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These measures will raise nearly 1bn per year by the end of the forecast period.' The new vaping levy follows a previous pledge by the Conservative government to do so, with the latest increases coming into effect from April 2025 ahead of a planned ban of single-use disposable e-cigarettes next June

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Introduction Everybody recognises that smoking produces detrimental effects on both the lungs and the heart

Even after the government opened the tobacco industry in 1988, the firm never lost its position to global competitors including Phillip Morris International, British American Tobacco and Japan Tobacco International