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Archive for June 14th, 2010

As we previously reported there is a noticeable willingness from providers to discuss Acquisitions and Mergers. See our newsletters and Press.

Last weeks news hit the sector pretty hard.
Providers are concerned about;
  • financial viability and capacity,
  • capability of delivery,
  • geographic reach,
  • organisational size and structure,
Many are now actively are exploring,
  • Potential for growth and expansion,
  • Opportunities for sustainability,
  • New ways to replicate and scale-up their innovative programmes
If you are a small or medium organisation how do you?
  • Increase and replicate your excellent work?
  • Demonstrate that your innovation is scalable?
  • Compete with other providers and new entrants in the sector?
  • Ensure sustainability in a fiscally tight environment and with outcomes focused payments?
For larger providers, how do you?
  1. Effectively and efficiently expand your delivery?
  2. Gain local access, credibility, knowledge and acceptance?
  3. Demonstrate the public benefit of your expansion,
  4. Demonstrate that your footprint in new regions can and will transform lives and delivery?

Providers are now actively discussing and seeking opportunities to merge or be acquired.

Yes Minister has been involved in brokering discussions and is happy to make initial introductions.

MERGER and; ACQUISITION FORMS and EXPRESSIONS OF INTEREST

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Newsletter: Queens Birthday Honours, Increase Child Benefit, ALP Conference

Having difficulty viewing? visit http://www.yesminister.org.uk then click on PRESS

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  • If somebody tells you that  everything is possible, ask him to dribble a football. (Author unknown)
  • A politician is an animal which can sit on a fence whilst simultaneously keeping both ears to the ground. (Henry Louis Mencken)

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Mr Frank Field MP is considering taxing this benefit:  is he correct?

Rates

Child Benefit – £ per week
Rates Jan 2009 April 2010
Eldest/Only Child £20.00 £20.30
Other Children £13.20 £13.40

Other rates and allowances Tax Credit/Child Benefit

In the end it may be better to Tax it than axe it…..

Means Testing is also seen as a poor option because it would stigmatise the benefit resulting in those that ought to claim not claiming. In addition the administrative costs of setting up and managing this process would be astronomical.

Increasing Child Benefit

Far from reigning in the cost and expanse of this benefit The Make Child Benefit Count Campaign is calling for an increase in the benefit.

My view is that Child benefit should be increased to a flat rate of £22 a week for all children, which could be off-set by taxing this higher rate and removing eligibility to child tax credit (CTC) for better-off families. This would improve the incomes of poorer families and reduce child poverty.

According to IPPR this will lift 350,000 children out of poverty.

(see IPPR http://www.ippr.org.uk/pressreleases/?id=3997

Simply cutting the benefit is not the answer.

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