Rachel Reeves’ Budget measures are projected to devastate care providers, leading to vulnerable disabled and elderly individuals not receiving care next year. The rise in national insurance, minimum wage, and living wage could bankrupt local authorities and threaten the future of care companies, as warned by the Homecare Association. Industry analysts report a growing gap in profits between providers serving privately paying customers and those dependent on state or NHS funding, potentially resulting in a widespread failure of care provision and overwhelming NHS services if care providers collapse.
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