BBCNEWS Crisis in Care December 8, 2021 03:40:00
The four seasons story is that they have been struggling now for a while repaying their debts. 2017, the four seasons group had about £29,000 of debt per care home bed that they operated. and the interest charge per bed per week was £1118. so, at that time about 20% of the average weekly fee was going on interest payments. if you take that interest payment off, it is a big chunk of money. what do you think about that? i know my dad was funded, but they are taking money out of his pot to pay off their interest. eventually the four seasons group was unable to pay the interest on some of its de...