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Financial Management & Funding

Understand available financial support.

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Tories treat pharmacy “as an afterthought”, says Lib Dem MP

Sarah Dyke said community pharmacies “need emergency funding from government.”

11 Jan 2024 , 1 Min Article

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Protecting your pharmacy business

If an illness leaves you unable to work, it could threaten everything you have worked so hard to build. Vinku Shah looks at your options.

10 Jan 2024 , 1 Min Article

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We’ll resist HMRC raid on independents’ bank accounts, insists NPA

The NPA's Gareth Jones says it will push back against HMRC's decision to classify all locums as employees for tax purposes.

05 Jan 2024 , 1 Min Article

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CPE calls for financial support following NLW increase

The negotiator has written to the Chancellor to express its “deep concern” about the financial impact of the wage rise on community pharmacy.

04 Dec 2023 , 2 Min Article

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Financial covenants compliance

For owners who have variable loans, the rise in the base rate will impact not only on profits but cash flow, as Vinku Shah explains.

28 Nov 2023 , 1 Min Article

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Autumn statement: Living wage increase a ‘death blow’ to pharmacies

National Living Wage to rise by 10 per cent to £11.44 an hour, Hunt announces

22 Nov 2023 , 1 Min Article

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Doctors complain Pharmacy First will create ‘significant’ funding disparity

Pharmacies will get 'more than double' the per-consultation rate GPs receive, claims DAUK

21 Nov 2023 , 1 Min Article

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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 , 1 Min Article

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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 , 1 Min Article

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Expenses can be a tricky business

It's important to ensure payments of business-related expenses are made through the company accounts, says Vinku Shah from Silver Levene.

06 Nov 2023 , 1 Min Article

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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 , 2 Min Article

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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 , 1 Min Article

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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 , 1 Min Article

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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 , 1 Min Article

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Helping first-time independent buyers

Specialist advice can save pharmacy buyers time and help to avoid costly pitfalls, says Vinku Shah.

19 Jul 2023 , 1 Min Article

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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 , 1 Min Article

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