Price of cigarettes will NOT rise as Rishi Sunak leaves tobacco duty out of his 2021 Budget

Price of cigarettes will NOT rise as Rishi Sunak leaves tobacco duty out of his 2021 Budget after hiking cost by 22p a pack in November Tobacco duty will rise in line with inflation, Treasury announced earlier today It follows an increase back in November that saw the cost of tobacco rise by 22p  Tobacco … Read more

British American Tobacco hikes dividend after profits rise 10%

British American Tobacco becomes latest firm to hike its dividend after posting a 10% rise in annual profits By Daily Mail City & Finance Reporter Published: 22:04 GMT, 17 February 2021 | Updated: 22:04 GMT, 17 February 2021 British American Tobacco (BAT) is the latest firm to hike its dividend after a 10 per cent … Read more

British American Tobacco adds three million more modern product users

British American Tobacco adds three million more vaping and oral product users as sales of tobacco continue to plunge BAT’s revenues dipped 0.4% to £25.78bn, partly due to falling tobacco demand The group is aiming to achieve £5billion in sales from new categories by 2025 Travel curbs and South Africa’s temporary ban on tobacco sales hit … Read more

SFO drops investigation into British American Tobacco

Serious Fraud Office drops investigation into British American Tobacco over allegations it bribed government officials in Africa By Daily Mail City & Finance Reporter Published: 21:50 GMT, 15 January 2021 | Updated: 21:50 GMT, 15 January 2021 The Serious Fraud Office has dropped its investigation into British American Tobacco (BAT) over allegations it bribed government … Read more

Serious Fraud Office drops corruption probe into British American Tobacco

Serious Fraud Office drops corruption probe into British American Tobacco due to insufficient evidence after it was accused of paying bribes in east Africa The Serious Fraud Office started an investigation into British American Tobacco The probe was launched in 2017 concerning bribery allegations in Africa  After three years, the SFO said there was not … Read more

Peter Billingsley reveals a prop guy gave him real chewing tobacco in A Christmas Story

One of the many go-to holiday movies for many families is the beloved 1983 classic A Christmas Story, with Peter Billingsley shedding new light on an iconic scene. The film followed Billingsley’s character Ralphie, who desperately wanted a Red Ryder BB gun, to the point where he even dreamed about being a sheriff and using … Read more

Sales of cigarettes and tobacco products rise during lockdown

Lockdown Britons light up: Sales of cigarettes and tobacco products have risen during the pandemic By Daily Mail City & Finance Reporter Published: 22:00 BST, 8 October 2020 | Updated: 22:00 BST, 8 October 2020 Britons are smoking their way through the coronavirus crisis. Sales of cigarettes and other tobacco products have unexpectedly risen during … Read more

UK’s largest pension fund ditches coal, tobacco and arms manufacturing

UK’s largest pension fund cuts out ‘financially unsuitable’ coal, tobacco and arms manufacturing By Daily Mail City & Finance Reporter Published: 21:50 BST, 1 June 2020 | Updated: 22:09 BST, 1 June 2020 The Universities Superannuation Scheme is to ditch investments in sectors including coal, tobacco and arms manufacturing The UK’s largest private sector retirement fund … Read more

MARKET REPORT: American vaping retreat lights up tobacco stocks

London’s leading tobacco firms lit up the stock market after US authorities announced a less extreme crackdown on e-cigarettes than they had been expecting. Footsie stalwarts British American Tobacco and Imperial Brands had been bracing for a blanket ban on e-cigarette flavours. The US government will eliminate fruit, dessert and mint flavours to curb what … Read more

Tobacco companies have been ‘developing accessories’ that circumvent the menthol ban

Tobacco companies have been working on new accessories that bypass the UK’s ban on menthol cigarettes, which comes into force this week, according to a new study. UK researchers say tobacco companies have used a four-year period to prepare for the ban by developing new products such as menthol filters and ‘flavour cards’ that make … Read more