UK Politics: Labour’s Plan to Ban Private Equity in Social Care

It seems the bold move to shield our vulnerable from the clutches of predatory private equity in social care has been, shall we say, shelved. Wes Streeting, a prominent voice in the Labour party, has revealed that his rather pointed plan to ban these „private equity sharks“ from the sector was unceremoniously ditched from the manifesto. Personally, I find this a rather disheartening development, a stark illustration of how even the most sensible policy ideas can be watered down by political pragmatism, or perhaps, a touch of timidity. The Ghost of Policies Past What makes this particularly fascinating is the (Read more…)

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