Treasury has lost £500k a day since Scotch tax hike
The Scotch Whisky Association (SWA) said the UK Treasury has lost out on half a million pounds a day in tax revenue since excise duty on Scotch Whisky…
The Scotch Whisky Association (SWA) said the UK Treasury has lost out on half a million pounds a day in tax revenue since excise duty on Scotch Whisky…
Bacardi has announced a major investment in the production sites of its Scotch portfolio that includes malt whiskies Aultmore, Aberfeldy, Royal Brackla, The Deveron and…
The Scotch Whisky Association (SWA) said the UK Chancellor’s decision to further increase duty on Scotch Whisky has broken the UK Prime Minister’s commitment to…
The Scotch Whisky Association (SWA) revealed that exports of Scotch Whisky in the first half of 2024 fell by 18% compared to the same period…
Brazil has granted special protected status to Scotch Whisky in a move that could be worth around £25 million over five years and will give distillers…
The Scotch Whisky Association said new tax receipts data published by HMRC show the UK Treasury has lost £298 million in tax revenue from Scotch…
Shares of Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), rose about 7% after it published a trading update for…
The 10.1% increase in excise duty imposed by the UK government on Scotch Whisky in August 2023 — the biggest rise in more than four…
The powerful Scotch Whisky Association (SWA) will visit Washington DC this week to lobby members of Congress — with 25 months still remaining to avoid the…
Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), has announced that SMWS membership growth increased significantly in the year…
The Scotch Whisky Association (SWA) said the value of Scotch exports topped £5.6 billion in 2023, down 9.5% on the record £6.2 billion of 2022, but up…
The Scotch Whisky industry generated £7.1 billion of Gross Value Added (GVA) for the UK in 2022 — with £5.3 billion of that generated in…
A bottle of Scotch whisky has been sold for almost £2.2 million ($2.7 million) — an auction record for a bottle of wine or spirits, according…
Chivas Brothers, the Scotch whisky business of Pernod Ricard, announced its “strongest financial performance in a decade” with 17% growth in net sales in the…
The Scotch Whisky Association (SWA) announced that its application to register “Scotch Whisky” as a Certification Trademark in Hong Kong has been successful. Trademark recognition…
The Scotch Whisky Association (SWA) has released new figures showing that the value of exports in the first half of 2023 held steady when compared…
The Scotch Whisky Association (SWA) has warned that the largest tax increase on Scotch Whisky in 40 years, which has now been implemented by the UK…
The Scotch Whisky Association (SWA) has launched a campaign to “press the UK government to re-think the decision to increase duty on Scotch Whisky and…
The Scotch Whisky Association (SWA) has slammed the decision by the UK Chancellor to raise duty on Scotch Whisky by 10.1% in one of the…
Global exports of Scotch Whisky grew to more than £6 billion for the first time in 2022, according to figures released by the Scotch Whisky…
Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), said the society has signed a new partnership agreement in Malaysia, by…
Chivas Brothers, the Scotch whisky business of Pernod Ricard, announced a “robust” performance for the year to June 30 that it said reflected “the significant…
Pernod Ricard has agreed to sell the Tormore Scotch Whisky brand and distillery to Elixir Distillers, a company co-founded by entrepreneurs Sukhinder and Rajbir Singh….
By Mark McSherry The Scotch Whisky Association (SWA) announced it has successfully registered “Scotch Whisky” as a certification trademark in the United States — the…
Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), said on Tuesday the society’s global membership growth, which it considers a…
Fintech platform Ferovinum has announced its launch into the Scotch whisky industry, backed by institutional capital of £100 million. The fintech business behind Ferovinum — a…
The value of global exports of Scotch Whisky grew 19% to £4.51 billion in 2021, according to figures released on Friday by the Scotch Whisky…
Edinburgh-based Artisanal Spirits Company plc (ASC), owner of The Scotch Malt Whisky Society (SMWS), said on Friday it agreed to increase its equity interests in its…
The Scotch Whisky Association (SWA) has announced that Mark Kent, former British Ambassador to Argentina, will succeed Karen Betts as chief executive when Betts leaves…
The Scotch Whisky Association (SWA) has welcomed the 50% excise duty cut on imported Scotch Whisky in the state of Maharashtra ahead of formal UK-India…
Edinburgh-based Artisanal Spirits Company plc, owner of The Scotch Malt Whisky Society (SMWS), announced that it has signed a 10-year lease for a new supply chain…
Karen Betts, chief executive of the Scotch Whisky Association (SWA) since May 2017, is leaving her role to become chief executive of the UK’s Food…
By Mark McSherry The Scotch Whisky Association (SWA) on Thursday welcomed the UK Government’s announcement that tariffs on Scotch Whisky have been suspended for a…
The Scotch Whisky industry has welcomed the Agreement in Principle reached over a UK-Australia Free Trade Agreement (FTA), which has removed the 5% tariff on…
The UK and the US have agreed a four-month suspension of retaliatory tariffs imposed on UK goods such as Scotch Whisky over a long-running aircraft…
The Scotch Whisky Association (SWA) said on Wednesday the UK Chancellor has offered some “breathing room” to distillers facing continued US tariffs by freezing spirits…
Global exports of Scotch Whisky fell by more than £1.1 billion or 23% to £3.8 billion in 2020, according to figures released on Friday by…
The CEO of Chivas Brothers, the Scotch whisky business of Pernod Ricard, on Friday outlined the importance of the removal of tariffs on single malt Scotch exports…
The Scotch Whisky Association (SWA) said on Tuesday that losses suffered by the industry as a result of tariffs on Scotch Whisky exports to the United States…
The Scotch Whisky Association (SWA) said on Monday that cutting tax on Scotch Whisky and other spirits in the UK Budget could give UK finance…
The Scotch Whisky Association (SWA) on Tuesday welcomed a World Trade Organization (WTO) ruling that gives the European Union the right to impose tariffs on $4 billion…
By Mark McSherry UK Prime Minister Boris Johnson said tariffs placed on Scottish malt whisky by the United States “cannot be right” and should be…
The Scotch Whisky Association’s CEO Karen Betts has criticized the “sexism” of Jim Murray’s “Whisky Bible” amid a growing outcry against the language used in the…
The Scotch Whisky Association (SWA) said on Friday it has co-signed an agreement with the Spanish Civil Guard to further the protection of Scotch Whisky…
By Mark McSherry The US government has said it will maintain 15% tariffs on Airbus aircraft and 25% tariffs on other European and UK goods…
Diageo, Scotland’s largest whisky producer, said on Tuesday its reported operating profit fell 47.1% to £2.1 billion in the year to June 30 fell as…
The Scotch Whisky Association (SWA) said on Monday it is seeking urgent assurances from UK Government Ministers on aspects of the UK Government’s business support…
The United States Trade Representative has issued a tariff notification which maintains the 25% tariff on Single Malt Scotch Whisky and Scotch Whisky Liqueurs that…
Scotch whisky industry leaders have travelled to the United States for trade talks amid fears that the Trump administration could further increase tariffs on single…
The Scotch Whisky Association (SWA) warned on Friday that exports of Single Malt Scotch Whisky to the US could fall by as much as 20%…
The Scotch Whisky Association (SWA) said on Thursday the Trump administration’s decision to put 25% tariffs on single malts will “undoubtedly damage” the Scotch Whisky…
The Trump administration has put 25% tariffs on single-malt Scotch whisky, French wine and Italian cheese in retaliation for European Union subsidies on large aircraft,…
Sotheby’s has announced it will present “The Ultimate Whisky Collection” on September 27 in what it is calling “the most valuable collection of whisky ever to…
The Scotch Whisky Association (SWA) said on Friday that official HMRC figures show the value of Scotch Whisky exports increased 10.8% to £2.19 billion in…
Research conducted by engineers and chemists from the University of Glasgow and the University of Strathclyde has helped develop an artificial “tongue” which can taste…
The Scotch Whisky Association (SWA) on Tuesday urged the United States and European Union to end a trade dispute after Washington threatened tariffs on $4…
Scotch Whisky tourism saw record numbers of visitors in 2018, with more than two million visits to Scotch Whisky distilleries from tourists for the first…
Booming overseas sales of Scotch whisky and Scottish salmon helped first quarter UK food and drink exports increased by 10.7% to £5.8 billion, almost twice…
The Scotch Whisky industry expects to see “significant growth” in exports to India, China and Brazil in the coming years to augment established growing markets…
The Scotch Whisky Association (SWA) said Scotland’s national drink has secured enhanced legal protection in South Korea after the SWA’s application to register “Scotch Whisky”…
A new report from the Scotch Whisky Association (SWA) shows the contribution of the Scotch industry to the UK economy has grown by 10% since…
Food and drink exports from Scotland rose 4.9% to a record high of £6.3 billion in 2018, according to the HMRC figures. Whisky accounted for…
Official figures from HM Revenue and Customs (HMRC) show that the export value of Scotch Whisky grew 7.8% to a record £4.7 billion in 2018….
The Scotch whisky industry, the UK’s biggest food and drink export, said on Wednesday it was imperative that UK politicians work quickly to avoid crashing…
Scotch Whisky exports increased in the first half of 2018 to £1.97 billion, a 10.8% rise in the value of exports against the same period…
The Scotch Whisky Association (SWA) said it has successfully registered “Scotch Whisky” as a certification trademark in South Africa, the seventh largest Scotch Whisky market…
Scotch Whisky tourism saw record numbers of visitors in 2017, with 1.9 million visits to Scotch Whisky distilleries and spending at visitor centres up 15.6% to…
The Scotch Whisky Association (SWA) said it appointed EU expert Dagmar Droogsma as its Director of Industry, based at the SWA’s London office. Scotch Whisky is…
The Scotch Whisky Association (SWA) has released an analysis of the industry’s 2017 export performance that indicates the UK trade deficit would be almost 3%…
The Scotch Whisky Association (SWA) said it appointed Gerry McFall as its director of strategy and communication. Most recently, McFall has been the director of…