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Britain’s government has proposed implementing some of the world’s strictest smoking rules by banning younger generations from purchasing cigarettes. If the proposal turns into law, the smoking age would increase by one year annually, potentially leading to a significant reduction in smoking among young people by 2040.
Prime Minister Rishi Sunak announced this plan during the Conservative Party conference, emphasizing the detrimental effects of smoking, which causes 1 in 4 cancer deaths in the UK. The government spends £17 billion (C$28.4 billion) each year on healthcare services related to smoking. In addition to tackling smoking, the government plans to address youth vaping, considering restrictions on flavors and descriptions of vapes, as well as regulating vape packaging.
Action on Smoking and Health, a campaign group, welcomed Sunak’s proposals, believing they could expedite the decline of smoking in society. However, the tobacco industry criticized the plan, claiming it poses a threat to adults’ rights and may fuel black market trade.
Implementation of the smoking policy would require parliamentary approval through a free vote, allowing lawmakers to vote according to their own beliefs rather than party policies. If passed, Britain would be the first country in Europe to follow in the footsteps of New Zealand in banning smoking for future generations.
Experts suggest that increasing the smoking age has proven effective in reducing smoking rates among young people worldwide. While the ban may have minimal short-term effects, it could gradually impact companies heavily reliant on British tobacco sales, such as Japan Tobacco and Imperial Brands. Shares in Imperial Brands have already dropped by 3.2%, while shares in BAT, with lower exposure to the British cigarette market, fell by 1.2%.
Analyst Owen Bennett from Jefferies warns that the ban’s influence could become significant over time, as it would impact the 18-25 age group that currently accounts for approximately 10% of adult smokers in the UK. There is also a risk that other nations, like Denmark, may follow suit, as many countries have set targets to reduce smoking to minimal levels in the near future.
In conclusion, if Britain’s proposed smoking ban becomes law, it could revolutionize smoking regulations and potentially trigger a global movement towards a smoke-free future.
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