FTSE 350: Beverages stocks change the recipe

FTSE 350: Beverages stocks change the recipe

The direct shot at the soft drinks industry by former chancellor George Osborne stands out as a significant event last year for the beverages sector: the MP for Tatton proposed a sugar levy on the sector, effective from April 2018. Roger White, chief executive of AG Barr (BAG), called the move “punitive and unnecessary”, given that companies such as his were already investing heavily in reformulating recipes and launching low- or no-sugar versions of their products.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now