Markets
Tobacco firms see £1bn wiped off value in wake of Rishi Sunak’s planned crackdown
The British prime minister plans to introduce a new law banning tobacco sales to anybody born on or after January 1, 2009
Shares in British American Tobacco (BAT) and Imperial Brands fell in the wake of an announcement of a crackdown on smoking by Rishi Sunak, the British prime minister.
Sunak told the Conservative Party conference that he plans to introduce a new law banning tobacco sales to anybody born on or after January 1, 2009. He also pledged to crack down on the sale of disposable vapes to children.
Dunhill and Lucky Strike owner British American ...