News / UK and world by Press Association March 26, 2019, 8:31 am Send us a story Sign up to our Daily newsletter Irn-Bru maker AG Barr has posted a year of rising sales as it shrugged off the sugar tax and a host of other challenges. Revenue grew by 5.6% to £279 million at the Scottish soft drinks firm, which also makes Rubicon and Tizer. The company posted a pre-tax profit of £44.5 million for the year to January 26, down from £44.9 million. The figure takes into account a one-off pension service charge of £700,000. Stripping out exceptional items, profits were up 2.5% to £45.2 million. AG Barr said the results were “all the more pleasing” given the Government’s sugar levy, which has hit the entire soft drinks industry. It also had to contend with carbon dioxide shortages during the summer heatwave, the Beast from the East snow disruption, and a number of business failures and ongoing customer credit risks. The … [Read more...] about AG Barr sales fizz up despite sugar tax
What is sugar tax
CHANCELLOR Philip Hammond was accused of ripping off hard working Brits after it emerged the Sugar Tax has raised £150million since April. HM Revenue & Customs yesterday showed the Treasury’s “Soft Drinks Levy” has generated £153.4 million in just six months. The Institute of Economic Affairs last night demanded an immediate review of the policy. IEA policy chief Chris Snowdon stormed: “This is essentially how much is being taken from the pockets of hard working people.” The Sugar Tax slaps between 18p to 24p on a litre of pop. Ex-Chancellor George Osborne boasted that the Sugar Tax would raise £520 million a year for school sports when he unveiled the policy in 2016. The Treasury was then forced to dramatically slash predictions to £240 million after soft drink giants began to reformulate their favourite drinks to cut the sugar content. ESTHER COMES OUT SWINGING Ex-minister Esther McVey posts furious messages attacking Cabinet NAZ … [Read more...] about Philip Hammond accused of ripping off hardworking British families after Sugar Tax raises £150million since April
OBESITY in the UK is a common problem as it's estimated to effect every four adults and a fifth of ten to 11 year olds with a third of children aged 2 to 15 overweight or obese. With that in mind, we ask - just how bad is the UK's obesity crisis? Obesity a common problem in the UK that's estimated to affect around one in every four adults What is the UK obesity crisis? The term "obese" describes a person who's very overweight, with a lot of body fat. It's a common problem in the UK that's estimated to affect around one in every four adults. In 2016 according to the Organisation for Economic Co-operation and Development nearly 27 per cent of adults in the United Kingdom were obese, the highest proportion in Western Europe and a 92 per cent increase since 1996. It's claimed that by 2030, half of the UK could be obese if the trends continue. How bad is childhood obesity in the UK? According to the Government, younger generations are becoming obese at earlier ages and … [Read more...] about What is the obesity crisis, how bad is the UK’s rate of childhood obesity and what’s the definition of clinical obesity?
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TELLY fans have to shell out for a TV licence and even those who use the iPlayer to watch any BBC programmes need to cough up. But what exactly is the licence for and how much does it cost? Find out here. When is the TV licence fee going up and how much by? The cost of a full-colour TV licence for 12 months is £150.50. It rose on April 1 2018, and applies to anyone buying or renewing a licence after that date. The charge means people will be forking out £2.89 a week - up from £2.83 - or £12.54 a month. If you pay via a monthly or weekly plan which stared before April 1 then you'll continue paying the old fee until your licence is up for renewal. Who doesn't have to pay for a TV licence? Some people are entitled to a free TV licence: For example if you're aged over 75 or you're a resident in a care home. You can pay for your licence all in one go or spread the cost throughout the year using direct debit. Watching live TV or catch-up through the BBC iPlayer on … [Read more...] about Do I need a TV licence to watch TV, how is is the BBC funded and can I watch BBC iPlayer if I don’t have one?