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

62.5% of Vapers Still Use Disposables; 82% for Ages 25–34, Survey Finds
62.5% of Vapers Still Use Disposables; 82% for Ages 25–34, Survey Finds
Vape retailer Haypp reports that 62.5% of vapers still use disposable vapes, rising to 82% among those aged 25–34. 35% of disposable users say they are still buying disposables. Black-market purchases reportedly come mainly from local smaller shops (55%) and specialist vape stores (37%), as well as supermarkets, online retailers and car boot sales. 78.5% of respondents are using pre-ban stock, posing safety risks from aging lithium-ion batteries; 14% plan to continue buying disposables,.
Oct.23 by 2FIRSTS.ai
FDA Rolls Out Online PMTA Platform, a Move That 2Firsts Analysts Say Could Pull Grey-Market Products Toward Formal Compliance
FDA Rolls Out Online PMTA Platform, a Move That 2Firsts Analysts Say Could Pull Grey-Market Products Toward Formal Compliance
FDA’s launch of a web-based PMTA system signals faster reviews and, 2Firsts experts say, a possible inflection point for the U.S. e-cigarette market’s shift out of the grey zone.
Dec.04
Philip Morris International and an Italian Design Brand Launch Limited-Edition IQOS Collaboration, Debuting in Japan Before Expanding to 13 Travel Retail Markets
Philip Morris International and an Italian Design Brand Launch Limited-Edition IQOS Collaboration, Debuting in Japan Before Expanding to 13 Travel Retail Markets
Philip Morris International (PMI) has partnered with Italian design brand Seletti on a limited-edition IQOS collaboration, unveiled at Milan’s Pirelli HangarBicocca. The collection features two models, launching first in Japan before rolling out to 13 global travel retail markets. PMI says the partnership leverages design and cultural storytelling to advance its smoke-free transition.
Oct.28 by 2FIRSTS.ai
France proposes tax on e-liquid in latest budget plan: 30 to 50 euro cents per 10 ml bottle
France proposes tax on e-liquid in latest budget plan: 30 to 50 euro cents per 10 ml bottle
France to introduce tax on e-cigarette liquid in new budget proposal, with rates ranging from 30 to 50 euro cents per 10ml.
Oct.15 by 2FIRSTS.ai
Breaking News | China’s Premier Li Qiang Issues Rare Directive to Crack Down on Illicit Tobacco Activities
Breaking News | China’s Premier Li Qiang Issues Rare Directive to Crack Down on Illicit Tobacco Activities
Based on combined reporting from Xinhua and Xinwen Lianbo, 2Firsts reports that Chinese Premier Li Qiang has issued a rare directive at a State Council executive meeting to launch comprehensive, full-chain enforcement against illicit tobacco activities.
News
Dec.05
Call2Recycle Expands Vape Recycling in Canada, Bringing Cannabis Devices Into Quebec-Wide Program
Call2Recycle Expands Vape Recycling in Canada, Bringing Cannabis Devices Into Quebec-Wide Program
Call2Recycle Canada, the country’s battery stewardship organization, is expanding its vape recycling program in Quebec to include cannabis vape devices, strengthening the safe recovery of embedded batteries and device materials. Backed by government bodies, producers and other stakeholders, the initiative aims to reduce landfill waste and create a scalable model for other Canadian provinces.
Dec.03 by 2FIRSTS.ai