Wednesday 23rd November 2022

(2 years, 1 month ago)

Lords Chamber
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Lord Markham Portrait Lord Markham (Con)
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There are a number of ways we can tackle this, price, obviously, being one of the main ways, along with taxation. The noble Lord will be aware that we increase the tax by 2% every year, and cigarettes prices here are now the highest in Europe. We are still providing funding of £73 million per year to help 100,000 people stop smoking. But it is not always money that counts. Anti-smoking campaigns, branding restrictions and taxation are all other elements which are proving successful.

Lord Palmer Portrait Lord Palmer (CB)
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My Lords, have His Majesty’s Government estimated the loss to the Treasury if England became smoke-free?

Lord Markham Portrait Lord Markham (Con)
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I am not aware of those figures, but the general feeling is that the savings to the health system would far outweigh them. I would always err in favour of doing everything we can to reduce smoking, whatever the impact on the tax we raise, because the savings on the health side are far, far greater.