FDBusiness.com

UK Market For Scotch Whisky Shrinks

 Breaking News
  • British Brewers Decrease Their CO2 Emissions by 42% Total CO2 emissions from the UK’s brewing industry have fallen by 42% in the last decade (2008 to 2018) – a reduction of 202,952 tonnes – according to new research conducted by the British Beer & Pub Association (BBPA). The research also found that the energy used to brew a pint of beer in the [...]...
  • Small Irish Snack Manufacturer Secures Major Contract With Tesco Pinkfinch, a County Down-based fruit snacks supplier, has secured a major contract with Tesco Ireland, which will see an estimated 100,000 bags sold annually. From launching his business in his parent’s spare bedroom five years ago,  Pinkfinch founder Michael Heaslip (pictured) has grown his innovative product line across Ireland, the UK, Europe, and the Middle East,  with [...]...
  • UK Supermarkets are Struggling to Grow The latest grocery market share figures, published by Kantar, show year-on-year supermarket sales were flat during the 12 weeks to 11 August 2019 as the tough comparisons with 2018’s strong summer continue. The memory of last year still looms large for retailers and this summer’s comparatively poor weather, combined with low levels of like-for-like price [...]...
  • Tickets Still Available For 2019 Irish Food & Drink Business Awards Some tickets are still available for the 2019 Irish Food & Drink Business Awards presentation ceremony and gala dinner to be held at the Citywest Hotel in Dublin on the evening of Thursday, 5 September 2019. The winners of the 2019 Awards will be named at the event. The prestigious awards programme, which was first introduced [...]...
  • Nestlé UK Launches New On-trend Flavours Nestlé has introduced two new on-trend flavours to its much-loved Munchies brand in the UK and Ireland. Available in 101g sharing bags, new Munchies Chocolate Fudge Brownie and Munchies Cookie Dough are the first new Munchies products since 1996. The new flavours were created at Nestlé’s confectionery sites in York and Fawdon, Newcastle. Munchies Brand Manager [...]...

UK Market For Scotch Whisky Shrinks

UK Market For Scotch Whisky Shrinks
March 14
14:24 2014

The UK market for Scotch whisky declined by 3% last year at the same time as annual above-inflation excise duty increases continued to pile pressure on the industry. Figures just published reveal that the number of 70cl bottles of Scotch whisky released for sale in the UK fell to 87.5 million in 2013 from 90m the previous year.

The Scotch Whisky Association (SWA) says this is further evidence that the alcohol duty escalator, introduced in 2008, is damaging a domestic industry that is vital to the economy. The industry supports 35,000 jobs and is vital to many fragile rural and urban communities. The escalator means that duty has increased by 2% above the rate of inflation each year since 2008. Tax on Scotch whisky has risen by 44% over five years.

Some 79% of the average price of a bottle of Scotch is now made up of tax and VAT.

The SWA is asking Chancellor George Osborne to ‘Call Time on Duty’ in the forthcoming Budget statement (19 March). It is calling for the alcohol duty escalator to be scrapped and duty frozen. The SWA says this would be fairer on the industry and hard-pressed consumers, as well as boosting public finances.

Since the escalator was introduced, the UK market for Scotch whisky has declined more than 15% in volume from 103m bottles in 2008. Some 16m bottles of Scotch have been lost from the domestic market in the last five years.

In last year’s Budget, the escalator was removed from beer and duty was cut. Whisky drinkers now pay 48% more duty than beer drinkers for the same amount of alcohol. The ‘Call Time on Duty’ campaign wants the escalator scrapped on all alcohol and duty frozen.

David Frost, Scotch Whisky Association chief executive, says: “It’s obviously disappointing to see this decline in Scotch whisky volumes in our domestic market. In next week’s Budget the Chancellor has the perfect opportunity to support a vital Scottish industry. He should scrap the unfair alcohol duty escalator and freeze duty this year. This move would also benefit consumers and public finances.

“Since the introduction of the escalator in 2008, the UK market for Scotch Whisky has shrunk by more than 15%. Fairer tax treatment would help address this decline in theUK. It would send the right message to overseas governments in markets where imported products, such as Scotch whisky, face discrimination. It would also reflect and support the UK’s drive for export-led growth.”

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2019Packaging Innovations & Luxury Packaging London 2019
  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements