Summary
Britain's biggest care-homes group signalled it would get tough in negotiations over fees with cash-strapped councils as it reported a more than doubling in annual losses.
Southern Cross Healthcare, which operates 752 care homes across the UK and employs 43,000 people, slumped into the red by pounds 47.4m in the year to September 30 against pounds 19.8m in pre-tax losses the year before.See the full content of this document
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Tough Times ; Citybulletin
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