The cost of a packet of cigarettes will not rise after a spring statement, it has been confirmed today.
The smokers will not have to pay more for cigarettes because the chancellor did not announce plans to increase the prices in his announcement.
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Chancellor Rachel Reeves made her spring statement at The Commons Commonscredit: Pa
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Cigarette packing price will remain in the amount of £ 16.78: PA
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Average price of packs of 20 King Size Cigarettes in the UK over time
Rachel Reeves said the spring statement speaks of “improving the lives of people.”
She added, “Working people still feel a pinch after the prices of live crises where prices were spiral.”
Instead of increasing the tax, a spring statement focused on reducing consumption for well -being.
She said, “If you can work, you should work … More than 1,000 people qualify for PIP every day.
“And one of eight young people is not in employment, education or training.”
The increase in tobacco duties is not foreseen because the Government confirmed that last October it would increase once a year in the budget, which is usually held in the fall.
Prices will grow annually on the basis of a measure of the index of retail prices (RPI), plus an additional 2%.
The price of a fagot pack is currently £ 16.78 after increasing in October with £ 16 and £ 14.39 before then.
Comes when the government seeks to discourage people from smoking cigarettes and crying.
The Government plans leaked last year, and later confirmed by Keir Starmer revealed that ministers wanted to ban smoking in the pubs of the pub and outside the football stadiums as part of a wider conflict.
One -time use rpm could be banned in Keir Starmer’s plans to take up their use after smoking at Pub Gardens
The Prime Minister said, “My starting point is to remind everyone that over 80,000 people lose their lives every year for smoking.
“It is a death that can be prevented, it is a huge burden for the NHS and, of course, it is the burden of a taxpayer.”
In the meantime, Mrs. Reeves confirmed in the autumn budget that a lump sum duty would be applied to the cry of the fluid from October 2026.
They will see a new £ 2.20-pound crying tax 10ml e-cigarette fluid from next fall.
A new law prohibiting the sale of one -off ripenings to protect the health of children also enters into force of June 1, 2025.
But the rolling can be repaid will remain available while doctors use them to help people stop smoking.
What is a tobacco duty?
Tobacco tobacco is a tax charged with companies that make or import cigarettes in the UK.
Key announcements in a spring statement include:
- No new tax increases: The chancellor has excluded the further increase in taxes and committed to reducing tax avoidance, with the aim of collecting an additional £ 1 billion.
- Growth reduced it by 2025: Oblio halved the prognosis of GDP growth for the next year from 2% to only 1%.
- Planning growth reforms: It is expected that new housing policies will increase GDP by 0.6 percent in the next decade.
- Home attack: 1.3 million homes expected for five years, and construction has reached a 40-year maximum.
- £ 2.2 billion pounds for defense: Additional funds have confirmed to help fill 2.5 percent of GDP defense defense. Innovation Fund in the amount of £ 400 million: supporting new technologies like drones and AI for the front line.
- Shelfial Shake-up: Targeted Employment and Social Welfare Reform Support to reduce consumption.
When the tax is raised, the cost is transferred to consumers who have to pay more for tobacco products in stores.
Cigarettes’ price is usually increased with inflation every year, unless the chancellor intervenes to freeze the rates.
The previous increase was discovered in March last year, when the price of a cigar package increased to an average of £ 16.
What is the spring statement?
Author: Ryan Sabey, Deputy Political Editor:
Rachel Reeves makes a spring statement – almost fifty years after the first such “mini budget” was delivered.
The statement, which has been delivered to both autumn and spring over the years, began in 1976 at the end of the year.
The law changed in 1975 to ensure that there are two economic forecasts every year, because opposition lawmakers and the public could monitor state plans.
Rachel Reeves insisted that every year there will be just one major fiscal event with a budget planned for autumn – so this year there is no tax or reduction increase.
Her predecessor Gordon Brown kept a budget in the fall and every fall submitted a pre -range report that gave an update about the country’s finance state.
Fast forward by 2010, and George Osborne, a chancellor until 2016, founded the Budget Responsibility Office to provide an independent forecast.
They were also there to dissect the state of the economy – producing five -year forecasts twice a year.
However, the latter did not ask for the prognosis of the short -term Prime Minister Liz Truss 2022, despite their mini -budget containing a number of tax reductions caused by the market fall.
Former Chancellor Jeremy Hunt introduced a one -time increase of £ 2 per 100 cigarettes or 50 grams of tobacco.
Before that, prices increased in November 2023. For 7.4% – or £ 1,08.
This took the price of an average package of 20 cigarettes to £ 15.67 with £ 14.59.
Tobacco taxation is a large income for the Government.
Another estimates that tobacco duties will collect 8.7 billion billion for the Government in the 2024/25 tax year.
What does this spring statement mean to Rachel Reeves?
Ryan Sabey, Deputy Political Editor
Rachel Reeves tries to switch any guilt from himself and the Labor Government as he struggles with a slow economy.
The chancellor tells MPs that the “world has changed” which means that he has to take drastic actions when it comes to consumption and well -being.
The problem of Mrs. Reeves and Sir Keir Starmer is that they have set up their mission “number one”, and, to put it mildly, stops.
The Independent Guardian says that the growth forecasts have been halved for this year, and the financial space for the head has erased – hence the savings that will be entered elsewhere.
But for Mrs. Reeves puts it all in a very tight place, insisting that he will adhere to his iron coating rules – with up to £ 15 billion savings.
Tories and commentators target fire because it did not help itself because the growth fell.
They point out that the person who has decided to go for a $ 40 billion tax rational in October budget – with £ 25 billion fell on the shoulders of business.
The upcoming tariff war under the leadership of Donald Trump could easily get the government out of the way unless a limited trade agreement can be achieved.
Rachel Reeves will push any possible departure to switch it to the line before starting next week to give her some breathing space.
But we could go back to Square One Autumn with a budget to balance books – with speculation, the tax and the Whitehall department, which scratchs around for a larger savings, could occur.
Read our live blog for all the latest spring statement updates.
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