Keyword » tax

Tax on sweet treats could reduce snack consumption

A tax on sweet treats such as cakes and biscuits could lead to a wider reduction in snack consumption, according to a new study.

Nestlé slashes sugar content in new MilkyBar

Amid government initiatives to cut sugar consumption, Nestlé has claimed its new technology has reduced sugar in its latest MilkyBar by 30%.

Sugar tax popular with consumers, finds study

Nearly half (48%) of consumers agree with the sugar tax and a large proportion of them want more products, such as cakes and biscuits, to be added to it, according to market research firm Future Thinking.

Sugar arm disposal transforms Real Good Food’s performance

Real Good Food has reported a statutory profit before tax of £12.9m for the year ending 31 March 2016.

Sugar tax ‘should be scrapped’

The proposed sugar tax on soft drinks will fail in its health aims, result in fewer jobs and damage the UK’s economy, according to the TaxPayers’ Alliance (TPA).

Sugar tax reduces consumption, says survey

A new study by Newcastle University shows that a sugar tax could be effective in discouraging shoppers from buying sweet products.

Sugar tax unfairly aimed at the poor?

The planned sugar tax will “hit poorest families hardest” and has nothing to do with the sugar content of products, according to the Taxpayers’ Alliance (TPA).

Sainsbury’s underlying profits down 14%

Sainsbury's has announced a fall of 14% in underlying yearly profits in its trading update, but saw a turnaround in pre-tax profits, which were up by £620m.

60% of consumers want sugar tax

The Grocer’s Bridgethorne Shopper Index has shown that 60% of consumers are in favour of a sugar tax. 

The government will fight legal challenges to sugar tax

Chancellor George Osborne says “bring it on” to the threat of legal action from drinks firms.

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