Tax hikes on fuel and drink are being ruled out for next week’s budget while an increase of up to 50c is expected on a pack of cigarettes.

Budget 2016: RESOURCES

Noonan rejects tax on sugary food and drinks

Finance Minister Michael Noonan has shot down plans for a potential 20% sugary drinks and food tax despite Health Minister Leo Varadkar calling for the policy to be imposed as part of a “suite of measures” to tackle Ireland’s obesity crisis.