US hedge fund to take over indebted care home provider Four Seasons

Four Seasons, which is responsible for 17,000 people, has buckled under state funding cuts and shortage of EU nursesStruggling care home provider Four Seasons, which is responsible for 17,000 elderly and vulnerable people, is set to be taken over by a US hedge fund in a complex rescue deal being closely monitored by regulators.Four Seasons has buckled under the pressure of state funding cuts, a shortage of EU nurses since the Brexit vote, higher costs after the introduction of the national livin