Scotch whisky makers look to India amidst Trump tariff worries Whisky Scotch whisky makers selling into the US faced a challenging year as a result of Donald Trump’s tariffs, according to new figures, but many distilleries spy a long term opportunity in India. Figures out last week from the Scotch Whisky Association (SWA) showed that the value of Scotch exports to the US declined by four [...]
The Scotch Malt Whisky Society’s colour evolution Whisky Whisky Business: City AM’s monthly look at the world of whisky. Over the past couple of decades, single malts have become synonymous with the Scotch whisky category. While blended Scotch, which uses a blend of different whiskies from various distilleries, still accounts for around 90 per cent of industry volume, single malt whisky, matured and distilled [...]
Scotch Whisky Association calls for spirits duty freeze as industry headwinds grow Whisky The Scotch Whisky Association (SWA) has urged the UK Government to impose a multi-year freeze on spirits duty, warning that continued inaction threatens jobs, investment and Treasury revenues. In a submission ahead of the autumn Budget, the trade body stated that recent duty increases had cost the Treasury £700m while placing a £12 tax burden [...]
Reeves warned ‘sin taxes’ could fail to boost tax receipts September 1, 2025 Labour officials have been warned that plans to boost government revenue by raising “sin taxes” could be judged harshly by the Office for Budget Responsibility (OBR) this year, with industry bosses calling on the Treasury to listen to “on-the-ground concerns” before making a final decision. Reports have suggested the government could raise gambling levies later [...]
Scotch Whisky is trapped in a tax riddle August 21, 2025 The UK's nonsensical spirit tax regime is an own goal that punishes industries like Scotch Whisky, writes Mark Kent.
Whisky Business: Commando Spirit’s unique brand July 2, 2025 Whisky Business: City AM’s monthly look at the world of whisky. A handful of big-name brands dominate the world of whisky, but there’s a growing number of smaller, artisan whisky brands carving out niches in the market. One of these is Commando Spirit, the brainchild of retired Royal Marines Brigadier Rory Copinger-Symes CBE. Commando Spirit is [...]
Whisky Business: Scotch Whisky exports take a hit November 14, 2024 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 [...]