Budget talks continue over whisky and oil taxes ahead of spending announcement
Chancellor Philip Hammond was last night continuing behind-the-scenes talks over the future of whisky and oil taxes in advance of his Budget on Monday.
Chancellor Philip Hammond was last night continuing behind-the-scenes talks over the future of whisky and oil taxes in advance of his Budget on Monday.
New research has shown that whisky production levels reduce when taxes are hiked up by the government.
UK ministers will have “difficulty” balancing vital protections for Scotch whisky and Stornoway black pudding with securing new trade deal with the US, it has been claimed.
Prime Minister Theresa May has spoken of the “iconic importance” of Scotch whisky as she vowed to fight to safeguard vital protections for the sector.
A failure to agree on the future of special protections for famous goods such as Scotch whisky and Stornoway black pudding could be holding up the UK’s Brexit deal.
New Brexit Secretary Dominic Raab was under fresh pressure last night to guarantee special protections for Scotch whisky after the UK quits the EU.
Nicola Sturgeon has vowed to “very closely” monitor a trade row between the EU and US amid concerns it could hit the Scotch whisky sector.
The Scottish Government will demand to be involved at “all stages” of post-Brexit trade talks with the US to ensure the £922 million whisky market is protected.
Priorities have been set out for the Scotch whisky sector as the Brexit transition agreement is poised to be approved by EU leaders.
Scotland’s national drink has secured enhanced legal protection in New Zealand after the Scotch Whisky Association’s application to register it as a Geographical Indication (GI) was successful.
Nicola Sturgeon has warned that Brexit will lead to a “completely unnecessary” five-fold increase in red tape for the whisky sector
Scotch Whisky sales in the UK have fallen by 1million bottles after Chancellor Philip Hammond hiked spirits tax in his March Budget.
Scotland’s proud whisky heritage has attracted a record number of people through the doors of Diageo’s distilleries around the country.
Whisky-maker Diageo hailed a better performance in the US as it posted much-improved first half trading figures.
Independent, family-run distiller William Grant and Sons has announced a 6.7% rise in pre-tax profits to a record £177.2 million, helped by strong sales of Glenfiddich single malt whisky.
Scotch whisky-makers enjoyed a partial recovery in their export sales during the first half of 2016, new industry figures show.
The value of rare Scotch whisky changing hands in a fast-growing niche investment market has soared to a half-year record, new figures show.
Drink giant Pernod Ricard is restructuring its Chinese operation after a double-digit percentage slump in Scotch whisky sales in the country.
Global alcoholic drinks giant Diageo reported net sales growth and said it is on course to deliver its 2017 growth plans as it published its full-year results yesterday.
A Caithness whisky has been named the ‘World’s Best Single Malt’.
The hospitality industry has added its voice to calls from whisky chiefs for a cut to Scotch excise duties in next month’s Budget.
A surge in Scotch whisky sales in Great Britain over Christmas played a part in driving Diageo onto an 8.7% increase in interim profits, the world’s largest spirits maker said yesterday.
A dip in Scotch whisky sales abroad contributed to a 3.2% slump in Scotland’s international export figures for 2014, new figures show.
David Beckham used the prestigious surroundings of a pop-up event venue in Shanghai to drum up Chinese interest in Scotch whisky.
Most Scots think the amount of tax paid on a bottle of Scotch whisky is too high, a new poll showed.
The SNP has warned that Scottish exports worth £733 million could be put at risk is Britain leaves the EU.
Craft distillers have warned that UK booze taxes are stifling growth as they join a campaign to cut duty on alcohol.
The owner of the Glenlivet and Chivas Regal whisky brands has bought a £58million stake in one of the world's top new tequila brands.
The managing director of renowned single malt whisky specialists Gordon and MacPhail is to step down, the Press and Journal can reveal.
Hopes have been raised that homes and businesses in Moray could soon have access to mains gas after whisky-producers built a new £7.6million pipeline.
Specialists in the oil and whisky sectors should be recruited for the UK's overseas trade missions in a drive to boost Scottish exports, according to a new report.