Soft-Drink Makers Plunge on Surprise U.K. Budget Sugar Levy

  • Britvic, A.G. Barr both decline more than 5 percent in London
  • Tax will `spank' companies that don't adjust: Jamie Oliver

Jamie Oliver Hails Osborne’s Sugar Tax Move as Logic

Companies that profit from Britain’s sweet tooth plunged as the U.K. unveiled a sugar tax, a surprise move that adds another burden to food and beverage companies grappling with marketing restrictions and a shift toward healthier fare.

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