Competition and Markets Authority
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May- 2025 -30 MayVeterinary
Which?: Owners face ‘David and Goliath battle’ resolving vet complaints
Pet owners are facing a “David and Goliath battle” in order to resolve vet complaints as the current system is “designed to protect vets”, according to Which?. The consumer champion found that in a survey of over 1,000 pet owners who have faced some kind of problem with their vet…
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27 MayVeterinary
BVA brands CMA proposals ‘disproportionate’ and ‘unworkable’
The British Veterinary Association (BVA) has called the Competition and Markets Authority’s (CMA) potential remedies working paper “disproportionate and in some cases unworkable”. The trade body has raised “serious concerns” that the remedies are disproportionate to the issues they seek to address and will unfairly impact smaller independent practices. It…
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1 MayVeterinary
CMA unveils potential ‘remedies’ in vet working paper
The Competition and Markets Authority (CMA) has unveiled its working paper with potential “remedies” as part of its investigation into the veterinary sector in the UK. The CMA has reaffirmed the need to reform the “outdated” Veterinary Surgeons Act 1966 which has been welcomed by the British Veterinary Association (BVA).…
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Mar- 2025 -18 MarchVeterinary
RCVS appoints new junior vice president
The Royal College of Veterinary Surgeons (RCVS) has announced the appointment of Tim Hutchinson MRCVS as its new junior vice president. Hutchinson is a small animal veterinary surgeon based in South Oxfordshire. He is also a managing partner of Larkmead Vets and also a director at the independent veterinary community…
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11 MarchVeterinary
NOAH welcomes CMA vet inquiry
The National Office of Animal Health (NOAH) has welcomed the Competition and Markets Authority’s (CMA) latest working papers, published as part of its inquiry into the provision of veterinary services for household pets, but warned of the potential impact of any changes. A key concern raised by NOAH is the…
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Feb- 2025 -26 FebruaryBusiness
Pets at Home share price rises amid takeover rumours
Pets at Home has seen its share price rise over 17% today (26 February) amid rumours that private equity firm BC Partners is preparing a bid, according to reports from City AM. A series of bidcos were registered on 24 February with pug in the name sparking speculation that they…
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Jan- 2025 -20 JanuaryGovernment & Legislation
Pets at Home CEO warns Budget will effect part-time workers and women
Pets at Home CEO Lyssa McGowan has warned that the changes to National Insurance in the Budget will negatively impact part-time workers and women. McGowan stated in an interview with Mail on Sunday that Pets at Home faces an £18m increase in costs. The National Insurance contribution threshold will be…
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Oct- 2024 -4 OctoberVeterinary
CVS PBT dips 37.1% to £38.2m
UK veterinary services provider CVS has reported a 37.1% decline in its profit before tax to £38.2m (2023: £60.7m) despite a 9.9% increase in revenues to £647.3m for the year ended 30 June 2024. The group attributed this drop to an increase in business combination costs, finance expense and depreciation…
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Jul- 2024 -10 JulyVeterinary
CMA launches next step in vet services probe
The Competition and Markets Authority (CMA) has published an issues statement, which sets out the inquiry group’s initial theories on what might be affecting competition in the vets sector and the potential solutions or ‘remedies’ that could be considered. The news follows the launch of its market investigation into the…
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May- 2024 -23 MayVeterinary
CMA presses ahead with full investigation into vets market
The CMA has today (23 May 2024) confirmed its decision to launch a market investigation into the £5bn veterinary sector and published tips to help pet owners struggling with vet costs now. The news follows an initial review last September which prompted 56,000 responses to a call from pet owners…
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