Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

UK aims to pass law to ban branding on cigarette packs before May

Published 22/01/2015, 12:23
© Reuters. A man smokes in his car in London
UK100
-
BATS
-
IMB
-
PM
-
MO
-
LO
-
2914
-

By Andrew Osborn

LONDON (Reuters) - The British government plans to introduce a law before May forcing tobacco firms to sell cigarettes in plain packets without branding in England, ending years of debate and lobbying.

The move, aimed at improving public health and cutting the number of child smokers, is likely to crimp tobacco firms' profits and would emulate Australia, which two years ago enacted a groundbreaking law forcing cigarettes to be sold in plain olive green packaging with images showing the damaging effects of smoking.

Cigarette sales have dropped in Australia since plain packaging was introduced on Dec. 1, 2012, prompting Britain to act before its national election in May even as Australia battles international legal challenges from other countries and manufacturers.

Jane Ellison, a junior minister in Britain's health ministry, said introducing plain packaging was "a proportionate and justified response" because of the health risks associated with smoking.

"In doing so we would be bringing the prospect of our first smoke-free generation one step closer," she said in a statement.

The new law, which is likely to be approved comfortably, would take effect in 2016.

The government previously said it wanted to ban cigarette branding but would hold a final consultation, stirring suspicion it wanted to further delay legislation.

Tobacco firms have fiercely resisted the new law, saying plain packs infringe on intellectual property rights covering brands and will only increase counterfeiting and smuggling.

"Legal action is always a last resort but when legislation is published we will be considering our options," said a spokesman for Imperial Tobacco. Philip Morris International (N:PM), the world's largest tobacco company and maker of Marlboro cigarettes, has already indicated it would be prepared to sue the government.

Shares in tobacco groups drifted down on Thursday morning, with FTSE 100 group Imperial Tobacco down 1.3 percent.

The opposition Labour Party welcomed the move, but criticised the government for moving too slowly after MPs voted for the change almost a year ago. Wales, Scotland and Northern Ireland will need to consent to legislation introduced in England.

Around 3.4 percent fewer cigarettes were sold in Australia in 2013, compared with 2012, according to Treasury Department data. The government had previously withheld data on sales to protect commercially sensitive information, and has yet to release the figures for 2014.

A quintet of tobacco-producing nations -- Indonesia, Cuba, the Dominican Republic, Honduras and Ukraine -- are challenging the Australian law at the World Trade Organization. Hearings are due to begin in May with a decision unlikely before 2016.

© Reuters. A man smokes in his car in London

Philip Morris Asia Ltd is contesting the packaging issue in the international Permanent Court of Arbitration under Australia's bilateral investment treaty with Hong Kong. The court ruled last year Australia could challenge Philip Morris' right to contest the laws on the grounds the company only bought shares in its Australian arm to bring the case.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.