Press Release

8th March 2017

Spring Budget 2017

The Chancellor has announced additional grant funding of £2 billion for social care in England over the next three years, with £1 billion available in 2017/18. The government has said that one of the aims of this announcement is to allow local authorities time to plan and commission care packages around the additional grant funding now.

Other new key health and care announcements included in the Budget:

  • £100 million of capital available for up to 100 onsite GP triage projects in NHS Accident and Emergency departments to impact waiting times.
  • Sustainability and Transformation Plans ready ahead of the Autumn Budget will be able to access an additional £325 million of capital.
  • The government will set out its thinking on the options for the future financing of social care in a Green Paper later this year.

Joel Charles, Deputy Chief Executive of Future Care Capital, said:

“Additional funding for social care across England should be welcomed, but we cannot escape the reality that a fundamental rethink of the health and care system is needed now to ensure the long-term sustainability of services across the country. It is good news that the government will publish a green paper later this year on the future of social care – this is an opportunity to shape a new consensus around the current debate.”

“Future Care Capital has set out a positive vision for the health and care system in 2030. We want to see a new agreement between the state and public, which sets out a commitment to support the health and care needs of everyone throughout their life. This could be achieved through a Care Covenant, which we are developing, to set out a renewed strategic ambition to deliver the best possible outcomes for the public, that are socially and organisationally borderless.”


Notes to Editors

Press contacts

For all press enquiries, please contact Joel Charles, FCC Deputy Chief Executive, at [email protected].

About Future Care Capital (FCC)

FCC is a charity, emerging from the sale of the awarding organisation, the Council for Awards in Care, Health and Education (CACHE), in September 2015.

Beginning life as the National Nursery Examination Board (NNEB) in 1945, the charity has evolved throughout its 70-year history and continues to have the Queen as its patron.

Following the sale of its awarding organisation business and assets (including the CACHE and NNEB brands) the charity is ready to embark on its next chapter.

The Trustees have developed a detailed Strategy for the future direction of the charity and have recently approved the 10-year Business Plan. The Trustees have identified the following vision, goals and aspirations that follow on from the Charity’s objects:

Charitable Objects: To promote education, training, quality and standards in care, health and education and allied disciplines.

Vision Statement: The charity will be known for being the leading independent voice for applying evidence that will advocate for and deliver a step change in health and care, including the advancement of quality and standards as well as education and training for allied professions as a sustainable charity.

Mission: Engage, educate and involve all generations in the development and delivery of unified health and care provision.

Key Beneficiaries: Those in receipt of care.

Key Goals and Aspirations:

  • Be recognised as a leading advocate and thought leader;
  • to deliver a step change in the advancement of quality and standards, education and training in care and health and allied professions; and
  • sustainably grow impact.

The charity will adopt an agile approach to delivery underpinned by an enabling internal culture and supporting systems that reflect its core values of empathy, diversity, openness and professionalism.

The charity’s core offerings will be delivered through two collaborative but independent delivery vehicles:

Evidence based Advocacy – developing new policy propositions and solutions supported by evidence-based research, stimulating debate and innovation through events, publications, projects and discussions with diverse stakeholders including the general public.

Social Impact Investment Fund – an investment fund managed by the charity to invest in sustainable social enterprises through an Innovation Fund, which support better quality and standards of services in the care, health and related education and training, which will generate a commercial return for the charity, supported by a ‘collaborative hub’ with the charity at its centre, facilitating knowledge sharing, supporting innovation and best practice, and gathering evidence and insights to feed into the charity’s Advocacy operations.

Legally structured as a charity, FCC intends to operate as a dynamic, agile and commercially aware organisation: a true social enterprise.

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