Economic Impact:

Shops and Newsagents

The Soft Drinks Tax is set to unfairly

hit local shops and newsagents across

the nation.

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We recognise that tackling obesity is of critical importance, and support the Government's moves to do so.

The soft drinks tax will hit local shops and newsagents across the nation – even though the sector is the fifth biggest contributor to store sales.

New figures released this month also show that the tax will lead to over 4,000 job losses across the supply chain, and a £132m decline in UK GDP.

The tax threatens to cost individual retailers thousands of pounds in sales. This is no small amount for small businesses.

Shops, newsagents and corner shops are quite literally the cornerstone of our local economies.

It’s time to Face The Facts and Can The Tax that could have a damaging impact on our local shops and newsagents.