SHOW / EPISODE

The 2.4% Problem & Margin Pressure

25m | Oct 6, 2026

Welcome to the very first episode of Supported Living Financials, the podcast dedicated to helping UK supported living providers navigate the complex financial landscape of the sector.

In this debut episode, Paul Redmond sits down with Dan Daly—who heads up Supported Living Financials at RDA Accountants UK—to tackle the issue that's dominating conversations across the industry: the 2.4% problem and margin pressure.

What We Cover in This Episode:

· What is the 2.4% problem?

· The real maths behind margin pressure

· A practical example

· Why data cleanliness matters

· The translation gap

· How to tackle the problem

· The human side of the numbers

Key Takeaways:

· The 2.4% problem is conceptual—it could be 3%, 5%, or more depending on your business and the current environment

· Visibility is everything: you can't fix what you can't see

· Proactive negotiation with local authorities is essential—don't just accept the uplift you're given

· Understanding the nuance of supported living finance is not the same as standard accounting

· The margin is tight, and getting tighter—but with the right financial insight, operators can protect both their business and the quality of care they provide

Whether you're a supported living provider, an investor, or simply want to understand the financial realities of the UK care sector, this episode is your starting point.

Find Supported Living Financials here:

https://www.supportedlivingfinancials.co.uk/

Contact RDA Accountants Ireland https://www.rda.ie/contact

Contact RDA Accountants UK https://rdaaccountants.co.uk/contact

Contact Paul here:

LinkedIn https://www.linkedin.com/in/paul-redmond-rda/

Email predmond@rda.ie

Find Dan here:

LinkedIn https://www.linkedin.com/in/danieldalyrda/

Email ddaly@rdaaccountants.co.uk

Listen to more episodes here:

https://www.youtube.com/playlist?list=PLLDSdVMrbyxg