Question to the HM Treasury:

To ask His Majesty's Government whether they will publish the current price elasticities used to make forecasts of the tobacco and vaping markets.

I refer the noble Lord to the answer I gave him on 4 June 2025 to question HL7693 reproduced below.

The Office for Budget Responsibility (OBR) publish details of their tobacco tax receipt forecast in the Economic and Fiscal Outlook (EFO) publication and forecast methodology page [1]. The OBR will provide further information on their analysis on request.

[1] https://obr.uk/forecasts-in-depth/tax-by-tax-spend-by-spend/tobacco-duties/