LONDON: Britain will introduce a sugar levy on soft drinks in two years' time, Chancellor Osborne said in a surprise announcement in his annual budget on Wednesday.
Osborne said the levy, which would be imposed on companies and based on drinks' sugar content, would raise £520mil (RM3bil).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!