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Financial Management & Funding

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CPE confirms £645m is new money but questions remain over IT

Company Chemists’ Association chief executive Malcolm Harrison said the launch of Pharmacy First was “a huge vote of confidence in the sector."

16 Nov 2023

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GPhC makes ‘difficult decision’ to implement 7.5% fee hike

Regulator presses ahead with deeply unpopular fee hike, citing increased operating costs

15 Nov 2023

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Dispensing doctors facing ‘cashflow crisis’

Hundreds of dispensing doctor practices in England are facing cashflow problems after a sharp drop in fees.

27 Oct 2023

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DHSC hits back at independent panel’s funding criticisms

Department 'does not agree' with panel view that progress on funding is too slow

19 Oct 2023

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Soni: Pharmacies must seek opportunities outside negotiated contract

A new contract may offer 'sustainability' but not necessarily profits, Ash Soni warns.

21 Sep 2023

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North-East pharmacy group placed into administration

Northcare Limited and Medway Limited, the holding companies for eight pharmacies, have faced financial challenges.

21 Aug 2023

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Pay rise for doctors ‘unfair’ to pharmacy, says CPE chief

Pharmacy sector needs a pay rise, Janet Morrison argues

17 Jul 2023

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Government’s £645m pharmacy services investment not enough, AIMp tells Treasury

Pharmacy First 'financially low viability' without additional core funding, officials told.

14 Jun 2023

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Pharmacist pair briefs politicians on ‘crisis’ situation in Northern Ireland

Father and daughter duo brief MLAs on funding, workload and workforce pressures threatening sector

12 Jun 2023

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Pharmacies in dispute with DH over blister pack provision

NI Department of Health says pharmacy funding demands are 'unrealistic'

13 Apr 2023

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DH imposes discount deduction hike ‘under pressure from NHSE’

Ministers impose rate increase to 20 per cent on generics after PSNC rejects it

30 Mar 2023

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Budget 2023: VAT exemption extended to services supervised by pharmacists

Exemption to include services delivered by non-registered pharmacy staff, says chancellor

16 Mar 2023

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PSNC tells Government: No PQS or new services without more funding

PSNC warns Contraception Service must be stalled without offer of extra funding

14 Mar 2023

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PSNC rejects Government’s ‘insufficient’ pricing reform proposals

DHSC offer on relief measures and price concession reform 'nowhere near far enough'

20 Feb 2023

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Social enterprise bank helps Glasgow pharmacist buy first pharmacy

Frasers Pharmacy renamed Broom Pharmacy as Clare Brogan plans to grow team

01 Feb 2023

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Banks remain keen to support pharmacy acquisitions

Hutchings Consultants said the number of pharmacies brought to market will increase as multiples “continue divestment plans.”

17 Jan 2023

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