Bans Could Cost £Billions and Jobs

August 06, 2024 by planetofthevapes.co.uk

Bans Could Cost £Billions and Jobs

Evapo's analysis of the 2025 disposable vape ban predicts a potential £2.8 billion economic loss and 18,000 job cuts, highlighting the vaping industry's significant contribution to the UK economy. Removing disposable vapes may hinder smoking cessation efforts, increase NHS costs, and fuel illicit markets. International bans have led to a surge in illegal vape products, posing health risks and depriving governments of tax revenue. CEO Andrej Kuttruf urges policymakers to consider these impacts carefully to safeguard both the economy and public health.

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12.90% of the adult population are current smokers. There are approximately 7.2 million current smokers in United Kingdom 14.60% of men are current smokers but only 11.20% of women.
SOURCE: GSTHR

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