Tobacco: Excise Duties

(asked on 20th February 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the answer of 12 February 2026 to UIN 111207, what assessment her Department has made of the potential impact of applying the £2.20 one-off tobacco duty increase in addition to the RPI+2% escalator on CPI inflation.


Answered by
Dan Tomlinson Portrait
Dan Tomlinson
Exchequer Secretary (HM Treasury)
This question was answered on 26th February 2026

The independent Office for Budget Responsibility (OBR) are responsible for estimating the impact of Government policies on inflation. The OBR did not include an assessment of the contribution of tobacco excise duty including the one-off increase to inflation in the November 2025 Economic and Fiscal Outlook.

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