Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksImperial Brands Share News (IMB)

Share Price Information for Imperial Brands (IMB)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,939.50
Bid: 1,943.50
Ask: 1,944.00
Change: -26.00 (-1.32%)
Spread: 0.50 (0.026%)
Open: 1,963.50
High: 1,963.50
Low: 1,939.50
Prev. Close: 1,965.50
IMB Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK smoking ban for younger generations passes first parliamentary hurdle

Tue, 16th Apr 2024 19:29

LONDON, April 16 (Reuters) - British Prime Minister Rishi Sunak's plan to ban anyone aged 15 and under from ever buying cigarettes passed its first parliamentary vote on Tuesday, although dozens of his own lawmakers voted against it.

Sunak's plan to impose some of the world's strictest anti-smoking rules has angered some members of his governing Conservative Party, including former prime ministers Liz Truss and Boris Johnson, who say the state should not interfere in how people live their lives.

The bill passed a vote in Britain's parliament with 383 in favour and 67 against, meaning it will progress to the next stage in parliament, where it can be subject to amendment.

Lawmakers were given a so-called free vote on the bill, meaning they did not have to vote along party lines. A similar law in New Zealand was scrapped this year by the new coalition government before the legislation went into force.

But 57 Conservatives, including Business and Trade Secretary Kemi Badenoch, voted against the plan, and the scale of the rebellion was another blow for Sunak, who has already faced criticism in his party over issues ranging from climate change to defence policy.

The legislation is one of Sunak's flagship policies before an election later this year which opinion polls suggest the opposition Labour Party will win.

The Tobacco and Vapes Bill aims to prevent children born since 2009 from ever being able to legally buy tobacco, rather than criminalising the habit.

Sunak has said it will tackle "the single biggest entirely preventable cause of ill-health, disability and death".

PUBLIC SUPPORT

About 6.4 million people were smokers in the UK in 2022, the Office for National Statistics has estimated, around 13% of the adult population.

That is much lower than other European countries such as Italy, Germany and France, where between 18%-23% of adults smoke, according to OECD figures.

There is strong support for the ban from medical and healthcare experts and charities, who say smoking causes 80,000 deaths every year plus many more smoking-related illnesses.

Polling by YouGov also suggests a smoking ban is popular, with a third of voters supporting the phased approach, 30% supporting a ban for everyone at the same time and only a quarter saying there shouldn't be any ban.

The plans have hit the share price of companies like L&B cigarette maker Imperial Brands, which has highlighted the UK as one of its key markets.

It and other tobacco companies like Dunhill maker British American Tobacco have criticised the proposed ban, saying it could fuel black market trade and will be difficult to enforce.

Business minister Badenoch said she was not a smoker and agreed with Sunak's intentions, but said she opposed the bill as she was concerned about its impact on people's rights and difficulty in enforcing the policy.

"We should not treat legally competent adults differently in this way, where people born a day apart will have permanently different rights," she said on social media platform X. (Reporting by Sarah Young; additional reporting by Emma Rumney, Paul Sandle and Alistair Smout, Editing by Kate Holton, Timothy Heritage, Gareth Jones and Jonathan Oatis)

More News
20 May 2024 10:20

Pressures are building for Imperial Brands, says Jefferies

(Sharecast News) - Jefferies has lifted its target price for Imperial Brands following a strong set of first-half results from the cigarette, tobacco and vape group last week, but has maintained a 'hold' rating, saying that pressures are building for the company.

Read more
17 May 2024 21:36

IN BRIEF: Imperial Brands exec sells GBP276,060 worth shares Wednesday

Imperial Brands PLC - London-based tobacco and nicotine products company - Chief Supply Chain Officer Javier Huerta sells 14,000 shares at GBP19.72 each on Wednesday. Worth GBP276,060.

Read more
17 May 2024 09:06

LONDON BROKER RATINGS: Jefferies says buy Tritax Big Box post merger

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

Read more
16 May 2024 15:47

UK dividends calendar - next 7 days

Friday 17 May 
AB Dynamics PLCdividend payment date
Barratt Developments PLCdividend payment date
Breedon Group PLCdividend payment date
Cairn Homes PLCdividend payment date
Direct Line Insurance Group PLCdividend payment date
Drax Group PLCdividend payment date
Finsbury Growth & Income Trust PLCdividend payment date
IMI PLCdividend payment date
Impact Healthcare REIT PLCdividend payment date
JPMorgan Japan Small Cap Growth & Income PLCdividend payment date
JPMorgan US Smaller Cos Investments Trust PLCdividend payment date
Kenmare Resources PLCdividend payment date
Luceco PLCdividend payment date
Morgan Advanced Materials PLCdividend payment date
Primary Health Properties PLCdividend payment date
Seneca Growth Capital VCT PLC - Class Bdividend payment date
Standard Chartered PLCdividend payment date
Monday 20 May 
Airea PLCdividend payment date
Ascential PLCex-dividend payment date
hVIVO PLCdividend payment date
Invesco Bond Income Plus Ltddividend payment date
Jupiter Fund Management PLCdividend payment date
Murray International Trust PLCdividend payment date
Tuesday 21 May 
Bridgepoint Group PLCdividend payment date
HgCapital Trust PLCdividend payment date
Lloyds Banking Group PLCdividend payment date
Old Mutual Ltddividend payment date
Wednesday 22 May 
Central Asia Metals PLCdividend payment date
Eurocell PLCdividend payment date
Harbour Energy PLCdividend payment date
London Stock Exchange Group PLCdividend payment date
Man Group PLCdividend payment date
Merchants Trust PLCdividend payment date
Phoenix Group Holdings PLCdividend payment date
Smith & Nephew PLCdividend payment date
Softcat PLCdividend payment date
Thursday 23 May 
abrdn Equity Income Trust PLCex-dividend payment date
AEW UK REIT PLCex-dividend payment date
Andrews Sykes Group PLCex-dividend payment date
Aptitude Software Group PLCex-dividend payment date
Avingtrans PLCex-dividend payment date
Bellway PLCex-dividend payment date
BlackRock Greater Europe Investment Trust PLCex-dividend payment date
BlackRock Smaller Cos Trust PLCex-dividend payment date
Bluefield Solar Income Fund Ltdex-dividend payment date
Burford Capital Ltdex-dividend payment date
Cardiff Property PLCex-dividend payment date
Coca-Cola Europacific Partners PLCdividend payment date
ConvaTec Group PLCdividend payment date
CRH PLCex-dividend payment date
DCC PLCex-dividend payment date
Diploma PLCex-dividend payment date
Diversified Energy Co PLCex-dividend payment date
Empresaria Group PLCex-dividend payment date
Fintel PLCex-dividend payment date
Grainger PLCex-dividend payment date
HICL Infrastructure PLCex-dividend payment date
HSS Hire Group PLCex-dividend payment date
Imperial Brands PLCex-dividend payment date
ITV PLCdividend payment date
JPMorgan UK Smaller Cos Investment Trust PLCex-dividend payment date
Keywords Studios PLCex-dividend payment date
Lords Group Trading PLCex-dividend payment date
ME Group International PLCdividend payment date
Mincon Group PLCex-dividend payment date
NextEnergy Solar Fund Ltdex-dividend payment date
Nexus Infrastructure PLCex-dividend payment date
Niox Group PLCex-dividend payment date
Savills PLCspecial dividend payment date
Scottish American Investment Co PLCex-dividend payment date
Secure Trust Bank PLCdividend payment date
Sequoia Economic Infrastructure Income Fund Ltddividend payment date
Spire Healthcare Group PLCex-dividend payment date
TI Fluid Systems PLCex-dividend payment date
Town Centre Securities PLCex-dividend payment date
Town Centre Securities PLCex-dividend payment date
Tritax Big Box REIT PLCex-dividend payment date
Tritax EuroBox PLC EURex-dividend payment date
Tritax EuroBox PLC GBPex-dividend payment date
UIL Ltddividend payment date
Weiss Korea Opportunity Fund Ltdex-dividend payment date
Whitbread PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
16 May 2024 09:57

LONDON BROKER RATINGS: Barclays raises Travis Perkins to 'overweight'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

Read more
15 May 2024 15:00

London close: Stocks green as US inflation comes in cooler

(Sharecast News) - London markets ended on a positive note on Wednesday, with strong showings from the likes of Experian and Imperial Brands, as investors digested slower-than-expected consumer inflation figures out of the United States.

Read more
15 May 2024 11:59

LONDON MARKET MIDDAY: FTSE 100 hits record ahead of US inflation data

(Alliance News) - The FTSE 100 in London hit a fresh record on Wednesday, as investors shake off nerves ahead of a key US inflation reading this afternoon.

Read more
15 May 2024 10:07

Imperial Brands confident as non-smoke products deliver in first half

(Alliance News) - Imperial Brands PLC on Wednesday said revenue and profit had dipped in the first half of its financial year, though progress in its non-cigarette lines had given the company confidence in its long-term prospects.

Read more
15 May 2024 07:34

Imperial Brands reiterates full-year outlook despite profits dip

(Sharecast News) - Tobacco giant Imperial Brands reiterated its full-year outlook on Wednesday, despite a fall in interim profits and sales.

Read more
8 May 2024 15:52

UK earnings, trading statements calendar - next 7 days

Thursday 9 May 
Balfour Beatty PLCTrading Statement
Derwent London PLCTrading Statement
Flutter Entertainment PLC Trading Statement
Harbour Energy PLCTrading Statement
IMI PLCTrading Statement
ITV PLCTrading Statement
John Wood Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Spire Healthcare Group PLCTrading Statement
Synthomer PLCTrading Statement
Wheaton Precious Metals CorpQ1 Results
Friday 10 May 
CRH PLCQ1 Results
International Consolidated Airlines Group SAQ1 Results
Rightmove PLCTrading Statement
TBC Bank Group PLCQ1 Results
Monday 13 May 
Cerillion PLCHalf Year Results
Diploma PLCHalf Year Results
HgCapital Trust PLCQ1 Results
Huddled Group PLCFull Year Results
Team Internet Group PLCQ1 Results
Victrex PLCHalf Year Results
Tuesday 14 May 
Angling Direct PLCFull Year Results
Currys PLCTrading Statement
DCC PLCFull Year Results
Flutter Entertainment PLCQ1 Results
Greggs PLCTrading Statement
Marston's PLCHalf Year Results
On The Beach Group PLCHalf Year Results
Renew Holdings PLCHalf Year Results
Treatt PLCHalf Year Results
Virgin Money UK PLCTrading Statement
Vodafone Group PLCFull Year Results
Wednesday 15 May 
Britvic PLCHalf Year Results
Burberry Group PLCFull Year Results
Compass Group PLCHalf Year Results
Creo Medical Group PLCFull Year Results
Experian PLCFull Year Results
Imperial Brands PLCHalf Year Results
Keller Group PLCFull Year Results
Lords Group Trading PLCFull Year Results
Marshalls PLCTrading Statement
Spirax-Sarco Engineering PLCTrading Statement
Titon Holdings PLCHalf Year Results
TP ICAP Group PLCTrading Statement
Tui AGHalf Year Results
Vertu Motors PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
26 Apr 2024 20:32

Biden administration delays plan to ban menthol cigarettes

April 26 (Reuters) - The Biden administration on Friday delayed its plan to ban menthol cigarettes, a move that reflected the potential for a political backlash from Black voters in an election year.

Read more
22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
9 Apr 2024 15:12

London close: Stocks slip ahead of ECB, US inflation print

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

Read more
9 Apr 2024 08:46

Imperial Brands says on track for first-half and full-year guidance

(Alliance News) - Imperial Brands PLC on Tuesday confirmed business is in line with its guidance for the first-half and its full financial year, saying both tobacco and next-generation-product revenue growth is ahead of a year before.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.