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Page last updated at 07:30 GMT, Wednesday, 1 June 2011 08:30 UK

'No mass closures' for Southern Cross

The care home operator Southern Cross has announced it is in a critical financial position and has done a deal with the banks to borrow more money.

William Laing, health economist at Laing and Buisson, and Peter Hay, president of the Association of Directors of Adult Social Services, discuss its position.

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