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Last year, more than a quarter of a million Britons quit smoking in October Scarring: Smoking causes a range of skin problems including premature ageing, flakiness, dryness, psoriasis, yellowing and discolouration Breathing trouble: Smoking is the biggest cause of emphysema (also known as chronic obstructive pulmonary disease or COPD) More than an ache: Smoking is associated with stomach ulcers and bowel disorders such as Crohn's disease

I will discuss the reasons for the 37% year-over-year decline in BTI's operating cash flow, particularly in relation to the company's ability to continue to pay a growing dividend

Typically, research shows that increases in cigarette taxes lead to significant increases in tax revenue on average, but again, these relationships fall apart at the highest levels of taxation