A question on #Tobacco #ExciseDuties tabled by Lord Rennard on 20-05-2025 has been answered by Lord Livermore.

Heading: Tobacco: Excise Duties
Question ID: 1804794
UIN: HL7692
House: Lords
Date tabled: 2025-05-20
Asking Member ID: 2484
Asking Member display name: Lord Rennard
Asking Member handle: LordRennard
Asking Member Twitter reference: @LordRennard
Member interest: false
Question text: To ask His Majesty's Government what assessment they have made of the extent to which tobacco industry pricing strategies undermine the objectives of the minimum excise tax and tobacco excise tax to reduce smoking prevalence.
Is named day: false
Date of holding answer:
Date answered: 2025-06-03
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4559
Answering Member display name: Lord Livermore
Answering Member handle:
Answering Member Twitter reference: Lord Livermore
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: Like most businesses across the economy, tobacco producers and retailers are free to set prices for their products. Evidence suggests that close to 100% of tax increases, and in many cases more, is passed through to consumers through prices. How this is d...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true