Experts raise alarm over ‘commodification’ of vulnerable children as independent fostering agencies make millions in profit
Experts have raised alarm over the “commodification” of vulnerable foster children as analysis reveals almost a quarter of all foster places in England are now provided by private equity-backed companies making millions of pounds in profits.
Analysis for the Guardian by thinktank Common Wealth found independent fostering agencies (IFAs) are making millions via public funding from councils to provide placements for foster children, while foster carers struggle to pay bills.
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