2014-03-31 10:37:01 - Retirement Homes in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com
The Retirement Homes industry is expected to generate revenue of Â£4.8 billion during 2013-14, a decline of 1.4% on the previous year. This marks a continuation of the trend of the past few years. Industry revenue is expected to contract at a compound annual rate of 1.9% over the five years through 2013-14.
The economic downturn of 2008 bit into household disposable incomes and resulted in public sector expenditure being curtailed, making it largely to blame for the recent hardship suffered by industry operators.
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