UK Sugar Tax To Shake Up Soft-Drink Market: Analysis
The UK sugar tax comes into effect on Friday, joining a number of other countries, including Mexico, France and Norway, which have already introduced similar taxes on high-sugar drinks.
The new levy, which was announced in March 2016, will add £0.18 per litre on drinks containing 5g or more of sugar per 100ml, and £0.24 per litre on drinks containing 8g or more.
But what effect will the introduction of the tax have on consumers, manufacturers, and retailers?
Britain's Treasury said that sugar content in the country's drinks has already been cut by 45 million kg per year, as over 50% of manufacturers have reformulated their products to be below the levy's sugar threshold.
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