RE: Community Pharmacy Funding Settlement 2024/25 & 2025/26
Dear Member,
We’ve now received the confirmed
funding settlement for the next two years – and while there’s a long way to go, this package includes a significant uplift in funding and some much-needed reforms. Please see a context summary and a snapshot of changes attached.
Here’s what you need to know:
1.
Funding Headlines
• 2025/26 CPCF baseline: £3.073bn (+19.7% vs 2023/24)
• Pharmacy First budget: £215m
• Total uplift: 31.9%
vs 2023/24
• Medicines margin increased to £900m; £193m of historic over-delivery written off
This means an extra 19p per item in fees and roughly 9p in margin
2. Service
Updates
2.1) Pharmacy First
• Fees up to £17 per clinical consultation (NHS 111 stays at £15)
• New monthly payment
bands from June: £500 (20–29 consults), £1,000 (30+)
• Bundling requirements phased in:
• June 2025: Must be registered for PCS & HCFS
•
Oct 2025: Must deliver 1x ABPM/month
• Mar 2026: Must deliver a set number of contraception consults/month (TBC)
2.2) Contraception Service:
• Fee up to £25 per consult from Apr 25
• Emergency contraception (EHC) added from October 2025 (£20 + drug cost)*
2.3) Hypertension from Apr 25 :*
• Clinic check drops to £10 (reduced from £15)
• ABPM fee increases to £50.85
2.4) NMS:
• Simplified to include £14 for part completed NMS
• Depression added from Oct 2025
2.5) Smoking Cessation:
Skill mix and PGD
updates coming
3. PQS 2025/26
• Smaller scheme with familiar domains worth around £3,066
• Aspiration payments (£2,300)
available in May
• Includes mental health training, sepsis audit, palliative care and more
4. Regulatory & Operational Changes
• Fewer audits and health campaigns
• Practice leaflets, prescription signatures, and staff references scrapped
• Easier to change core opening hours –
subject to new criteria
• DSPs restricted from providing Enhanced/Advanced services on premises (from Oct 2025)
• NMS can’t be subcontracted
Important: The Government acknowledges the funding gap and sees this as a first step toward sustainability. There’s also a pledge to continue reviewing Pharmacy First, medicines margin, and payment models.