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Business environment

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Business environment

Pharmacist buys pharmacy in Liverpool after securing six-figure investment

Sean Clarke, who owns SPC Care Limited, was supported by River Capital to buy Normans Pharmacy on Walton Road.

31 Oct 2024 , 1 Min Article

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Business environment

Budget made no mention of pharmacy, laments NPA chief

National Pharmacy Association chief executive Paul Rees warned the national insurance rise will heap more pressure on pharmacies.

31 Oct 2024 , 1 Min Article

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Business environment

Budget 2024: Living wage to rise by another 6.7 per cent, confirms Reeves

Living wage to rise to £12.21 from April, Labour announces

30 Oct 2024 , 1 Min Article

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Business environment

Jhoots store in Kent reopens after second bailiff notice

Rainham Jhoots branch reopens after new location and a second bailiff notice

25 Oct 2024 , 1 Min Article

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Business environment

MSN & Lunts Pharmacy Group adds another branch to its portfolio

The group, headed by Ravi Nagra, who sits on Shropshire LPC, purchased Bicton Heath Pharmacy in Shropshire.

17 Oct 2024 , 1 Min Article

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Business environment

Boots reports 10% rise in pharmacy sales as US parent culls stores

Another strong quarter for Boots – but US partner company planning major cull

17 Oct 2024 , 1 Min Article

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Business environment

Regional chain acquires 10th pharmacy with acquisition in Worcestershire

Raylane Ltd, which operates in the West Midlands, Worcestershire, Gloucestershire and Staffordshire, bought Evans Pharmacy.

11 Oct 2024 , 1 Min Article

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Business environment

Number of community pharmacies in England on the increase

NHS Business Services Authority figures reveal there were 12,009 community pharmacies in 2023-24, 595 more than in 2022-23.

10 Oct 2024 , 1 Min Article

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Business environment

Temporary pharmacy closures adding to ‘deepening crisis’ in sector

Older people and rural communities hit hardest, says Healthwatch England.

26 Sep 2024 , 4 Min Article

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Business environment

PDA gets pedantic over media coverage of NPA ‘ballot’

The PDA airs concerns about the way that plans by the National Pharmacy Association to ‘ballot’ members are being covered by the media.

24 Sep 2024 , 1 Min Article

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Business environment

Pharmacy branches the fastest disappearing high street businesses

PwC analysis shows pharmacies, pubs and banks make up half of high street closures

12 Sep 2024 , 1 Min Article

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Business environment

Pharmacist buys first pharmacy after completing deal for Blackpool business

Arif Bhuriya acquired Bispham Pharmacy in Blackpool from regional group O’Briens Pharmacy.

10 Sep 2024 , 1 Min Article

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Business environment

Pharmacist fulfils long standing goal by buying first pharmacy

Christie Finance helped secure the acquisition by securing 80 per cent of the purchase price via an unsecured loan.

03 Sep 2024 , 1 Min Article

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Business environment

Former Lloyds parent ‘seeking £900m as it auctions AAH’

Asset strippers Aurelius could make healthy profit on wholesaler, the FT reports.

03 Sep 2024 , 1 Min Article

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Business environment

Day Lewis sees operating profits dip as it sells and merges ‘multiple pharmacies’

Admin costs lead to slight profit dip as the company merges and sells low performers

30 Aug 2024 , 1 Min Article

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Business environment

First-time buyers complete deal for pharmacy in Leeds

Brothers Shujah and Sarum Qureshi bought Star Pharmacy.

22 Aug 2024 , 1 Min Article

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