Home > Uncategorized > Southern Cross …. opinions

Southern Cross …. opinions

This is probably the most concise and best summary I have read on this so far
http://www.telegraph.co.uk/finance/newsbysector/epic/sche/8556108/Southern-Cross-whos-to-blame.html

Followed by another very decent update

http://www.telegraph.co.uk/finance/newsbysector/epic/sche/8556612/Is-there-still-life-in-Southern-Cross.html

With this comment…

For Southern Cross to survive beyond the summer, it needs to persuade landlords not to repossess their care homes or call in the administrators in response to the rent cut. However, many landlords are already preparing to find new operators for care homes they believe are profitable with current rental levels.

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