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The £4bn tax loss from counterfeit ciggies

Jim Riley

22nd December 2009

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A good investigation here into the rapid growth of the counterfeit cigarette market in the UK…

The cost in lost tax revenues is estimated at around £4bn per year - leaving aside the significant health costs arising from the consumption of illegal tobacco.

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.