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Financial Management & Funding

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Reeves budget could cost pharmacies over £200m, warns negotiator

CPE's sums set out a dire picture of the impact of Labour's budget.

14 Nov 2024

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Beat the Budget’s pressures

Our financial expert examines how independent pharmacies can deal with the impact of Labour’s autumn Budget.

13 Nov 2024

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Labour’s Budget will have ‘devastating impact’ on pharmacies in Northern Ireland

Community Pharmacy Northern Ireland chief executive Gerard Greene warned the measures will impact pharmacy services.

13 Nov 2024

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MPs warn Labour’s NI rise puts pharmacies at risk during Commons debate

Liberal Democrat MP Sarah Gibson said pharmacists and other healthcare providers “feel taken for granted, let down and scared.”

08 Nov 2024

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Health workers ‘grateful’ for Reeves budget says community pharmacist MP

Increased NHS spend could help reverse decline of pharmacies, suggests Sadik Al-Hassan.

05 Nov 2024

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Independents can become tax-efficient

We are just over halfway through the 2024-25 tax year. and this may be a good opportunity to review your personal tax positions, writes Vinku Shah.

22 Oct 2024

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Creating more revenue streams in independent pharmacy

Financial expert Vinku Shah examines some of the ways independents can boost their OTC trade to generate more cash.

16 Oct 2024

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NHS underpays pharmacies by up to £75 a pack for common meds, says NPA

Pharmacies are losing thousands of pounds a month due to inadequate reimbursement prices, according to an NPA analysis.

16 Oct 2024

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Rees: Labour are 'incredibly warm' about work-to-rule and wider pressure campaign

Paul Rees played down concerns the NPA's work-to-rule strategy risks alienating the government.

14 Oct 2024

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Could Labour spark a 'pharmacy exodus’ with capital gains tax hike?

A Pharmacy Show panel zooms in on financial pain points

14 Oct 2024

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NHS ‘recognises pain’ as it freezes Pharmacy First payment targets until 2025

Pharmacy First payment threshold will remain at 20 until 2025

14 Oct 2024

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NPA slams ‘incorrect’ and ‘misleading’ NHSBSA pharmacy numbers

The National Pharmacy Association said NHSBSA double counted pharmacies and included “pharmacies that have shut their doors" in its figures.

10 Oct 2024

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CPE: There must be ‘sufficient’ services and ‘capability’ in commissioning to get best from IPs

“We must think about how we improve the use of independent prescriber skills,” CPE chief executive Janet Morrison said.

07 Oct 2024

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Pharmacy minister strikes upbeat note for future funding talks in England

Pharmacy minister Stephen Kinnock has reassured community pharmacy that “sustainable funding solutions” are needed.

07 Oct 2024

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Follow Scotland’s lead and support England’s pharmacies, Numark chair urges Labour

Numark chairman Harry McQuillan paid tribute to the Scottish government after it increased pharmacies' global sum.

03 Oct 2024

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Scottish pharmacies get £13m funding boost in ‘long-awaited’ deal

Drug Tariff funding to rise by £10m as part of delayed funding settlement.

30 Sep 2024

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