Veterinary costs across the United Kingdom have surged by as much as 63% in recent years, prompting the country's competition watchdog to step in with sweeping reforms aimed at protecting pet owners from rising bills and hidden charges.
Between 2016 and 2023, average vet service prices have seen a spike of more than 60% according to data obtained by The Guardian. The Competition and Markets Authority (CMA) said its two-and-a-half-year investigation into the £6.7 billion veterinary sector uncovered concerns about pricing transparency and competition. 'There is not strong competition between veterinary businesses,' the CMA noted.
