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...Non-nicotine vape liquid will be taxed at £1 per 10ml, according to the draft plans....
...British American Tobacco is to write down the value of some of its US cigarette brands by £25bn because of economic headwinds damaging sales in its biggest market....
...BAT announced this month it would use the proceeds of a £1.7bn sale of a small portion of its stake in Indian conglomerate ITC to restart its share buyback programme, beginning with £700mn of buybacks this...
...The government also plans to hold a free vote on world-first plans to ban the sale of cigarettes for anyone born on or after January 1 2009....
...And Sandler and Dano make an oddly touching, 10-legged double act. ★★★☆☆ In US cinemas now and on Netflix from March 1...
...Dubens bought over £660,000 worth of shares last week, adding to more than £2.2mn worth of purchases made in November. He now owns 11.1 per cent of the company....
...Altria, which owns the rights to manufacture Marlboro cigarettes in the US, announced a $1bn share buyback last week and London-listed Imperial Brands has an ongoing £1.1bn share buyback scheme....
...They would like to think that they can build a sustainable future selling vapes and snus (oral smokeless tobacco) from the embers of their traditional cigarette business....
...Now just 57 out of the 347 Conservative MPs have opposed banning everyone born after January 1 2009 from smoking in any circumstances (178 were in the “aye” lobby and 106 had no vote recorded)....
...“It doesn’t take long for the fire to reach 1,000 degrees Celsius — it’s a matter of minutes,” said Maxwell....
...(Overall vape sales in the UK accounted for more than £1.3bn in 2021.)...
...The value of retail sales rose by an annual rate of 2.7 per cent in November, well below the 12-month average of 4.1 per cent....
...Imperial generated £2.6bn after capex in 2022, equivalent to 17 per cent of its market value. Its new £1.1bn buyback is enough to retire more than 7 per cent of the stock....
...The factory employs 700 workers directly, and about 1,400 in the wider supply chain....
...The government has proposed a three-tier structure, of £1 per 10ml for nicotine-free liquids, £2 per 10ml on liquids that contain the same or less nicotine per ml than an average cigarette and £3 per ml...
...to anyone born after January 1 2009 and slashed the number of stores selling tobacco by 90 per cent to only 600 outlets....
...In the year to the end of July, £1.3bn of disposable e-cigarettes were sold in Britain, according to NielsenIQ data....
...“Prohibiting the sale of cigarettes to future generations of adults won’t stop people smoking,” he said, “it will simply drive the sale of cigarettes underground and into the hands of criminal gangs.”...
...In the year to the end of July, £1.3bn worth of disposable e-cigarettes were sold in Britain, according to NielsenIQ data....
...Authorities in the British territory seized 1.6mn cigarettes and made 12 related arrests last year....
...Rapper ArrDee has an entertainingly lairy turn on “Liquor and Cigarettes”, a stomping rave track with co-production by Hedex, another younger figure from the UK drum-and-bass scene. ★★★★☆ ‘2 Ruff Vol 1...
...“This is like a cigarette company trying to solve lung cancer by making cigarettes more efficiently,” he added....
...According to analysts who cover the noodle-makers, the pattern of buying has shifted revealingly in America’s sub-$1-per packet market....
...James demurred when asked about the group’s stance on Hamas, which killed about 1,200 Israelis on October 7 — including hundreds of young people at a music festival....
...Nearly 1,500 foreign companies have either curtailed or completely withdrawn from Russia since the invasion, as of September 3, according to data collected by the Kyiv School of Economics....
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