The Scotch Whisky Association (SWA) has secured a 10-year trademark for Scotch whisky in China, during a three-day trade visit to the country with Prime Minister Theresa May.
Scotch whisky sales have fallen by 1M bottles since Chancellor Philip Hammond hiked spirits tax in the March budget, claimed the Scotch Whisky Association (SWA), which is urging the Exchequer to lift the duty in next month’s budget.
Weakening global demand for Scotch whisky could put the brakes on Diageo’s plans to upgrade its northern distilleries as part of the business’s £1bn expansion plan announced in 2007.
Food and non-alcoholic drink exports climbed by 4.8% to reach £6.5bn in the first half of this year but Scotch exports sank by 11% to £1.77bn over the same period.
Environment secretary Owen Paterson is taking the fight against fake whisky to Moscow this week in a bid to to protect Scotch whisky from counterfeits.
