Whisky news from the The Scotch Whisky Association
Scotch whisky is a cornerstone of the Scottish economy- 30th May, 2010
New study reveals Scotch Whisky’s massive economic impact across Scotland
Figures released today (Sunday 30 May 2010) reveal that Scotch Whisky is worth £4 billion a year in added value to the Scottish economy - with the industry spending in excess of £1.1 billion annually on supplies produced north of the Border.
A new study - The Economic Impact of Scotch Whisky Production in Scotland - by Verso Economics, also reveals the industry’s annual turnover in Scotland is now £6.4 billion and that after oil & gas the sector remains the country’s leading manufactured export, with shipments of £3.1 billion a year.
The spending with Scottish suppliers, which includes £200 million on cereals, helps support 35,000 Scottish jobs, with the industry itself directly employing 10,300 people across the country.
The study, commissioned by The Scotch Whisky Association, also reveals:
Spending with Scottish suppliers has increased by 61% since 2000
Export value has grown by 42% since 2000 (from £2.2 billion)
Capital spending of £355 million a year, of which nearly a third is invested in Scotland
Scotch Whisky’s economic impact is as significant as tourism - with employees adding
twelve times more value per head
Industry productivity at £262,000 per employee is six times the Scottish average
One fifth of Scotch Whisky jobs are in the more fragile rural communities across the
Highlands & Islands Scotch Whisky supports double the number of Scottish jobs than those in aerospace &
defence, as well as a similar number to those employed in Scottish universities
The majority of employment is found in Strathclyde (52%), Central Scotland & Fife (17%),
Grampian (14%), and Lothian (11%)
Welcoming the study's conclusions, Gavin Hewitt, SWA Chief Executive, said:"Scotch Whisky's importance to Scotland is clear. The study confirms Scotch Whisky is a
cornerstone of the Scottish economy, supporting 35,000 jobs and generating around £4 billion in
added value. That economic impact benefits every corner of Scotland, with distillers spending
over £1 billion across the supply chain.
"The new UK Government wants to support manufacturing and exporters, and build a fairer tax
system. It could combine all three objectives by reforming an unfair duty regime which
undermines the competitiveness of the Scotch Whisky industry. The alcohol duty structure is no
longer fit for purpose, discriminating against Scotch Whisky at home and sending out the wrong
“We are pleased the new Coalition Government has announced it will review alcohol taxation.
The aim must be to put in place a fairer and more socially responsible regime where all alcohol is
taxed according to content. With the right support, the Scotch Whisky industry can deliver even
more to communities across Scotland."
Exclusive Interview with Paul McDonagh owner of Bon Accord: Glasgow Whisky Bar
Published Date: 16th February 2019
It’s a pub that I have been into many times in the past, even before my passion for whisky took over. So, when I got the opportunity to meet the owner of “Bon Accord”, Paul McDonagh, I jumped at the chance. Read more
100,000 bottles of rare whisky sold at UK auction in 2018 - Value of rare whisky bottles sold at UK auction exceeds £40m
Published Date: 8th February 2019
Rare Whisky 101 co-founders Andy Simpson and David Robertson
The UK’s rare whisky auction market has exceeded sales of more than 100,000 bottles of rare whisky in a single year for the first time as global demand accelerates. Read more
New Irish Whiskey With A French Connection Writers' Tears Copper Pot Deau XO Cognac Cask Finish
Published Date: 6th February 2019
Carlow, Ireland: 5 February, 2019: Walsh Whiskey has released Writers’ Tears Copper Pot - Deau XO Cognac Cask Finish, a super-premium edition of its universally popular Writers’ Tears Copper Pot Irish whiskey. It is the fourth expression released under the Writers’ Tears range. Read more
Stars align for launch of Littlemill 40 Year Old Celestial Edition
Published Date: 5th February 2019
Loch Lomond Group has launched the Littlemill 40 Year Old Celestial Edition (46.8% ABV) in the UK, the oldest expression ever to be released from the now lost Littlemill distillery. Read more