Food & Drink

Dram fine news - scotch whisky 'worth £5bn' to UK economy

A report from research group 4-consulting has suggested that Scotch whisky is worth up to £5bn to the UK economy. Scottish distillers employ 10,900 people directly, the study found, but also support a further 30,000 through the supply chain. The figures make whisky the third biggest industry in Scotland, behind energy and financial services, comprising about 70% of the entire Scottish food and drink sector. Despite a slowdown in exports, more than 1.26 billion bottles are shipped abroad each year, bringing in £4.3bn. Exports to the US alone were worth almost £820m in 2013, a record high. The trade body published the figures as it stepped up its campaign for a 2% cut in excise duty in the March budget.


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