As the end of 2020 beckons, we take a look at what progress the Sterling market has made in its preparations for the end of the London Interbank Offered Rate (LIBOR) on 31 December 2021.
The lack of government funding for social care is once again a headline topic and the pressure to fill the funding gap continues to fall on private (and often vulnerable) payers. Questions are now being asked about whether those individuals are being provided value for money or falling victim to emotional pressures and entering into unfair contracts. The CMA is aware that “the need to find a care home can come at a distressing time” and has already flagged issues of concern where residents may have experienced:
- unexplained or ‘hidden’ charges;
- unexpected fee increases;
- confusing requests for ‘top-up’ payments; and
- a failure to deal with complaints fairly.
We’re likely to see commentary around the appropriateness of deposit protection schemes (which don’t apply to care home residents unless they have an assured shorthold tenancy), additional costs for hospital visits, chiropody or group activities and charging 100% fees when a resident is absent for a period of time e.g. in hospital.
If you haven’t already considered your care contracts in light of the Act, now is the time to review your standard terms and understand your customers’ expectations.
The good news is that “the market study will also evaluate the effectiveness of competition between care homes in driving quality and value for money for residents and taxpayers. It will also consider how local authorities and other public bodies purchase and assign care home places, and how they encourage and shape local supply.” We know that our clients have lots to say on local authorities’ market shaping duties and you can respond to the market study here.
For more information
 On Friday 2 December 2016 - https://www.gov.uk/government/news/cma-launches-review-of-uk-care-and-nursing-homes
Finally, there is a glimmer of hope that perhaps the Covid-19 pandemic could be reaching its end.
For part 2 in this series of short podcasts, Chris Lloyd-Smith interviews senior associate Lisa Whitehouse on how she has been coping during these unprecedented times.
Delayed since Spring 2020 as the Government tackled the Covid-19 crisis, Tuesday 17 November saw the publication of the Social Housing White Paper, setting out the future regulation of the sector
In this ebriefing, we examine how the duty holder regime will apply to social housing providers with existing HRRBs in their housing stock.
Following Katherine's "heads up" last week, the Government has now confirmed that for claim periods post 1 December, employers will not be able to claim for employees who are serving their notice
For part 1 in this series of short podcasts, Chris Lloyd-Smith interviews solicitor Puja Desai on how she has been coping during these unprecedented times.
Over 100 trainees and future trainees from Birmingham joined the BTSS for a webinar to address concerns around training remotely and qualifying during a possible recession.
Anthony Collins Solicitors has supported Birmingham-based Complete Care Holdings in its acquisition of Amegreen Complex Homecare Ltd.
The Guidance for the extended Coronavirus Job Retention Scheme (CJRS) was released last night on 10 November 2020. We thought we knew what we were expecting or so we thought...
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