Investors hope BAT vape sales are on the up

INVESTORS will be hoping Lucky Strikemaker British American Tobacco (BAT) has stubbed out historic misconduct issues and is cashing in on its pivot to vapes and e-cigarettes.

The FTSE 100-listed giant will give an update on its progress with a new boss at the helm when it unveils its trading update on Tuesday.

The world’s second-biggest tobacco firm promoted its finance director to the top job as chief executive last month, after a 30-year career at the business.

Tadeu Marroco took over from Jack Bowles amid a push towards new vaping and tobacco alternatives, which account for about £3bn of its revenues.

“As it becomes harder to squeeze growth from the traditional tobacco portfolio,