Thursday preview: IMPs, Moss Bros

Imperial Tobacco may well have something to say in its trading statement about the swingeing increase in duty on cigarettes announced in the recent Budget which is threatening to put a packet of 20 fags out of the price range of even the most determined teen-aged smoking addict.

Imperial Tobacco may well have something to say in its trading statement about the swingeing increase in duty on cigarettes announced in the recent Budget which is threatening to put a packet of 20 fags out of the price range of even the most determined teen-aged smoking addict.

A spokesman for the tobacco industry noted in the aftermath of the Chancellor of the Exchequer's decision to raise duty on tobacco products by 8% that it was the fourth large tax increase on tobacco since March 2010.

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