Plan to ban ‘private equity sharks’ from social care dropped, Wes Streeting says
Exclusive: Ex-minister accuses Labour of ‘overcautiousness’ and says his proposal was cut from manifesto Wes Streeting has said his plan to ban “private equity sharks” from the social care sector was removed from the Labour manifesto, as he accused the government of “overcautiousness” in reforming the industry. In a Fabian Society report on how to create a national care service, Streeting said overhauling social care was “one of the defining challenges of our age” but an “absence of good politic
Opening excerpt (first ~120 words) tap to expand
It is understood that Wes Streeting would resurrect his plans for regulating private equity in social care in a future government. Photograph: Jack Taylor/Getty Images for SXSW LondonView image in fullscreenIt is understood that Wes Streeting would resurrect his plans for regulating private equity in social care in a future government. Photograph: Jack Taylor/Getty Images for SXSW LondonSocial carePlan to ban ‘private equity sharks’ from social care dropped, Wes Streeting saysExclusive: Ex-minister accuses Labour of ‘overcautiousness’ and says his proposal was cut from manifestoJessica Murray Social affairs correspondentThu 18 Jun 2026 03.00 EDTLast modified on Thu 18 Jun 2026 03.02 EDTSharePrefer the Guardian on GoogleWes Streeting has said his plan to ban “private equity sharks” from…
Excerpt limited to ~120 words for fair-use compliance. The full article is at the Guardian.
Discussion
0 commentsMore from the Guardian
