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14th November 2016

Living Wage puts pressure on providers

A new report has revealed that the National Living Wage has increased the financial pressure on care home providers who are already being hit by reduced funding from local authorities.

The report, which was commissioned by accountancy firm Moore Stephens, states that smaller care homes are under the greatest pressure as part of the National Living Wage, which came into force in April and currently stands at £7.20 an hour.

Read more on this story on the BBC website.

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