Care home residents in the north-east pay the least – an average of £25,636 a year, which is a 16.3% increase on 2016. These findings echo those by the not-for-profit firm Paying for Care, which says you can expect to spend an average of £31,200 a year on residential care, rising to more than £43,700 if nursing care is needed. With later-life incomes stagnating, the rising cost of care will eat away at a growing number of families’ finances as they use their assets to meet bills. This reinforces the fact that we are facing a serious and prolonged social care crisis. Colin Noble, Conservative leader of Suffolk council, called on the government to use next week’s budget to inject further cash into the system and help the “black hole” that is social care.

Source: The Guardian November 18, 2017 06:56 UTC