The Scotch Whisky Association (SWA) chief executive Karen Betts is this week joining the Prime Minister Theresa May and International Trade Secretary Liam Fox on a business delegation to Japan to ensure that trade opportunities aren’t scuppered by Brexit.
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The demand for Japanese Whisky has seen a boom in the price of rare whiskies with prices up 65% in 12 months, to £450 a bottle.
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Four out of the top seven performing export categories in the UK’s food and drink market are alcoholic, new figures have revealed.
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Pernod Ricard kicked off its Christmas briefing strategy this morning with a reminder of why Christmas is the most important period in the trade’s calendar.
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First the bad news – on March 8, Chancellor Philip Hammond hit UK spirits with a near 4% hike in duty pushing the tax on the average bottle of Scotch to an eye-watering 79%. Having scrapped the duty escalator in 2014, followed by a cut the year after and then a freeze, this unexpected blow from “Spreadsheet Phil” provoked fury among distillers. “It is staggering that the Prime Minister stood up in Scotland on Friday [March 3] and said that Scotch whisky is ‘a truly great Scottish and British industry’ … and just five days later the Chancellor hammers this industry at home,” thundered Charles Ireland, managing director of Diageo GB.
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Scotch brand owner Edrington has reported seeing results from its five-year strategy plan after yearly profits soared 32% to reach £91m.
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Brown-Forman announced yesterday it has completed the acquisition of the single malt Scotch whisky conglomerate The BenRiach Distillery Company for £281 million.
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Scotch whisky export value was down 2.4% in 2015 totalling £3.86 billion in custom value, but it is good news as the decline in recent years is slowing.
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Iconic US Bourbon Jim Beam has released the Jim Beam Double Oak, which is being launched into the UK later this month.
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Scotland's Edinburgh Whisky, one the newest additions to the whisky scene, has signed a deal with Inverarity Morton, which now becomes the exclusive on-trade distributor throughout the UK
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Increased competition from American bourbon and Irish whiskey producers are challenging the single malt Scotch whisky category, but could education and brand building initiatives help the category?
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As flavoured whisky and Bourbon drinks sales boom, Dominic Roskrow looks at their impact on the category and how purists are coping with their popularity.
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It's been another huge year for whisky, but how do you go about offering a comprehensive and exciting choice for your customers? Dominic Roskrow offers some advice.
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The Cotswolds Distillery has released a three-bottle pack of new make spirit.
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A single malt whisky recommended to be served frozen has been launched by Diageo-owned Scotch whisky producer Dalwhinnie.
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Independent whisky producer Isle of Arran Distillers has revealed record results for 2014.
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Bladnoch, the southern-most distillery in Scotland is to start producing whisky again.
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Scotch whisky distilleries are attracting record numbers of visitors with over 1.5m people visiting Scotland last year generating more than £50m at distilleries.
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This summer the Herbridean island's first commercial whisky distiller called the Isle of Harris Distillers is set to launch.
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American Whiskey is now worth £190m in the UK and saw growth last year of 19% according to Nielsen's most recent beer, wines and spirits data.
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