Blog

The £4bn tax loss from counterfeit ciggies

Jim Riley

22nd December 2009

A good investigation here into the rapid growth of the counterfeit cigarette market in the UK…

The cost in lost tax revenues is estimated at around £4bn per year - leaving aside the significant health costs arising from the consumption of illegal tobacco.

Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

You might also like

Daily Email Updates

Subscribe to our daily digest and get the day’s content delivered fresh to your inbox every morning at 7am.

Signup for emails

© 2002-2025 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.