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Care home giant HC-One hikes fees for residents while owners cash in

Britain s biggest care home operator has hiked fees for residents in the pandemic while funnelling cash to its super-rich owners, experts have claimed.
Private equity-owned HC-One has been accused of using loans and a complex web of offshore structures to ‘extract cash’ and reduce its tax bill.
Newly published accounts reveal the company, which has 8,000 residents in 170 care homes, increased fees to residents and councils by an inflation-busting 3.6 per cent.
Raising fees: HC-One, founded by Labour donor Chai Patel (pictured) has been accused of using loans and a complex web of offshore structures to extract cash and reduce its tax bill ....

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Care home giant HC-One hikes fees for residents while owners cash in

Care home giant HC-One hikes fees for residents while owners cash in
dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.

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Former Tesco Chief Joins Tech Investment Firm Court Cavendish

Former Tesco Chief Joins Tech Investment Firm Court Cavendish
LEATHERHEAD, England, Jan. 28, 2021 /PRNewswire/ Court Cavendish, the global technology investor and former leading UK health and social care turnaround specialist, has today announced the appointment of Laurie McIlwee as a Special Advisor. As part of the role, McIlwee, who spent 14 years at Tesco including as Chief Financial Officer, becomes Chairman of Red Rickshaw, the UK s largest online Asian grocer and World Food recipe box provider.
Since 2017, Court Cavendish has primarily focused on investing in fast growing technology-based, social good and social trend businesses at various stages of development, from absolute start-ups to pre-IPO raises. ....

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Former Tesco CFO Laurie McIlwee becomes chairman of Red Rickshaw

By Ian Quinn2021-01-27T11:38:00+00:00
Mcllwee was a key player at Tesco under former boss Philip Clarke
Former Tesco chief financial officer Laurie McIlwee is returning to grocery after becoming a special adviser for global technology investor Court Cavendish.
Under the move Mcllwee, who was a key player at Tesco under former boss Philip Clarke, will become chairman of Court Cavendish-backed Red Rickshaw, the UK’s largest online Asian grocer and world food recipe box provider.
Court Cavendish, whose investments include AirBnb, online GP consultation service DocTime and mobile game creator Gaming Realms, said it was looking for experts to “supercharge” its activities in special advisory roles, with McIlwee, who spent 14 years at Tesco including as CFO, fitting the bill. ....

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