Lost exports top £500m from Scotch whisky US tariffs
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 Tuesday that losses suffered by the industry as a result of tariffs on Scotch Whisky exports to the United States…
The Brexit fisheries deal negotiated by the UK Government “will mean a fall in the quantity of key fishing stocks” landed by the Scottish fleet,…
Shares of Alva-based Omega Diagnostics Group rose as much as 20% on Thursday after it said its partner Mologic Ltd has received CE Mark (Conformité Européenne)…
Shares of Perth-based energy and networks giant SSE plc rose almost 5% on Wednesday after it published half-year results showing progress on its £7.5 billion…
More than £600 million has been raised for life science companies headquartered in Scotland over the last three years, according to Savills. The latest data…
Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose as much as 7% on Friday after it announced it has…
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…
Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, fell 12% on Thursday after it published results for the six months ended…
By Mark McSherry Janus Henderson Investors has announced the results of its first annual Corporate Debt Index survey, saying company net borrowings around the world surged…
Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, on Monday announced a share placing and subscription to raise gross proceeds of £2.1…
By Mark McSherry Janus Henderson Investors announced on Monday the results of its first annual Corporate Debt Index survey, saying company net borrowings around the world…
The chief executive of the Scotch Whisky Association (SWA) has responded to news that the United States is considering new tariffs on exports from the…
Tom Hunter, Scotland’s first ever billionaire, on Tuesday weighed in with a strong reaction to the report published by the Advisory Group on Economic Recovery led by…
The £800 million Edinburgh Worldwide Investment Trust plc said on Monday its net asset value per share increased 16.4% and its share price rose 21.7%…
Baillie Gifford’s James Anderson, co-manager of the £9 billion Scottish Mortgage Investment Trust, took a swipe at American investment guru Warren Buffett’s “value” investment style…
Fidelity International CEO Anne Richards has said the UK asset management industry “has an opportunity to help find a solution” to the economic crisis caused…
The Scotch Whisky Association (SWA) on Thursday called for governments on both sides of the Atlantic to eliminate the tariffs on spirits which are costing…
Perth-based energy giant SSE plc said late on Tuesday it successfully launched a €1.1 billion “5 and 10 year dual tranche” Euro bond with €600…
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…
Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, said on Wednesday it raised its equity stake in portfolio company Celerum Limited from 10%…
Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, and the Institute of Process Research and Development (iPRD) at the University of Leeds,…
Scotch Whisky exports grew 4.4% to a record £4.91 billion in 2019, with 1.3 billion bottles exported to 180 markets, according to the latest figures…
The GMB union has called for an end to the US whisky tariffs that it says threaten 22,000 whisky and spirit industry jobs. GMB said…
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…
Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, soared almost 70% on Monday after it announced a collaboration with AstraZeneca….
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…
DeepMatter Group plc, the Glasgow AIM-listed company focusing on digitizing chemistry, said on Thursday its is excited by the scale of its pipeline of opportunities…
Oil prices rose more than 15% at the open on Sunday after an attack on Saudi Arabia’s oil facilities on Saturday that knocked out more…
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…
Buccleuch — one of Scotland’s biggest private landowners — on Tuesday published group financial statements for the year ending October 31, 2018, showing group turnover of…
Buccleuch — one of Scotland’s biggest private landowners — announced on Thursday it is holding discussions with community bodies which have expressed an interest in…
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…
Hibernian FC announced on Tuesday that the majority shareholding in the club has passed from HFC Holdings Limited – owned by Tom Farmer and Rod…
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…
TSB’s new CEO Debbie Crosbie has rung the changes with the appointment of two new senior executives as the bank steps up its turnaround programme…
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”…
Souter Investments — the family investment office of Stagecoach Group founder and chairman Brian Souter — said it reached an agreement to sell Mobius Life, a…
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…
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….
Total and partners including China’s CNOOC have made a significant new gas discovery off the coast of Scotland at the North Sea Glengorm prospect about…
DeepMatter, the Glasgow AIM-listed company focusing on digitizing chemistry, said on Thursday it agreed to acquire German cheminformatics firm Infochem GmbH from global publisher Springer Nature…
Aberdeen-based Faroe Petroleum on Thursday issued a circular rejecting a hostile £610 million cash takeover bid from Norwegian oil and gas company DNO. Faroe operates in the…
Norwegian oil and gas company DNO on Wednesday started the clock on its £610 million hostile takeover bid for Aberdeen-based Faroe Petroleum. DNO, which already owns…
The UK government said the Scottish government will benefit from nearly £1 billion of additional funding as a result of this year’s UK budget. Scotland will…
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…
French oil and energy group Total said on Monday it made a major gas discovery on the Glendronach prospect, located off the west coast of…
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…
AIM-listed chemistry company Cronin Group, which has a research relationship with the University of Glasgow, announced a 2017 loss of of £1.46 million after tax and said…
The Scotch Whisky Association (SWA) has set out its priorities for the Scotch industry as a “Brexit transition” agreement is discussed by EU leaders. The…
The Scotch Whisky Association (SWA) is predicting a strong year for whisky tourism as increasing numbers of visitors find their way to Scottish distilleries to…
The value of Scotch Whisky exports rose 8.9% to a record £4.36 billion in 2017 — the equivalent of 1.23 billion bottles — according to…
The Scotch Whisky Association (SWA) has renewed its collective trademarks ‘Scotch Whisky’ and its translation ‘苏格兰威士忌’ in China — the world’s largest spirits market —…
Julie Hesketh-Laird is to take over as chief executive of the Scottish Salmon Producers Organisation (SSPO) following the retirement of Scott Landsburgh, who has held…
Clydesdale and Yorkshire Bank owner CYBG said it saw strong mortgage growth of 7.4% to £23.9 billion in the three months to December 31, 2017 — but…
The Scotch Whisky Association (SWA) welcomed the UK Government’s decision to freeze excise duty on spirits in Wednesday’s Budget — but argued that a cut in…
The Scotch Whisky Association said that cutting tax on Scotch Whisky in the Budget will give Chancellor Philip Hammond an extra £200 million to spend…
Scotch whisky exports increased in value by 3.4% in the first half of the year to £1.8 billion, boosted by the continuing growth in popularity…
Scotch Whisky distilleries achieved a record 1.7 million visits last year — up almost 8% on 2015. Distilleries now rank among some of the most…
Scotch Whisky was one of the first applications to be listed on New Zealand’s register of geographical indications (GIs) — a sign used on wines…
Co-operative Bank said on Thursday its losses before tax narrowed to £135.2 million in the six months to June 30, 2017, from £177 million in…
The Scotch Whisky Association (SWA) has published its manifesto for the UK General Election, urging politicians to support Scotch via measures including a fairer tax regime, ambitious trade deals…
UPDATE 2 — Scotch whisky exports increased last year by 4% to more than £4 billion, with the value of single malt exports exceeding £1 billion for…
UPDATE 2 — Shares of Royal Bank of Scotland jumped 5% on Friday after it reported a first quarter attributable profit of £259 million, its first quarterly profit…