Would never happen. That would cost the taxpayer whereas this does the opposite.
It has had an notable effect on the industry. Almost everything has been reformulated over the past year to be below the sugar content threshold with the very few exceptions.
Take Coca Cola who produce
Coca-Cola
Monster
Innocent
Coke Zero
Diet Coke
Fanta
Sprite
Dr Pepper
Lilt
Oasis
Glaceau Smartwater/Vitamin Water
Capri-Sun
Relentless
Schweppes
Powerade
and more...
they will contribute more than 60% of the £250m tax, yet it will only apply to the top two brands. The government expected to see several times that amount but its was more cost effective to invest in reformulation than to pay the tax long term. Especially given that the gov have a bottle return scheme on the horizon.
The thing is Coke were reformulating years before the tax was even announced last year and the statistics have already proven that there is no correlation between the amount of sugar consumed through soft drinks and obesity on a national scale. With the sugar content declining whilst obesity rises. The gov just need to be seen to be taking action.