"An 18% return on the most disturbed and needy children in care homes is the extreme end of Britain's outsourcing culture."
"In the two years between 2010 and 2012 outsourcing to private children’s homes rose 8% to 67%.' "
"Good investments are hard to come by in these low-interest times. But here's an eye-catching brochure from Gravity International. It shows the exceptional profit a canny investor can make from services the state outsources to the private sector."
"Here's the offer: a phenomenal 18% return guaranteed in one year, with your investment safely secured on a property (though in reality nothing is ever that secure). What is the business? Caring for the most disabled, disturbed and needy children in residential homes."
"But, however good, the huge sums skimmed off the top in profit would be better spent on extra psychotherapy and education for children whose outcomes are so dismal. A quarter of prisoners come from care."
"But it's a rising market, with more than 68,000 in care last year, up 2%,...."
"Making money out of tragic children is the extreme end of the outsourcing culture...."
http://www.theguardian.com/commentisfree/2014/may/13/troubled-children-investment-extreme-britain-outsourcing-care
As the number of children removed from their parents continues to rise, there are other investment opportunities in the increasing number of adoption and fostering agencies. The current policy for early intervention means that children are taken away at a younger age and spend a longer time in the care system.
Are we expected to believe that all of this is just a coincidence?
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