- Pharmacy leaders are urging the government to increase funding for services to secure the long-term sustainability of the industry, which is facing severe financial pressures.
- Many pharmacists are resorting to extreme measures, including using personal savings and remortgaging their homes, to keep their businesses afloat amidst mounting financial struggles.
- A survey by Community Pharmacy England found that 45 per cent of pharmacies relied on personal savings or remortgages in the last year, and 37 per cent were unable to pay wholesaler bills on time.
- The National Pharmacy Association reported 72 pharmacy closures in England this year, equivalent to two per week, with 63 per cent of members fearing closure within 12 months without additional funding.
- Despite the Department of Health and Social Care announcing increased funding for 2025/2026, pharmacy owners believe the settlement is insufficient to bring financial stability to the sector.
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