Reports suggest LloydsPharmacy considering closure of all 1,300 branches, including Suffolk stores

The owner of the LloydsPharmacy chemists chain has reportedly put all of its 1,300 branches at risk of closure, with high streets in Suffolk potentially set to lose their pharmacies.

A report in The Sun today suggested the company had launched a "strategic review," with the sale of all branches – or even their closure – under consideration.

Lloyds has branches in Bury St Edmunds, Mildenhall, Thetford, Sudbury, Haverhill and Ipswich.

The firm, which runs 10 per cent of UK pharmacies, has suffered significant financial losses in recent years.

Among other issues, this has been attributed to the rising cost of pharmaceuticals.

Lloyds last year revealed plans to close 76 stores, and it has already announced it will shut 237 of its Sainsbury's outlets by the end of 2023.

A spokesperson for Lloyds said: "Like all retail businesses, LloydsPharmacy regularly reviews its pharmacy estate to ensure it is operating sustainably and any decision to sell stores is taken in the interests of patients, colleagues and the business.

"At all times, patient safety remains our top priority ensuring that our customers and patients are always able to access vital prescriptions, health advice, products and services."