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...Another source of revenue will come from excise taxes for alcohol and tobacco, which will triple in 2024....
..., such as Germany and Portugal — the UK hospitality sector gave the chancellor’s alcohol duty freeze a lukewarm reception....
...Core inflation, which strips out energy, food, alcohol and tobacco, declined to 4.2 per cent in March from 4.5 per cent in the previous month. Analysts had expected a decline to 4.1 per cent....
...Core consumer price inflation — excluding energy, food, alcohol and tobacco — remained steady at 5.1 per cent, although the services component edged up slightly from 6.4 per cent to 6.5 per cent....
...But would a Labour government raise alcohol duty or introduce minimum pricing in England? Would it tax unhealthy food? Would it license tobacco retailers?...
...In spite of so much customisation, a surprising majority of couples want the stationery to feature their pets and, even more prosaic, alcohol....
...The chancellor also announced a 10 per cent hike on duty on hand-rolling tobacco....
...and alcohol sales....
..., tobacco, petrol and diesel products as well as airline ticket and hotel costs, to assist the central bank and economists to more accurately forecast quarterly headline inflation.Corporate results: Japan...
...“The government should learn from tobacco policy and take bolder steps to prevent poor health from other leading risk factors such as alcohol and junk food,” said Adam Briggs, senior policy fellow at the...
...Indian telco Bharti Airtel and Japan’s Daiichi Sankyo, Denso, Japan Tobacco, Mitsubishi Electric and Mitsui & Co announce second-quarter earnings....
...He has also spoken publicly about struggling with alcohol and drug addiction....
...The reading — double the BoE’s inflation target — was driven by increases in alcohol and tobacco prices and exceeded the 3.8 per cent forecast by economists in a Reuters poll....
...ASIC alleges that the many funds and companies have failed to live up to their own ethical claims to exclude investments in fossil fuels, tobacco and gambling companies and in some cases Russian investments...
...Core inflation — which excludes energy, food, alcohol and tobacco — remained steady at 5.1 per cent....
...However, goods inflation slowed to 2.5 per cent, while price growth for processed food, alcohol and tobacco also slowed to 5.9 per cent....
...Simon Clark, director of the lobby group Forest, which is funded by the tobacco industry, said: “Anyone who wants to smoke will buy tobacco abroad or from illicit sources.”...
...The jump was caused largely by increases in alcohol and tobacco prices. The news tempered hopes that the BoE would cut interest rates in the near future....
...Although inflation accelerated to 4 per cent in December from 3.9 per cent in the previous month, driven by higher tobacco and alcohol costs, it was still well below the BoE’s latest forecast....
...Core inflation, which strips out volatile food, energy, alcohol and tobacco prices, also declined to 6.9 per cent from a 31-year high of 7.1 per cent in the previous month....
...Growth in the prices of food, alcohol and tobacco slowed to 6.9 per cent, decelerating from 7.4 per cent a month earlier and a peak of 15.5 per cent earlier this year....
...Climate campaigners want regulators to crack down on this type of advertising in the same way they have for tobacco and alcohol companies....
...There will also be a one-off tobacco duty increase, which will preserve the “financial incentive to switch away from smoking”....
...More worrying for price stability is that core inflation, excluding food, alcohol, tobacco and energy prices, jumped from 6.2 per cent to 6.8 per cent, underlining the danger that high inflation remains...
...In DM economies, core inflation — defined as consumer prices excluding food, energy, alcohol, and tobacco — has fallen from a peak pace of 6% (3mma) to 4% today, while core inflation in EMs has retraced...
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