Theresa May reportedly considering higher long-term cap of £85,000

The Times has reported that John Godfrey, Downing Street's policy chief, is understood to have recommended that the cap should be set between £80,000 and £85,000, with a timetable for its introduction to be set out. Under the former prime minister David Cameron, the government had initially pledged setting the lifetime cap on care costs at £72,000, but the implementation of this was kicked into the long-grass until at least 2020. Right now, people with savings or assets of more than £23,250 face unlimited residential care home bills, meaning that many people have to sell their homes ...