Sabah Meddings
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Sabah Meddings
@sabahmeddings.bsky.social
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Covering UK business, tobacco and drinks for @BloombergUK. Previous: Chief Business Correspondent at The Sunday Times.
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sabahmeddings.bsky.social
I spoke to vape shop owners in Louisiana, manufacturers in Texas and the world's biggest tobacco firms to report on a story which involves legal battles, regular raids and products seized at borders.

Today's @bloomberg.com Big Take:

www.bloomberg.com/news/feature...
The $22 Billion Illicit Vape Industry Is Vexing the World’s Regulators
Vapor startups are already at loggerheads with cigarette makers and the FDA. Trump’s return promises to complicate the market even further.
www.bloomberg.com
February 4, 2025 at 9:05 AM
sabahmeddings.bsky.social
Now, ministers are increasing scrutiny on the sector and could cap profits, due to margins of more than 20%.

Here, we delve into the finance firms responsible for looking after some of the country's most vulnerable young people:

Story with @abhinavr.bsky.social

www.bloomberg.com/news/feature...
Private Equity Is Making Big Money From UK’s Most Vulnerable
As critics debate the cost of private capital’s inroads into many corners of the economy and public services, children’s homes have become a flashpoint.
www.bloomberg.com
December 16, 2024 at 8:47 AM