Children’s social care generates excessive profits – report

The largest private suppliers of children’s homes and foster care places in England, Wales and Scotland make excessive profits, says a watchdog.

The UK has “sleepwalked” into a system where some vulnerable children do not get good care, says a Competition and Markets Authority (CMA) report.

However, private providers say some of their services can cost less than their council equivalents.

The CMA study into children’s social care was launched a year ago.

Read the full story on the BBC here.