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Financial Management & Funding

52 results found for: Financial Management & Funding

Half of contractors fear closures due to financial pressures

MPs and Lords warn that “irreversible damage” will be done to England’s pharmacy network unless the Government offers urgent financial support.

Lloyds demands 25% rent reduction on 300 pharmacies

LloydsPharmacy parent company McKesson UK is “insisting” on a 25 per cent discount from its health centre landlords.

Lloyds to close more stores as online business booms

A "small number" of LloydsPharmacy stores may soon be closed due to the financial impact Covid-19 is having on the business.

GPhC income up slightly and expenditure down in 2019-20

The GPhC saw its income increase slightly over the last 12 months according to its latest financial report.

IR35 delayed for a year by coronavirus

Controversial tax change delayed as Treasury announces £330bn package for economy.

Boots has shut 28 stores out of a planned 200

Boots had closed 28 stores out of a planned 200 by the end of November, its parent company has revealed.

Pharmacists help CCG save £44k on insulin needles

Pharmacists assessing needle use in diabetics helped Isle of Wight CCG make an annual saving of £44,000.

Contractors “losing tens of thousands” over EPS claims

Some contractors are “losing tens of thousands of pounds” due to errors made when submitting EPS claims.

PSNC: 'Transitional payments' linked to item numbers

The monthly ‘transitional payments’ are being made to help community pharmacies prepare for a more services-based role.

Give pharmacies same business rate support as GPs, says Lloyds chief

The head of LloydsPharmacy’s parent company has hit out at government business rates.

PSNC to hold roadshows to explain five-year deal

A series of roadshows will help pharmacists understand how the five-year settlement will impact their pharmacies.

DHSC tackles “inequitable” reimbursement patterns

The Government has launched a consultation on community pharmacy reimbursement reforms.

Revenue up, profits down at Superdrug

Superdrug recorded nearly £1.3 billion in total revenue last year although it saw pre-tax profits drop to £88.3 million.

Funding cuts see pharmacy sales drop

Government funding cuts and the growth of online dispensing led to mergers and acquisitions of community pharmacies dropping off by almost a quarter

PSNC and BMA publish guide to community pharmacy

PSNC and the BMA have published a guide for GPs on how community pharmacy works, with the aim of facilitating collaborative work between the sectors

BREAKING: Boots comments on closure reports

Reports that over 200 Boots stores are being considered for closure over the next two years have not been confirmed by the multiple

Wales to invest 100k in minor ailments training

Vaughan Gething has today announced a £100,000 funding package to provide 50 pharmacists with specialist minor ailments training

Three in five pharmacists expect profit rise says Lloyds Bank

Pharmacists’ business confidence is rising, with three in five anticipating profits to go up this year, though confidence “remains in negative territory”

Boots UK suffers 100m profit dip, report shows

Boots UK’s pre-tax profits fell dramatically in the year to August 2018, dropping £100m from £498m to £398m, the latest Companies House report shows

RPS: Pharmacists not "prescription police"

Pharmacists should check people’s eligibility for benefit-related exemptions “at the time the transaction occurs” to reduce fraud or error, the NAO said

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