Soubry’s £5 Billion Plainly Packaged Surprise for Osborne

“Super” Anna Soubry, as she is ironically known by embittered Tory colleagues, hasn’t fared too well in her ongoing spat with Ian Paisley Jr. Twice she has failed to answer his questions on the possibility of the Department of Health having to buy intellectual property rights from tobacco companies in order to pass plain packaging legislation. Apparently she has “an open mind” and is looking at the evidence, though for some reason is being coy about how much it would cost. Perhaps Guido can help her. Rewind back to the 2008 consultation and a Citigroup analyst warned that the government could end up having to give tobacco companies up to £5 billion in order for plain packaging legislation to be lawful. Soubry has the figures, for some reason she is keeping them quiet. She might want to mention this detail to the Chancellor…


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