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Pin to quick picksBritish American Tobacco Share News (BATS)

Share Price Information for British American Tobacco (BATS)

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Share Price: 2,381.00
Bid: 2,383.00
Ask: 2,384.00
Change: -9.00 (-0.38%)
Spread: 1.00 (0.042%)
Open: 2,395.00
High: 2,397.00
Low: 2,378.00
Prev. Close: 2,390.00
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Ban flavoured vapes, WHO says, urging tobacco-style controls

Thu, 14th Dec 2023 15:35

LONDON, Dec 14 (Reuters) - The World Health Organization (WHO) on Thursday urged governments to treat e-cigarettes similarly to tobacco and ban all flavours, threatening cigarette companies' bets on smoking alternatives.

Some researchers, campaigners and governments see e-cigarettes, or vapes, as a key tool in reducing the death and disease caused by smoking. But the U.N. agency said "urgent measures" were needed to control them.

Citing studies, it said there was insufficient evidence that vapes helped smokers quit, that they were harmful to health and that they could drive nicotine addiction among non-smokers, especially children and young people.

More 13-15 year olds are using vapes than adults in all WHO regions helped by aggressive marketing, it continued.

"Kids are being recruited and trapped at an early age to use e-cigarettes and may get hooked to nicotine," said Tedros Adhanom Ghebreyesus, WHO Director-General, urging countries to implement strict measures.

The WHO called for changes, including bans on all flavouring agents like menthol, and the application of tobacco control measures to vapes. Those include high taxes and bans on use in public places.

The WHO has no authority over national regulations, and only provides guidance. But its recommendations are often adopted voluntarily.

The WHO and some other anti-tobacco organisations are pushing for stricter regulations on newer nicotine products, taking aim at the alternatives on which some cigarette giants like Philip Morris International and British American Tobacco are basing their future strategies.

Industry players like Imperial Tobacco and the UK Vaping Industry Association said vapes pose significantly lower health risks than tobacco and help reduce its harms, while flavours are key in encouraging smokers to switch - a position shared by some tobacco control advocates.

Cancer Research UK, for example, says that while e-cigarettes are not risk-free and should only be used to stop smoking, there is no good evidence they cause cancer, whereas smoking causes at least 15 different kinds.

"Regulating vapes like cigarettes would only serve to reinforce misunderstandings about the relative risks of vaping and send the wrong message to smokers," said Marina Murphy, senior director of scientific and medical affairs at vaping firm ANDS, adding the WHO's position was "detached from reality".

The WHO said while long-term health risks were not understood, vapes generated some substances known to cause cancer, posed risks to heart and lung health and could affect brain development in young people. (Reporting by Emma Rumney; Editing by Sharon Singleton and Mark Potter)

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26 Jul 2023 08:15

TOP NEWS: BAT interim profit up 73% as New Categories make progress

(Alliance News) - British American Tobacco PLC on Wednesday reported strong interim profit, thanks to New Categories, robust performance in combustibles and cost reduction.

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26 Jul 2023 08:02

Non-combustibles drive resilient first half for BAT

(Sharecast News) - British American Tobacco reported a resilient performance in its first-half results on Wednesday, maintaining its full-year guidance under a new chief executive.

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6 Jul 2023 15:46

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3 Jul 2023 08:52

TOP NEWS: Tesco picks Burberry and Tate & Lyle chair Murphy as chair

(Alliance News) - Tesco PLC on Monday named Gerry Murphy as its new chair from September 1.

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TOP NEWS: BAT makes transformation chief Vandermeulen new COO

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UK's FTSE 100 rises against weaker pound; BATS gains

BATS up after maintaining annual forecast

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6 Jun 2023 13:47

Director dealings: BAT, Diaceutics execs make investments

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IN BRIEF: British American Tobacco CEO Marroco buys 10,000 shares

British American Tobacco PLC - London-based maker of cigarettes and vaping products - Chief Executive Tadeu Marroco acquires 10,000 shares at GBP25.74 each, worth GBP257,386, in London on Tuesday. Marroco, who took over as CEO of BAT in May, provided his first trading update on Tuesday, saying he has no plan to change the strategy set out by the company in 2019.

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(Alliance News) - Stock prices in London were lower at midday on Tuesday, with the FTSE 100 hurt by share price falls for oil majors, while a less than stellar reading of the UK retail sector kept a lid on sentiment.

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