Financial Times FT.com

UK Budget 2005

Cigarette price hikes lower than expected

By Peter John

Published: March 16 2005 14:46 | Last updated: March 16 2005 14:46

A smaller than expected rise in the price of cigarettes and inflation-only increases in beer and wine has failed to appease the industry.

However, the chancellor of the exchequer’s decision to freeze petrol duty and some vehicle tax was well-received.

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