THE SUN: THE price of a pack of cigarettes will have risen by 90p after a hike was confirmed in the government's Autumn Statement.
On Wednesday in the House of Common, Chancellor Rachel Reeves revealed a range of plans relating to tax rises, benefits and pension payments.
The Chancellor said that tobacco duty would increase by the standard Retail Price Index (RPI) - a measure of inflation - plus 2%.
The government used the RPI rate of 3.65%, which is the Office for Budget Responsibility's forecast for the inflation rate in quarter two of 2025.
It means the cost of a 20 pack will rise by 5.65% - or 90p - at 6pm this evening.
The average price of a 20-pack of cigarettes in September was £15.88, according to the ONS - and it will rise to £16.78 tonight. » | Olivier Marshall, Senior Consumer Reporter | Wednesday, October 30, 2024
