On 26 June the UK Department of Health released draft regulations for plain packaging on tobacco products which it proposes introducing in 2016. The government has not made a final decision on whether to introduce standard plain packaging yet, but if the draft regulations are adopted in their current form it will be credit negative for tobacco manufacturers including Philip Morris International Inc, or PMI (A2 stable), British American Tobacco plc, or BAT (A3 stable), […]
