The apparent UK budget realisation that next year’s sugar tax may yield less government revenue than originally envisaged is pretty much in line with expectations. Moreover, it vindicates a recent statement made by AG Barr (BAG LN, HOLD, T/P 600p) and similarly comments made Nichols (NICL LN, BUY, T/P1760p) in the aftermath of preliminary results.
09 Mar 2017
UK Budget
A.G. BARR p.l.c. (BAG:LON), 582 | Nichols plc (NICL:LON), 990 | Britvic plc (BVIC:LON), 825 | Imperial Brands PLC (IMB:LON), 1,775 | British American Tobacco p.l.c. (BATS:LON), 2,408
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UK Budget
A.G. BARR p.l.c. (BAG:LON), 582 | Nichols plc (NICL:LON), 990 | Britvic plc (BVIC:LON), 825 | Imperial Brands PLC (IMB:LON), 1,775 | British American Tobacco p.l.c. (BATS:LON), 2,408
- Published:
09 Mar 2017 -
Author:
Chris Wickham -
Pages:
6
The apparent UK budget realisation that next year’s sugar tax may yield less government revenue than originally envisaged is pretty much in line with expectations. Moreover, it vindicates a recent statement made by AG Barr (BAG LN, HOLD, T/P 600p) and similarly comments made Nichols (NICL LN, BUY, T/P1760p) in the aftermath of preliminary results.