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UNITED KINGDOM

JT actions contingency supply plan

29 Nov 2017. Japan Tobacco says a contingency supply plan will mean no “significant interruption” to its sales will result from troubled wholesaler Palmer and Harvey (P&H) going bust, according to a press release from the company.

JT released a statement saying P&H, for which administrators have been appointed, delivers approximately 25 per cent of Japan Tobacco International’s cigarette volume in the UK. “A contingency plan which is already in place [means] we do not expect any significant disruption in the supply of our products,” the statement read.

JT said it is not currently possible to determine the financial impact of the situation.

2,500 staff have been made redundant from P&H with immediate effect.