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News update # 7
Research conducted by the Retailers Against Smuggling pressure group says 36% of retailers had considered reducing staff and 38% had considered closing shop after losing revenue to illegal tobacco peddlers. Also, approximately 40% had been offered to purchase illegal and fake cigarettes for their business. In the U.K cigarettes are smuggled in from Latvia (cigarettes cost a fraction of the price they do in the U.K); similarly illegal tobacco products are smuggled in to the U.S from Mexico. The sell of illegal cigarettes has sky rocketed in the last few years in response to high taxation.
Research conducted by the Retailers Against Smuggling pressure group says 36% of retailers had considered reducing staff and 38% had considered closing shop after losing revenue to illegal tobacco peddlers. Also, approximately 40% had been offered to purchase illegal and fake cigarettes for their business. In the U.K cigarettes are smuggled in from Latvia (cigarettes cost a fraction of the price they do in the U.K); similarly illegal tobacco products are smuggled in to the U.S from Mexico. The sell of illegal cigarettes has sky rocketed in the last few years in response to high taxation.
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