Help the Aged is to sell its 32 care homes across the country because it can't guarantee their long-term financial viability.
Ownership and management of the homes is to be taken over by Hanover Friends, a joint venture specially created by two charities, Hanover Housing Group and Friends of the Elderly, allowing Help the Aged to concentrate on expanding its telephone helpline, carry out research, and develop more community and volunteer-based services.
Help the Aged says Hanover Friends can run the homes more efficiently because of economies of scale - Hanover Housing Group runs over 15,000 retirement properties.
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Government Legislation
02 December 2008
Details of government consultations
28 November 2008
Private Member Bills
21 November 2008