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Business news

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Financial Management & Funding

NPA: Labour must fulfil five tests in next pharmacy funding settlement

The National Pharmacy Association wants an above inflation increase in community pharmacy’s global sum among other things.

16 Jan 2025 , 1 Min Article

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Business environment

A third of contractors want to sell up as broker reports ‘record’ sales

Christie & Co predicts a rise in pharmacy prices in 2025

16 Jan 2025 , 1 Min Article

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Education & training

Numark and Buttercups unveil technician apprenticeship training initiative

Numark and Buttercups training initiative offers funded pharmacy technician apprenticeships for older candidates

14 Jan 2025 , 1 Min Article

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Business environment

England’s eighth biggest pharmacy enters administration with £5.8m debts

Remedi Solutions owed millions to wholesalers, manufacturers and lenders.

14 Jan 2025 , 3 Min Article

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Business environment

Alliance Pharma says £350m takeover will not impact drugs supply to pharmacies

Alliance Pharma has been listed the Alternative Investment Market of the London Stock Exchange (pictured) since 2003.

13 Jan 2025 , 1 Min Article

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Business environment

Boots enjoys ‘exceptional’ Black Friday as US parent loses $245m

Sales and market share continue to rise for Boots but US parent struggling

13 Jan 2025 , 1 Min Article

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Business environment

Jhoots posts £5m annual loss but says it is ‘returning to profitability’

Jhoots Pharmacy publishes accounts for the year of 2023

10 Jan 2025 , 1 Min Article

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Business environment

Phoenix seals deal to distribute Kenvue’s OTC products

Phoenix UK said the agreement, which started on January 1, is a “reduced wholesaler model."

09 Jan 2025 , 1 Min Article

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Contract

NPA: Pharmacy contract delays could lead to first collective action in history

Trade body says contract stalemate “utterly unacceptable”.

08 Jan 2025 , 2 Min Article

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Regulations

Jhoots branch avoids list removal after opening 11 days in 6 months

Jhoots wins appeal against health board decision to remove branch from pharmaceutical list.

07 Jan 2025 , 3 Min Article

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Business environment

P2U owner makes £9.7m loss after acquiring LloydsDirect

Losses near £10m for wider group despite Pharmacy2U turning a profit

06 Jan 2025 , 1 Min Article

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Property

Two pharmacies less than a mile apart in Northampton sold

Delapre Pharmacy and Far Cotton Pharmacy were owned by Vyas Limited for over 10 years.

06 Jan 2025 , 1 Min Article

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Business

Morrisons and Phlo launch online private prescription service

The Morrisons Clinic will allow patients to receive treatments possibly by the next working day.

03 Jan 2025 , 1 Min Article

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Contract

Pharmacies face £34m reimbursement reduction per quarter

CPE warns that this month’s Cat M price list will slash reimbursement by millions.

03 Jan 2025 , 2 Min Article

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Business

NPA: PhAS failing to protect pharmacies from closing

Dozens of pharmacies covered by Pharmacy Access Scheme have closed in the past two years, a new analysis claims.

02 Jan 2025 , 2 Min Article

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Financial Management & Funding

Streeting to confirm in January if new funding will offset NI hike

Don't make business decisions until I've revealed allocations, SoS tells contractors, as CPE warns many pharmacies face closure this winter.

19 Dec 2024 , 3 Min Article