There is projected to be a huge shortage in elderly care home beds in the south west by 2035, according to a report by Christie & Co.

OutSee, a genomics and drug discovery company pioneering a predictive genomics approach to target discovery, has secured £1.8 million in seed funding, led by Ahren Innovation Capital.

Franklin Real Asset Advisors has purchased 32 care homes from LDC Care Homes, a real estate property portfolio advised by Elevation Advisors.