Coca-Cola Great Britain responds to the Budget's Sugar tax
General Manager of Coca-Cola Great Britain, Jon Woods has responded to George Osborne's Sugar tax announcement in yesterday's Budget:
"We understand obesity is an issue that needs to be addressed and will continue our work to reduce the sugar and calories consumed from our drinks. We have already done a great deal and our actions are doing more to reduce sugar and calorie intake than a tax will.
It’s disappointing that the Government has chosen to single out soft drinks in its attempt to tackle the problem. If the aim is to reduce obesity, this levy flies in the face of evidence from around the world which shows taxes do very little, if anything, to reduce sugar and calorie intake or obesity levels but do add to people’s cost of living".