FIRST AIRED: August 18, 2016

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>> The UK is joining a global trend to tax sugary soft drinks. On Thursday, the government confirmed plans for a levy on all beverages with a sugar content above 5 grams per 100 milliliters. There will be a higher tax band for drinks that are even more sugary. The plan is part of the strategy to combat childhood obesity.
Ministers hope the levy will limit consumption of soft drinks and prod manufacturers to reduce the sugar content of their products. The Department of Health says soft drinks are the single biggest source of sugar in children's diets. Proceeds from the tax will be used to fund programs that encourage exercise and healthy eating.
Now Britain joins Belgium, France, Hungary, and Mexico in imposing a sugar tax. Such levies have also been tried in Scandinavia with varying degrees of success. The drinks industry is firmly opposed. It says the move will cost thousands of jobs and do little to fight obesity.