U.K. to impose sugar tax on soft drinks

The U.K. will impose a new sugar tax on soft drinks based on the amount of sugar they contain beginning in 2018.

Pure fruit juices and milk-based drinks will be excluded, and the smallest producers will be exempt from the tax, according to a BBC story.

The move is being hailed as a significant step in the fight against pediatric caries and obesity.

"This will reduce the risks of obesity, tooth decay, and other life-threatening diseases," Duncan Selbie of Public Health England said in a statement.

The government expects to raise 520 pounds ($739 million) annually, which will be used to fund school athletics.

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