Sugar tax will raise money for primary school sports (but only if it doesn’t work)
Wired, Wednesday 16th March 2016
A sugar tax will be levied on makers of sugary soft drinks, chancellor George Osborne has announced. The money raised by the new tax will be used to improve sport in schools. The so-called sugar tax, announced in the chancellor’s latest budget, is expected to raise £520 million in its first year, but that number will fall over time as sugar levels are reduced by producers. If producers change their behaviour, they’ll pay less tax.