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Business environment

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Business environment

Jhoots buys 36 LloydsPharmacy branches with £17m HSBC funding

The acquisitions take the number of pharmacies owned by Jhoots’ in the UK to 99.

27 Nov 2023 , 1 Min Article

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Business environment

High turnover of pharmacies will disrupt patient care, superintendent warns MPs

Widespread changes of ownership threaten continuity of care, MPs told

23 Nov 2023 , 1 Min Article

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Business environment

BREAKING: LloydsPharmacy disappears from UK high street

Hallo Healthcare Group has sold its 1,054 high street pharmacies, with over 6,500 employees joining new owners.

23 Nov 2023 , 1 Min Article

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Business environment

Father and son make Yew Tree in Walsall their first pharmacy purchase

Ian and Jas Riaar bought Yew Tree Pharmacy in Walsall for an undisclosed fee.

17 Nov 2023 , 1 Min Article

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Business environment

Family-owned Whitworth Chemists to sell all 34 pharmacies

Family shareholders to sell up entire business following a strategic review

10 Nov 2023 , 1 Min Article

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Business environment

LloydsPharmacy down to fewer than 50 branches

Fifty years after Allen Lloyd started the business, it is now down to a few dozen stores

08 Nov 2023 , 1 Min Article

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Business environment

Pharmacy in Glasgow sold for first time in over 35 years

Christie & Co said Macbon Chemist generated interest even though the market had been “flooded with opportunities” by LloydsPharmacy branches.

07 Nov 2023 , 1 Min Article

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Business environment

Boots pharmacists to receive 5% pay increase from November 1

One-off £750 payment for eligible pharmacists and managers in addition to pay uplift

09 Oct 2023 , 1 Min Article

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Business environment

Rising business costs see Day Lewis’s profits fall by a quarter

Rise in turnover offset by 17 per cent jump in administrative spending in 2022-23

05 Oct 2023 , 1 Min Article

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Business environment

Walthamstow pharmacy sold after owner decides to retire

Leyton Green Pharmacy, which dispenses an average of 2,697 items a month, was acquired by three pharmacists led by Abdus Subhan.

14 Sep 2023 , 1 Min Article

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Business environment

Government clawback proposals will hurt life sciences investment, say manufacturers

Life sciences FDI has already fallen by 47 per cent, warns trade body

20 Jul 2023 , 1 Min Article

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Business environment

Two independent pharmacies in Scotland up for sale

Sanjay Majhu, who owns several pharmacies in the country, is selling Islay Pharmacy and Inveraray Pharmacy.

28 Jun 2023 , 1 Min Article

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Business environment

Average locum rates in UK on the rise, says agency

Locate a Locum says average rates across the country increased by almost a fifth to nearly £39 an hour.

28 Jun 2023 , 1 Min Article

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Business environment

Boots to close 300 branches

The closure programme is expected to focus on stores that are near other Boots sites.

28 Jun 2023 , 3 Min Article

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Business environment

Well Pharmacy seeks to pacify watchdog by axing seven stores

CMA has 'reasonable grounds' to believe Bestway's divestment offer will be acceptable.

23 Jun 2023 , 1 Min Article

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Business environment

Patients visiting more than one pharmacy to get their medicines

New data suggest 5 million people had to visit multiple pharmacies to get prescription medicines over the past year.

20 Jun 2023 , 3 Min Article