Smoker's Budget - Autumn Budget 2024 Updates

Update on 30 October @ 14:00

The Government confirmed an increase in their autumn budget:

  • Increase on tobacco products based on the escalator, currently the RPI of 2.7% + 2% = 4.7%
  • Duty increase of 10% on hand rolling tobaccos
  • An UNCONFIRMED one-off increase on tobacco products

The Government, as usual, haven't been completely clear on how this may affect Cigarettes, Cigars and Pipe Tobaccos - but we do know they're already subject to the escalator.

What that means for you

In short, prices are going up. The minimum increase is 14.5%, without any other one-off increases or manufacturers price increases. Here's an example of how prices will change:

Old Price New Price Increase
Marlboro Gold 30g £18.60 £21.29 £2.69
Auld Kendal 30g £20.50 £23.45 £2.95
Golden Virginia Yellow 50g £35.95 £41.61 £5.21

Prices frozen
We are holding our prices until increases are confirmed, and while stocks last!


29 October 2023 @ 11:00

The new Labour Government have announced their autumn budget will take place on Wednesday 30 October. Last year, smokers were hit with a whopping 20% increase on cigarettes and hand rolling.

Us smokers are the usual targets to help the Gov plug their the black hole in their finances, and we're expecting a substantial increase in duties again this year.

Here's a reminder of the whopping increases smokers saw in last year's budget:

Product 2023 Increase
Amber Leaf 30g Increased by £4.08
Golden Virgina 30g Increased by £4.11
Sterling 30g Increased by £3.47

 

We're locking our prices until midnight on Tuesday 29 October.

We'll keep this article updates with the latest announcements from the Government.

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