Community Pharmacies

Emma Reynolds Excerpts
Monday 17th October 2016

(8 years, 1 month ago)

Commons Chamber
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David Mowat Portrait David Mowat
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As I said, that is our intention. Our belief is that the package in its entirety, which we will announce shortly, will actually enhance the role of pharmacies in providing services.

Emma Reynolds Portrait Emma Reynolds (Wolverhampton North East) (Lab)
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How many community pharmacies will close as a result of these cuts?

David Mowat Portrait David Mowat
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We do not believe that any community pharmacies will necessarily close as a result of these cuts. That will depend on a number of factors. [Interruption.] I will answer the question, which is fair. It depends on the margin they make from their pharmacy activities and on the additional margin they make from their retail activities. Given that 65% of all pharmacies are owned by public companies or private equity, it depends on the position those organisations take to their businesses. That is very hard to predict.