Retailers could see a price hike on vapes in the coming months, as speculation suggests the government is set to announce a new tax.
According to reports by The Mirror, the cost of vapes could increase by at least a quarter, with plans to be formally unveiled in the Budget on 6 March.
The move comes after prime minister Rishi Sunak revealed plans to crack down on youth vaping. Proposals included a generational tobacco ban and restricting the flavours and appearance of vapes to make them less appealing to children.
The consultation was launched as a result of concerns for both the environment and underage vaping, and included exploring whether increasing the price of vapes will ‘reduce the number of young people using them’.
A government response from the consultation is expected ‘imminently’, while popular brands Elfbar and Lost Mary have already taken action and dropped a number of ‘dessert’ flavours from their lines. A spokesperson at Elfbar said renaming and phasing out of flavours is to limit the vapes’ “appeal to children”.
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