Osborne's sugar tax hits firms with £500m bill: Shares plummet after announcement of levy that could add 25p to cost of Coca Cola and Red Bull
https://proudstars.blogspot.com/2016/03/osbornes-sugar-tax-hits-firms-with-500m.html
Osborne's sugar tax hits firms with £500m bill: Shares plummet after announcement of levy that could add 25p to cost of Coca Cola and Red Bull
the independent Office for Budget Responsibility (OBR) has estimated the levy could add 18p to 24p to the price of a litre of fizzy drink if the full cost is passed on to the consumer. The price of a can of Coca-Cola could go up by 8p. The price of some own brand colas could rise by 80 per cent.
