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The owner of a care home group paid himself at least £21m in the last 5 years. He holds 100% of the share capital and in addition paid himself £18.6m in dividends.

(129 Posts)
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Dinahmo Tue 17-Jan-23 22:55:25

I know some of you don't want to read long attachments but I think that this one will/should make your blood boil.

www.theguardian.com/society/2023/jan/17/owner-of-uk-care-home-group-paid-himself-21m-despite-safety-concerns

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varian Thu 19-Jan-23 19:25:47

It used to be called "Granny farming"

A way to a quick profit.

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Fleurpepper Thu 19-Jan-23 19:51:41

Like water and energy, essential utilities- they should never be for profit.

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OnwardandUpward Fri 20-Jan-23 11:06:32

Rameses

OnwardandUpward

It's disgusting, but paying yourself dividends if you have a business is quite common.

Which is precisely why this 'government' has zero interest in the public sector and wants to privatise everything in sight.

I know. I'm not justifying it in anyway. It really stinks.

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