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Actor Kevin Spacey addresses the Institute of Directors during the Institute of Directors Annual Convention on April 30, 2008 in London, England.
The Prime Minister admitted earlier today making mistakes in abolishing the 10p tax rate.
Nevertheless, they conclude that a levy could discourage sales of unhealthy drinks, "and even small price changes may plausibly reduce sales".
Several experts have commented on the findings in statements.
Twelve weeks after the levy was introduced, sales of sugary drinks per customer fell by 11%.