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The Latest Breaking News from BAT

Lucky Strike maker BAT to axe 5,500 jobs worldwide in €695m cost drive

British American Tobacco is cutting 5,500 jobs across the globe and handing thousands more roles to outside contractors, as the cigarette giant races to strip out costs and pivot towards vapes and nicotine pouches.

Euronews

British American Tobacco to cut thousands of jobs in AI cost-saving programme

The Lucky Strike and Dunhill cigarette maker's sales ‌and profit growth have been sluggish in recent years

The Independent UK

British American Tobacco to slash 9,000 jobs as it turns to AI

Dunhill maker to cut about a fifth of workforce, aiming to reduce costs and become more ‘technology enabled’

The Guardian - UK

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BAT to cut 9,000 jobs globally as the world lights fewer cigarettes

British American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reduction aims to cut costs and accelerate the company's pivot towards next-generation nicotine alternatives like vapes and pouches. The move, which includes outsourcing, is crucial for BAT's target of achieving substantial annual…

The Economic Times

Two British American Tobacco-linked entities receive Rs 3,896 crore ITC dividend in FY26

British American Tobacco's Indian entities received ₹3,895.74 crore in dividends from ITC in FY26, a slight decrease from the previous year due to reduced holdings. ITC also acquired trademarks from BAT for ₹403.61 crore. Transactions between ITC and BAT group companies, including sales of goods and services, saw an increase,…

The Economic Times

FTSE 100 falls as OpenAI delay report knocks tech

The FTSE 100 closed down 21.87 points, or 0.2%, at 10,508.02.

Evening Standard

Nicotine pouch sales surge among young people, watchdog warns

Flavoured, promoted on social media, discreet and unregulated: sales of addictive nicotine pouches are booming among youth. A global tobacco industry watchdog, STOP, warns that this could lead to a new wave of nicotine addiction.

Euronews

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Shopify to ban vapes as US authorities crack down on illegal e-cigarettes industry

Shopify is poised to ban all vape sales from its platform this week, responding to pressure from U.S. state attorneys general. This move targets the booming market for illegal e-cigarettes, which lack required licenses and pose public health risks. The ban, expected to impact online sales significantly, aims to curb…

The Economic Times

British American Tobacco hikes sales growth outlook for smokeless ranges

The group said its cigarette alternatives are now set for ‘mid-teens’ growth, up from previous guidance for a low double-digit increase.

Evening Standard

Can cigarette maker BAT’s aim to be a mainly ‘smokeless’ business pay off?

The issues facing the industry will come to the fore when the tobacco giant publishes its first half trading update on Tuesday.

Evening Standard

Can cigarette maker BAT’s aim to be a mainly ‘smokeless’ business pay off?

The issues facing the industry will come to the fore when the tobacco giant publishes its half year financial results on Tuesday.

Evening Standard

Someone Tried to Auction Their Aston Martin Motorcycle. It Didn't Go Well

A handful of years ago, Aston Martin teamed up with motorcycle manufacturer Brough Superior and debuted the AMB 001. It was highly limited, and extremely expensive, and now one just came up for auction and it didn't go the way the seller would've likely hoped.

RideApart

Public health advocates say more transparency needed in debate over illicit tobacco as industry links questioned

Former Australian Border Force officer Rohan Pike, who has been quoted extensively as an expert, also advises nicotine-industry-linked organisations

The Guardian - AU

BAT expected to cut jobs in plan to boost productivity

The FTSE 100 tobacco giant confirmed plans to pursue ‘productivity initiatives’ on Thursday as it reported stronger profits.

Evening Standard

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The Guardian - US

British American Tobacco accused of helping North Korea fund terrorism in lawsuit

Victims of terrorist attacks say BAT’s operations in North Korea helped fund weapons used in the Middle East

The Independent UK

BAT sees signs of recovery for Vuse in US amid crackdown on illicit vapes

The group said it has seen recent encouraging sales improvement for Vuse in the US over the past six months.

The Guardian - UK

‘Utter hypocrisy’: tobacco firm lobbied against rules in Africa that are law in UK

British American Tobacco pushed Zambian ministers to drop or delay ad bans, health warnings and restrictions on flavoured products, letter shows

The Guardian - UK

Peer trying to derail UK smoking ban discussed bill with relative at tobacco firm

Lord Strathcarron says he and an in-law ‘high up’ at British American Tobacco discussed bill, which he aims to weaken

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Evening Standard

BAT upbeat on sales as nicotine pouches surge in popularity

The group added another 1.4 million new customers of smokeless products in its first half.

The Independent UK

Now Trump’s tariffs hit America’s supply of vapes as prices set to skyrocket

Evening Standard

Demand for oral nicotine pouches growing fast, British American Tobacco says

The Velo brand is the fastest growing within BAT’s so-called ‘new category’, which includes non-tobacco products like vapes.

Evening Standard

FTSE 100 Live 03 June: OECD growth warning, KKR pulls out of Thames Water rescue

A slower global growth projection by the OECD today dampened investor sentiment during a lacklustre session for the FTSE 100 index.

The Guardian - UK

Penny Mordaunt takes job advising one of world’s largest tobacco firms

Former Tory leadership contender, who abstained on smoking ban vote last year, will work for British American Tobacco on ‘harm reduction’

The Independent UK

Tadeu Marroco: Why tobacco giant CEO’s pay is set to triple to £18m

Cigarette alternatives are a focus as well as the share price of BAT

Evening Standard

Fall for FTSE after BAT, Unilever and Barclays updates underwhelm

The FTSE 100 finished 42.72 points, or 0.49%, lower to end the day at 8,764.72.

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