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In the tobacco world, Camels are like vanilla ice cream: inoffensive to all and smoked by die-hard fans

Around 80% of the world's 1.2 billion tobacco users live in low- and middle-income countries Nicotine is highly addictive and harmful, particularly for children, adolescents and young adults whose brains are still developing

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Chief Executive Tadeu Marroco described the move as accounting catching up with reality. While he did not believe cigarettes would disappear in 30 years, he said it was no longer possible to justify an indefinite value for those brands equating to around $80 billion on BATs balance sheet