to make a great first impression on a new man when you show up for your first date with him? Are you conflicted as to how to dress, what... Read more

    The 23 April 2018 by   Meet Rv
  • A RAINY DAY in VOLCANOES NATIONAL PARK, HAWAII

    RAINY VOLCANOES NATIONAL PARK, HAWAII

    In the Kilauea Iki Crater in Volcanoes National Park, HawaiiA week ago, on our trip to the Big Island of Hawaii, Art and I were hiking across what felt like a... Read more

    The 23 April 2018 by   Carolinearnoldtravel
    TRAVEL
  • Congress Has Grilled Facebook CEO with Tough Questions Over Data Misuse

    Congress Grilled Facebook with Tough Questions Over Data Misuse

    Mark Zuckerberg has faced Serious Allegations on Facebook Data breaching Scandal in two days Congress testimony –as it happened. Read more

    The 23 April 2018 by   Ruby Mariah
    GADGETS, TECH
  • Video of the Week: Anatomy of the Toes

    Video Week: Anatomy Toes

    In this lesson, we will look at the anatomy of the toes. I will also discuss how your toes move, what their functions are, and which kinds of common problems... Read more

    The 23 April 2018 by   Ninazolotow
    FITNESS, HEALTH, HEALTHY LIVING

Magazine