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."

 

Notice

1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.

2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.

3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.

Copyright

This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.

This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.

JTI UK Launches 3 New Nordic Spirit Nicotine Pouch Flavors
JTI UK Launches 3 New Nordic Spirit Nicotine Pouch Flavors
Japan Tobacco International has announced the launch of three new Nordic Spirit nicotine pouch flavors in the UK: Raspberry, Tropical Mix, and Forest Berries. The new products are designed to enhance sensory experience by improving flavor release speed and moisture levels. They are now available to both independent retailers and major chains.
May.13 by 2FIRSTS.ai
Five Key Takeaways from the E-Cigarette Regulatory Press Conference: Stricter Oversight, Production Control, and Crackdown on Grey Market — In-Depth Analysis by 2Firsts’ Alan Zhao on Policy Logic and Industry Impact
Five Key Takeaways from the E-Cigarette Regulatory Press Conference: Stricter Oversight, Production Control, and Crackdown on Grey Market — In-Depth Analysis by 2Firsts’ Alan Zhao on Policy Logic and Industry Impact
Ahead of World No Tobacco Day, China’s tobacco regulator signaled a push for stricter e-cigarette oversight at a press conference. 2Firsts CEO Alan Zhao noted that regulation is entering a deeper phase, with new focus on export re-entry, international pressure, and the inclusion of herbal vapor products. Authorities also vowed to crack down on illegal operations and unapproved projects.
May.30 by 2FIRSTS.ai
From “2+10” Market Saturation to Prime Time: CFU Vaping Experience Offers a New Compliance Blueprint
From “2+10” Market Saturation to Prime Time: CFU Vaping Experience Offers a New Compliance Blueprint
At Vaper Expo UK, CFU Vaping Experience launched Prime 2ML, a superior alternative to traditional disposables, and Prime 10ML, a compliant solution for legal big puff. MixIn, the first smart hybrid device combining harm reduction with enhanced flavor, provides a viable option for smokers. Through technological innovation, CFU has brought sustainable solutions to the industry, leading it into a new “Prime Time.”
May.12
UK Disposable Vape Ban Spurs Stockpiling and Black Market Concerns
UK Disposable Vape Ban Spurs Stockpiling and Black Market Concerns
The UK is set to ban the sale of disposable vapes starting June 1, but surveys show that 82% of disposable vape users plan to stock up before the ban takes effect, while 34% say they would consider buying illicit disposable products.
May.19 by 2FIRSTS.ai
Youth Vaping Rates Plummet: Canadian Vaping Association Urges Shift to Adult Harm Reduction Strategies
Youth Vaping Rates Plummet: Canadian Vaping Association Urges Shift to Adult Harm Reduction Strategies
Youth vaping in Canada has dropped to 7.2%, down nearly 50% from 2019, the Canadian Vaping Association says. It calls for a policy shift to support adult smokers in switching to safer alternatives.
May.22
Alabama Convenience Store Group Sues Over New E-Cigarette Law, Citing Discrimination and Youth Access Concerns
Alabama Convenience Store Group Sues Over New E-Cigarette Law, Citing Discrimination and Youth Access Concerns
Alabama has passed HB8, banning flavored e-cigarette sales in convenience stores and limiting them to adult-only vape shops. The state’s convenience store association (P&CMA) says the law will hurt small businesses and has filed lawsuits claiming it discriminates against stores and fails to effectively prevent youth access.
May.30 by 2FIRSTS.ai