A report by Cass Business School commissioned by Carers UK states that ‘a fundamental shift’ in the adult care system would not only help to support struggling families, but would also add significant value to the UK gross domestic product (GDP).
Carers UK commissioned the report to examine the challenges families are facing and to give an independent view on how to improve the lives of family carers.
Leslie Mayhew who wrote the report believes that before the government can reform the current care system, they must understand ‘the economic costs of failures in care’.
More than half of the UK’s 6.4 million family carers attempt to juggle the demands of caring for a disabled or elderly relative whilst maintaining a job. According to the report, if external care was provided, these people would be able to work full-time, contributing approximately £47,800 to the GDP each year.
Chief executive of Carers UK, Helena Herklots said: ‘Too often the debate around reform of care for older and disabled people is framed as a drain on public finances. It is time we recognised that helping families to juggle work and care and stimulating a new generation of care services can act as an engine for economic growth.’