The Scotch Whisky Association (SWA) has revealed a significant drop in exports, with a decline of 18% in the first half of 2024 compared to the same period in 2023. The value of exports in H1 2024 fell to £2.1bn, while the volume dropped by 10.2%, equating to 566 million 70cl bottles, or 36 bottles per second. This contrasts with 40 bottles per second in the first half of 2023.
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Edinburgh-based Holyrood Distillery has reported strong export growth as mid-year sales already exceed that of 2023 by 15% thanks to an exclusive partnership with Dutch importer and distributor High Spirits.
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New figures from HM Revenue and Customs reveal the Treasury has lost close to £300m in tax revenue from Scotch whisky and other spirits following Jeremy Hunt’s significant tax increase last August.
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The market for English whisky is experiencing significant growth, with projections indicating an 189% increase from 2019 to 2024, reaching a value of £1bn this year.
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The Scotch Whisky Association (SWA) is urging the next government to reverse the damage caused by Jeremy Hunt’s 10% increase in spirits excise duty. Newly published figures from HMRC reveal that the Treasury has lost more than £100m since the tax hike last August.
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To celebrate its 5th anniversary, Cask Trade aims to raise £10,000 for The Drinks Trust by selling bottles of cask-strength whisky. The company has bottled 200 bottles from two barrels of 2015 single-malt Scotch whisky from The Speyside Distillery.
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Family-owned distiller William Grant & Sons has launched a brand-new premium Scotch whisky brand to market.
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The production of single malt Scotch whisky is underway at The Orkney Distillery, marking a new era for the business, best known for its award-winning range of Kirkjuvagr gins.
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Rosebank Distillery, known as the ‘King of the Lowlands’, is set to re-open its doors to the public in June after a three-decade hiatus.
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Chivas Brothers, the Scotch whisky business of Pernod Ricard and maker of global Scotch whisky brands including The Glenlivet and Aberlour, has unveiled a new, long-term programme to preserve some of Scotland’s iconic rivers and waterways.
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In a landmark moment for Scotch whisky, Port Ellen Distillery, on the island of Islay, reopened today after a 40-year hiatus.
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The market may be crowded, but a wave of smaller Scotch distilleries are delivering a ‘new golden era’, says Jason Millar.
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InchDairnie Distillery, producers of RyeLaw Fife Single Grain Scotch Whisky have signed a three-year distribution agreement with Disaronno International UK.
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With India now slaking over half the globe’s thirst for whisky, Andrew Catchpole asks winemaker-turned-leading distiller Michael d’Souza for the inside track.
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A duty cut to Scotch Whisky and other spirits would generate an extra £1.6bn over five years for public services, a new report has found.
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Bladnoch, Scotland’s southernmost distillery, has partnered with leading wine and spirits distributor Enotria & Coe to accelerate growth of the single malt whisky brand across the UK.
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Jo Gilbert catches up with Stef Holt on her new role as the first curator of world whisky for Mangrove Global.
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The Scotch Whisky industry contributes more than £7bn to the UK economy, a report has found.
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The value of fine and rare single malt Scotch whisky has softened despite rising global demand from investors and enthusiasts, according to a new report by corporate finance boutique Noble & Co.
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Following the launch of the Cask Whisky Association (CWA), a board of members committed to upholding best practices in cask whisky ownership and sale, the MD of a leading whisky investment company has called on the Scotch Whisky Association (SWA) to back the development.
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