Tobacco tax has risen by 5.3 per cent as a result of today's Budget.
It could have been worse. The Chancellor introduced a tobacco escalator for tobacco two (three?) years ago and last year he increased duty by five per cent above inflation.
This year he's gone back to two per cent over inflation.
Forest has issued this statement:
"We are disappointed that the Chancellor has not scrapped the above-inflation rise in tobacco tax.
"Increases in the cost of tobacco hit those who can least afford it the most.
"The only people cheering tonight will be criminal gangs who can look forward to more people buying cigarettes on the black market.
"This will lead to a further loss of revenue for the government at a time when the country can least afford it."
At least beer duty has been cut (by 1p) and the fuel duty rise has been scrapped.
Update: Thanks to Clemmy for pointing out that ASH aren't happy. Not such a bad day, then!