Britain's sugar tax on soft drinks comes into effect

Britain’s sugar tax on soft drinks came into effect on Friday, a move that will lead to some higher prices as the country seeks to battle childhood obesity. The tax, announced in March 2016, has already cut sugar content in drinks by 45 million kg per year, Britain’s Treasury said, as over 50 percent of manufacturers have reformulated their products to be below the levy’s sugar threshold.
Read more: http://uk.reuters.com/article/uk-britain-sugar/britains-sugar-tax-on-soft-drinks-comes-into-effect-idUKKCN1HD1AZ?source=Snapzu