New Market Research Report: Tobacco in the United Kingdom
Overall value sales of tobacco increased above inflation, supported by rising prices and rising taxes, although volume sales remained static. Sales continued to be hit by the smoking ban and higher prices, as well as the ongoing economic uncertainty. The taxation situation continued to frustrate a number of manufacturers, as the government continued to apply its cigarette duty escalator, which was relaxed on alcohol. Volume sales remained trapped in the long term decline of recent years, as...
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