Research into the economic value of services provided by carers

The Princess Royal Trust for Carers has published a Social Return on Investment analysis on the value of services provided by five Carers’ Centres in England. The independent analysis found that value of £73 million per annum was produced from £5 million invested.

If applied to all 144 Carers’ Centres in the UK, the total value of their services would be £814 million from only £57 million invested.

The value is generated from factors, such as:

  • carers maintaining better health
  • the cared-for remains living at home, and
  • young carers are more likely to end up in education, employment or training.

The YouTube video below (https://www.youtube.com/watch?v=GlH3pN73ZaY) shows Jane Burt explaining the Social impact of Carers’ Centres in England. There is also a quick interview with the author of the report Jim Clifford of Baker Tilly, carer Norman Phillips and Carers Involvement Manager at Carers in Hertfordshire, Roma Mills.