Financial

Financial

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Financial

Pharmacy2U enjoys financial boost after unprecedented demand

A £7.2 million loss in 2020 was turned into a £100,000 profit before tax for the year ending March 2021

1 Min Article

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Financial

Boots profits fell by 254% in 2019-20

The 2019-20 financial year saw Boots' profits fall by more than 250 per cent compared to the previous year according to a Companies House report.

1 Min Article

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Financial

Boots profits down 11.5 per cent ‘due to Covid’

The last financial quarter saw Boots UK hit with a 9.1 per cent drop in retail sales and an 11.5 per cent drop in adjusted gross profit.

1 Min Article

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Financial

Pharmacy2U slashes its losses by £12 million

Pharmacy2U lost significantly less money in the year ending March 2020 than in the previous year, its latest annual report shows.

1 Min Article

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Financial

Rowlands’ losses more than double ‘due to Category M changes’

Rowlands attributes a £71.3m financial loss to Government decisions including changes to Category M reimbursement prices. 

1 Min Article

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GPhC

GPhC presses ahead with premises fee hike despite opposition

The GPhC is to increase its premises renewal fees by £103 from next April, despite two-thirds of consultation respondents opposing the plans. 

1 Min Article

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Financial

Lloyds embarks on restructure with possible redundancies

Hit by rising costs and falling income, LloydsPharmacy has told staff it will soon embark on a restructuring process that could spell redundancies. 

2 Min Article

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Financial

Cutting costs leads to profit boost for Lloyds parent company

LloydsPharmacy parent company McKesson saw a 16 per cent profit rise in its European division in the most recent financial quarter.

1 Min Article

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GPhC

Worrying number of pharmacies running a deficit

A recent analysis commissioned by GPhC suggests a worrying number of pharmacy businesses are operating at a deficit.

1 Min Article

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Financial

Lloyds axes 60 stores due to “exceptionally challenging” year

LloydsPharmacy closed or sold 60 branches last year amid an “exceptionally challenging” business climate.

1 Min Article

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