Glengoyne whisky maker suffers worst decline in decades as demand falls Business Profit at the group behind spirts such as Glengoyne whisky and Edinburgh Gin has been slashed in half as it suffered the largest decline “in decades”. Edinburgh-headquartered Ian McLeod Distillers has posted a pre-tax profit of £15.6m for the year to 30 September, 2024. The total comes after the business achieved a pre-tax profit of £33.8m [...]
Whisky Business: Scotch Whisky exports take a hit Whisky City AM’s monthly look at trends in the world of Scotch Whisky. Scotch Whisky is one of the UK’s most successful sectors, but it’s facing increasing headwinds from challenges both at home and overseas. According to the Scotch Whisky Association (SWA), the value of Scotch exports topped £5.6bn in 2023, supporting 66,000 jobs across the [...]