Imperials Brands Stocks Fall Due to UK E-cigarette Tax

Regulations by 2FIRSTS.ai

Feb.28.2024

Imperials Brands Stocks Fall Due to UK E-cigarette Tax

British tobacco stocks hit by e-cigarette tax; FTSE 100 slightly down 1.28 points to 7683.02. Imperials Brands sees biggest drop.

According to a report by the UK media outlet Standard, British tobacco stocks have been affected by the tax on e-cigarettes. The UK's FTSE 100 index fell slightly by 1.28 points, or 0.02%, to 7683.02 points.

Empire Brand experienced the largest drop in stock price of the day, falling by approximately 5%. Reports have suggested that the UK government is considering announcing a new tax on e-cigarettes in next week's budget announcement.

According to analysis, this recent drop did not have a significant impact on the overall market trend. Despite the minor decline, it does reflect the subtle changes in the current market.

References:

[1] FTSE 100 flat as tobacco shares knocked by vaping tax reports

Also Read:

[1] Imperial Brands: Neutral Performance with Positive Investor Sentiment

[2] UK Government to Implement New Tax Policy on E-cigarettes

[3] UK Government Bans Sales of Disposables, Tobacco Stock Prices Plummet

[4] Analysis of Imperial Tobacco Stock: Good Rating, Neutral Outlook

[5] Imperial Brands Faces Pressure to Further Cut Dividends

[6] Imperial Brands Reports Strong Annual Performance in FY2023

[7] Imperial Brands PLC Hits New 52-week Low

#Europe #E-cigarettes #E-liquids #Open system e-cigarettes #United Kingdom #Market #UK #E-cigarette Taxes #E-cigarette #Brands #E-cigarettes and Tobacco #The United Kingdom

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

China Opens 2026 National E-Cigarette Standards Project for Public Submissions

The State Administration for Market Regulation (SAMR) and the State Tobacco Monopoly Administration (STMA) jointly announced the launch of the 2026 National Standardization Project for E-cigarettes. The initiative, coordinated by the National Technical Committee on Standardization of E-cigarettes, aims to enhance the industry’s regulatory framework through new standards on manufacturing, storage, distribution, and evaluation.

Nov.27 by 2FIRSTS.ai

BAT expands facial age-estimation checks: over 600 stores covered in Europe, targeting 1,000 by year-end

BAT has partnered with the Channel Islands Co-operative Society and Yoti to pilot facial age estimation in 10 Coop stores across Jersey. Customers scan a QR code and take a selfie; the system instantly deletes the image and returns only a yes/no against a minimum age threshold (set at 20) for the pilot. BAT already uses Yoti in 600+ stores across Europe and plans to reach 1,000 by year-end.

Oct.22 by 2FIRSTS.ai

COP11 Concludes with Major Decisions on Global Tobacco Control

The Eleventh Session of the Conference of the Parties (COP11) to the WHO Framework Convention on Tobacco Control (FCTC) concluded in Geneva on November 22, with 160 Parties adopting major decisions on tobacco and nicotine regulation, environmental protection, sustainable financing, and tobacco industry liability. A landmark decision mandates a complete ban on the use and sale of tobacco and all novel nicotine products across all UN premises worldwide.

Nov.24 by 2FIRSTS.ai

Imperial Brands FY25 Results: NGP Net Revenue Up 13.7%, Americas Surges Nearly 70%

Imperial Brands reported FY25 NGP net revenue of £368 million, up 13.7% at constant currency. Growth in the Americas accelerated sharply, with NGP revenue up 69.8%, driven by the expansion of the modern oral brand Zone. Europe delivered 8.8% growth, supported by blu’s double-digit vapour share across key markets. Adjusted NGP operating losses narrowed to £76 million, putting the category closer to breakeven.