An investigation by iNews has found that Voyage Care, one of Britain’s largest providers of care for vulnerable people, has seen a significant fall in safety standards over the past two years after being bought by Kuwait’s state fund. The company has also receieved almost £500m in funds from the British taxpayer.
Voyage Care, which owns more than 280 homes was taken over in January 2022 by the Kuwait Investment Authority, the £700bn sovereign fund run by the oil-rich Gulf state.
An analysis by i shows that since the takeover, 75 of its care homes have been assessed by the Care Quality Commission, with around one third seeing a drop in their performance ratings and 23 homes seeing a drop in safety standards.
Full story in iNews, 27 August 2024
