Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Would a £10bn VAT cut really save hospitality?

      Business professionals discussing strategies in a modern office setting with diverse team collaboration visible

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Platitudes in women’s sport are empty, patronising and offensive

      Business professionals in a conference room discussing strategy with a presentation screen displaying key market trends.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Fogo de Chao nominated for Best Casual Dining Toast award

      Fogo de Chão restaurant exterior with vibrant signage and bustling entrance at popular city location

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Friday 23 September 2016 3:00 am

UK has the chance to be a leader in safer vice products post-Brexit such as e-cigarettes and synthetic alcohol, Adam Smith Institute argues

By: Francesca Washtell

Add as a preferred source on Google

The UK has the opportunity to become a “world leader” in reducing the risks of smoking and drinking by slashing regulation around safer vice products, a new paper has argued.

Think tank the Adam Smith Institute (ASI) has recommended the government replaces “self-defeating regulation” on products such as e-cigarettes and hangover-free synthetic alcohol with a system of “permissionless innovation”.

Scrapping EU regulations such as the Tobacco Products Directive, which has choked off e-cigarette marketing, and ditching the UK’s emphasis on abstinence campaigns would pave a new regulatory pathway for alternatives to be developed and marketed, according to the report.

Read more: Alcohol can help your heart – so why is the CMO ignoring this?

The ASI highlights lower-risk products held back by current regulations such as a new synthetic alcohol, Alcosynth, which has the potential to be up to 100 safer than actual booze as it provides the sensation of being tipsy without hangovers or long-term health hazards. 

Meanwhile e-cigarettes, which have been touted by Public Health England as up to 95 per cent safer than traditional cigarettes, are held back by EU regulations that restrict companies' ability to promote their comparative health benefits to the public. 

Read more: E-cigarette tax should be zero: IEA think tank

“Regulation must be flexible and encouraging of new products that are safer than the vices they’re competing with,” said Sam Bowman, executive director of the Adam Smith Institute.

“Britain can be a world leader in safe alternatives to alcohol and cigarettes, but we need regulation that foster those things instead of stamping them out.”

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Retail

Trending Articles

  • As it happened: Stocks sink after Fed and Bank of England opt for hawkish hold; Oil price tumbles

  • FTSE 100 Live: Pound dips and stocks slip as Andy Burnham victory triggers political uncertainty

  • City investors raise alarm on Burnham’s Chancellor pick

  • Inheritance tax enquiries surge to six-year high after HMRC clampdown

  • More Big Four blues as Deloitte plans to slash UK audit roles

More from CityAM

  • Huge change to Tesco meal deal as Corona and Heineken added

    Life&Style
    Tesco meal deal featuring Heineken and Corona beer bottles displayed on a store shelf
  • Labour ‘failing’ renters: Brits work for 133 days to pay landlords

    Property
    City skyline with apartment buildings and For Rent signs, highlighting urban housing market trends and rental opportunities.
  • British American Tobacco shares slide as cigarette volumes decline

    Business
    British American Tobacco headquarters with falling stock prices graph, reflecting decline in cigarette volumes and share p...
  • £4.5bn black market cigarette tax loss should be ‘a major wake-up call’ for Labour

    Tax
    Getty Images logo displayed on a digital screen, symbolizing media and content licensing in a business context
  • Northern Trust Supports Launch of Europe’s First Autocallable ETF on Waystone’s ETF ICAV platform

    Business Wire
  • Adnams cuts alcohol content across range in beer overhaul

    Hospitality
    Pubs and breweries are closing at an alarming rate
  • morph Launches the World’s First Shapeshifting Soft Robotics Cells Platform to Bring Physical AI into Real-World Applications

    Business Wire
  • Xsolla Brings Direct-to-Consumer Commerce Expertise to Gamesforum Hamburg 2026 With Keynote and Panel Appearances

    Business Wire

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies