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Times are hard for community pharmacy. But careful planning can help keep contractors in the black, says specialist accountant Atif Butt
The past few years have seen a steady decline in pharmacy numbers across the UK. The BBC recently reported that the number of pharmacies in England has fallen by 160 over the last two years, leading to the lowest number since 2015. And this year, we’ve seen supermarket groups and multiples announce sales and potential closures of hundreds of branches across the country.
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‘Vote no’ campaigner Martin Astbury tells C+D why he believes the RPS plans for change represent a shift away from pharmacist leadership and why members should vote against them this week…
I also read comments that CPE does not appreciate this critical position, and I fundamentally refute that. Knowing the colleagues, both elected and employed, at CPE as I do, this is far from the case.
Community pharmacy is risk adverse, considered, and dare I say it, conservative. But, when it comes to the survival of pharmacy, we can’t afford to let the fear of change – or those resistant to it - hold us back.
8Walgreens Boots Alliance (WBA) has “entered into a definitive agreement to be acquired” by private equity firm Sycamore Partners.
2Jhoots Chemist’s accounts for 2024 have revealed an almost £2 million year-on-year dip in shareholder funds – as debts to creditors increase more than £2m.
