• iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK News
    • US News
    • Australia
    • Ireland
    • World News
    • Weird News
    • Viral News
    • Sport
    • Technology
    • Science
    • True Crime
    • Travel
  • Entertainment
    • Celebrity
    • TV & Film
    • Netflix
    • Music
    • Gaming
    • TikTok
  • LAD Originals
    • FFS PRODUCTIONS
    • Say Maaate to a Mate
    • Daily Ladness
    • UOKM8?
    • FreeToBe
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube

LAD Entertainment

YouTube

LAD Stories

Submit Your Content
Predicted cost of cigarettes as pack of 20 set to hit highest ever price next week

Home> News> UK News

Updated 12:30 27 Feb 2024 GMTPublished 12:31 27 Feb 2024 GMT

Predicted cost of cigarettes as pack of 20 set to hit highest ever price next week

The cost of cigarettes is reportedly expected to skyrocket ahead of the Spring Budget.

Mia Williams

Mia Williams

The cost of cigarettes are expected to skyrocket to their highest price ever ahead of the Spring Budget.

Chancellor Jeremy Hunt is reportedly expected to announce the Spring Budget on 6 March in the House of Commons, which could see a radical increase in the price of cigarettes.

Last year, Hunt added £1.55 to a pack of 20 cigarettes - with the price increasing by 12 percent.

Hand-rolling tobacco also increased by 10.1 percent, The Independent reported, and the decision wasn't very received well - with Simon Clark, the director of the smoker's campaign group, Forest, calling it 'heartless' and 'cruel' to 'punish' smokers during the cost of living crisis.

Advert

And it appears that the same could be happening again.

Price of cigarettes increased last year by 12 percent.
Andres Siimon/Unsplash.

The average cost in the UK currently stands at £14.39, making Britain one of the most expensive places to smoke in the whole of Europe.

The average cost for 20 in Netherlands is around £7, with Germany charging even lower at £6.50.

Prime Minister Rishi Sunak also announced last year that he plans to increase the smoking age by one year every year to effectively make it sure that young people will not be able to legally purchase them in hopes of a 'smoke-free generation'.

Advert

He also included in his plans to ban disposable vapes in order to crackdown on the use of vapes by children and young people.

Next month's budget will see the predicted cost of a packet of 20 cigarettes set to be over £16 following the budget announcement next week, The Sun reports.

A pack of 20 cigarettes could reportedly increase to over £16.
Getty Stock Photo

It has also been reported that the ban on disposable vapes will be apparent across the UK by 2025, which Which? reports could possibly be included in the Spring Budget.

But experts have warned that this increase will lead to more sales on the black market, according to the outlet.

Advert

Sarah Connor from JTI UK said: “Unreasonable tobacco taxes fuel criminal sales of illegal tobacco, cost taxpayers’ money and drive-up inflation.”

While Head of Lifestyle Economics at the free market think tank, Christopher Snowdon, claimed that the government's approach to vapes had 'become an incoherent mess'.

According to HMRC, an estimated £9.3 million in tax revenue had been lost as a result of illegal tobacco sales.

The HMT spokesperson told I News that they 'do not comment on speculation around tax changes outside of fiscal events'.

LADbible has contacted HMT for further comment.

Featured Image Credit: Getty Stock Photos

Topics: Health, Politics, UK News, Vaping

Mia Williams
Mia Williams

Mia is a freelance writer for LADBible, and an award-winning trainee journalist at the UK’s No.1 journalism school, News Associates.

X

@mia_francessca

Advert

Advert

Advert

Choose your content:

27 mins ago
an hour ago
2 hours ago
  • NewsX
    27 mins ago

    'Weed affectionate' influencer breaks silence after being accused of running 'drug trafficking and money laundering network'

    Melissa Said has been arrested after being accused of running a drug ring

    News
  • GoFundMe/Marcela Montalva Iriarte
    an hour ago

    Woman left with a broken neck after being attacked by a magpie

    Marcela Montalva Iriarte was in Australia on a working holiday when the incident happened

    News
  • Bonnie Cash/UPI/Bloomberg via Getty Images
    2 hours ago

    Kamala Harris reveals White House plans as Trump eyes third term

    The former Vice-President ran against Donald Trump in 2024

    News
  • NASA
    2 hours ago

    Harvard scientist claims tail 'grown' by 'potentially hostile threat' could be alien activity

    Scientists continue to monitor comet 3I/ATLAS

    News
  • Millions of workers in UK will get a pay rise from next week
  • Full list of 59 car types that could see drivers hit with £2,745 yearly price rise
  • Dad who completed marathon in honour of son walks 100k with 20kg weight
  • Timeline shows what happens to your body when you quit vaping as UK introduces vaping ban