One of my favourite programmes on Radio 4, apart from The Archers, is The Bottom Line with Evan Davis.

In the latest episode, the assembled experts discussed the business of providing residential care for our elderly.

This appears to be a struggling business sector. 

Local authorities, who face a massive funding challenge with our ageing population, are no longer covering the full cost of those care home residents who qualify for their financial support.

As a result, self-funded care home residents pay not only for their own accommodation, food and staffing, but also to cross-subsidise local authority funded residents. 

In the space of this 30 minute episode, Evan and his guests do a great job of explaining why the private care home sector is facing tough times and might prove unsustainable.

It's well worth a listen for anyone who has parents or other relatives needing residential care, or who might need care in the future.