Recommendation 58

For far too long, some private providers have extracted significant profits from the public purse, operating under a monopoly market. At the same time, they have not demonstrated equivalent value for taxpayer money in terms of improved outcomes for the vulnerable children they care for. The Government must consider whether The independent review of children’s social care’s recommendation to levy a 20% windfall tax on the 15 largest private children’s homes and independent fostering providers would be effective. The Government must also take a wider look at the market, and consider whether it would be more appropriate for children’s homes to be run by organisations such as not-for-profit community interest companies, and for negotiations on pricing to be undertaken nationally rather than locally.