Page 3 - Mark Kent News Today

Over the last five years, Scotch whisky has remained resilient against challenges such as retaliatory tariffs, a global pandemic and knock-on economic pressures, says the Scotch Whisky Association, in a new economic impact report.

The SWA has revealed that the government has lost out on nearly £100m in tax revenue since the chancellor increased alcohol duty last year.

Scotch whisky is now so popular around the world that sales account for more than a quarter of all the UKs food and drink exports.

Figures have shown that the Scotch Whisky industry contributed £7.1bn to the UK Economy in 2022.

The Scotch Whisky Association said whiskys contribution to the economy in that year had increased by 29% since 2018.

The Scotch whisky industry supports 66,000 British jobs and contributes more than £7bn to the UK economy, according to a new report.

The Scotch Whisky Association said the industry is worth £5.3 billion to Scotland alone

Industry accounts for 77% of Scottish food and drink exports

Scotch whisky helped to boost the UK economy by £7.1 billion, but the Scotch Whisky Association called on the government to remove the "multiple" barriers to growth.

The Scotch Whisky Association (SWA) has revealed that Scotch whisky generated £7.1 billion (US$9bn) in the UK in 2022.