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› People › KPMG and Philip Morris
Person · entity profile
KPMG and Philip Morris
3
source-backed facts
1 publication
Finance
Business
finance · City PM
£4.5bn tax loss due to black market cigarettes in the UK
“£4.5bn to the country’s tax losses”
4.5 bn
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Source ↗
business · City PM
1.5bn more black‑market cigarettes were consumed last year compared to 2024, bringing the total to 10bn
“1.5bn more black-market, tax-free cigarettes were consumed by UK smokers last year compared to 2024, bringing the total to 10bn”
1.5 bn
10 bn
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business · City PM
13% of black‑market cigarettes were legally purchased abroad and 32% were counterfeit
“13 per cent legally purchased abroad and 32 per cent counterfeit”
13 %
32 %
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