Thursday, 17 March 2016

George Osborne brings in sugar tax to mixed response

George Osborne brings in sugar tax to mixed response Chancellor announces two-tier levy on soft drinks welcomed by health campaigners but condemned by drinks industry.

George Osborne has responded to the growing clamour for tough action on obesity byannouncing plans for a sugary soft drinks tax intended to make children healthier and cut the disease’s £5bn a year cost to the NHS.

The levy, which will start in April 2018, will put up the price of drinks such as Red Bull, Capri Sun, Sprite and several versions of cola. The Treasury has not decided exactly how much extra they will force producers to charge for heavily sweetened drinks, but health campaigners want it to be 20%. Continue reading... The Guardian

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