UK Government Considering Tobacco Tax Increase, Raising Cost of a Pack to £16

Regulations by 2FIRSTS.ai
Mar.01.2024
UK Government Considering Tobacco Tax Increase, Raising Cost of a Pack to £16
UK government considering tobacco tax increase in upcoming budget, potentially raising cost of a pack to £16, sparking controversy.

  According to The Sun report, the UK government may increase tobacco taxes in next week's budget, meaning smokers could potentially see the price of a 20-pack of cigarettes rise to £16.

 

Chancellor Jeremy Hunt is planning to increase taxes next week. In recent years, the UK government has been striving to make the country smoke-free, leading to a sharp rise in tobacco prices. Currently, the average price for a pack of 20 cigarettes is around £14.39, while in Germany, the same pack averages only £6.50. However, the cost of nicotine is expected to reach a new high in less than a week. The news of the price increase has caused a stir on social media, with many expressing their concerns on various platforms.

 

A Facebook user wrote: "Okay, I'm going to quit smoking." Another user reminisced about the past, writing: "I remember when a pack of 10 cigarettes used to cost only £2.15, times have really changed."

 

The measures are expected to provide the government with approximately £500 million in budget. Many people, both smokers and non-smokers, are angry about the upcoming tobacco price hike. One internet user wrote, "I never smoke, but I can see that the price of a pack of cigarettes could rise to £16. For those who smoke, this is a huge burden."

 

In addition, industry experts warn that this measure could have unintended consequences. Sarah Connor, from Japan Tobacco International's UK division, stated: 

 

"Unreasonable tobacco taxes fuel illegal sales of tobacco, waste taxpayers' money, and inflate prices."

 

Life economist Christopher Snowden added, "The government's position on e-cigarettes has become a mess. They claim to want to crackdown on disposable e-cigarettes, but are actually taxing reusable e-liquids. While the government offers free e-cigarettes through the 'Swap to Stop' program, they are making it unaffordable for those willing to pay."

 

He pointed out, "The government claims it wants to reduce the tax burden, but appears to be eager to tax smoking."

 

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

PMI’s Smoke-Free Business Accounts for 43% of Net Revenues in Q1 as Full-Year EPS Guidance Rises
PMI’s Smoke-Free Business Accounts for 43% of Net Revenues in Q1 as Full-Year EPS Guidance Rises
On April 22, 2026, Philip Morris International released its first-quarter 2026 results. The report showed net revenues of $10.146 billion, up 9.1% year on year; adjusted diluted EPS of $1.96, up 16.0%; and smoke-free products accounting for 43% of total net revenues. Based on first-quarter performance, the company raised its 2026 full-year adjusted diluted EPS forecast to $8.36 to $8.51, or $8.11 to $8.26 excluding currency.
Apr.23 by 2FIRSTS.ai
New Movement Emerges on EU Tobacco Excise Directive as Cyprus Tables Compromise Draft
New Movement Emerges on EU Tobacco Excise Directive as Cyprus Tables Compromise Draft
The long-stalled debate over the European Union’s Tobacco Excise Directive may be moving forward, with Cyprus, as holder of the EU Council presidency, putting forward a compromise draft. The reported proposal includes lowering the minimum excise duty requirement and granting a transitional period, with the aim of reaching political agreement by June 2026. The revision also covers e-cigarettes, heated tobacco, nicotine pouches and stronger controls on raw tobacco.
Apr.21 by 2FIRSTS.ai
China Tobacco International (HK) Announces FY2025 Results: Revenue Reaches HK$14.58 Billion, Up 11.5% Year-on-Year
China Tobacco International (HK) Announces FY2025 Results: Revenue Reaches HK$14.58 Billion, Up 11.5% Year-on-Year
China Tobacco International (HK) Company Limited announced its audited results for the year ended December 31, 2025. Revenue was HK$14.58 billion, profit before taxation was HK$1.28 billion, and profit attributable to owners of the Company was HK$0.98 billion, with basic and diluted EPS of HK$1.42. The Board proposed a final dividend of HK$0.33 per share; together with an interim dividend of HK$0.19 per share, the full-year dividend totaled HK$0.52 per share.
Mar.06 by 2FIRSTS.ai
KT&G Approves Plan to Establish Guatemala Branch as First Local Base in Central and South America
KT&G Approves Plan to Establish Guatemala Branch as First Local Base in Central and South America
KT&G has approved a plan to establish a branch in Guatemala, which will serve as its first local base in Central and South America. The company is currently preparing office space, staffing, and operating systems. KT&G said the branch is intended to secure a regional distribution base and will focus on local channel management and new sales channel expansion. Meanwhile, overseas cigarette revenue in 2025 exceeded the domestic share for the first time.
Mar.09 by 2FIRSTS.ai
EVO NXT: two days, four zones, countless opportunities
EVO NXT: two days, four zones, countless opportunities
Mar.30
Poland Seizes 223,688 Disposable Vapes Without Required Excise Marks
Poland Seizes 223,688 Disposable Vapes Without Required Excise Marks
Poland’s Customs and Tax Service in Łódź carried out an inspection at a property near Zgierz and seized 223,688 disposable e-cigarettes without the required excise markings.
Apr.07 by 2FIRSTS.ai