Monday 31 May 2010

SCOTCH WHISKY IS A CORNERSTONE OF THE SCOTTISH ECONOMY

PR from Scotch Whisky Association

- New study reveals Scotch Whisky’s massive economic impact across Scotland -

Figures released today (Sunday 30 May 2010) reveal that Scotch Whisky is worth £4 billion a
y ear in added value to the Scottish economy - with the industry spending in excess of £1.1 billion
annually on supplies produced north of the Border.
A new study - The Economic Impact of Scotch Whisky Production in Scotland - by Verso
Economics, also reveals the industry’s annual turnover in Scotland is now £6.4 billion and that
after oil & gas the sector remains the country’s leading manufactured export , with shipments of
£3.1 billion a year.
The spending with Scottish suppliers, which includes £200 mi llion on cereals, helps support
35,000 Scottish jobs, with the industry itself directly employing 10,300 people across the country.
The study, commissioned by The Scotch Whisky Association, also reveals:
 Spending with Scottish suppliers has increased by 61% since 2000
 Export value has grown by 42% since 2000 (from £2.2 billion)
 Capital spending of £355 million a year, of which nearly a third is invested in Scotland
 Scotch Whisky’s economic impact is as significant as tourism - with employees adding
twelve times more value per head
 Industry productivity at £262,000 per employee is six times the Scottish average
 One fifth of Scotch Whisky jobs are in the more fragile rural communities across the
Highlands & Islands
 Scotch Whisky supports double the numb er of Scottish jobs than those in aerospace &
defence, as well as a similar number to those employed in Scottish universities
 The majority of employment is found in Strathclyde (52%), Central Scotland & Fife (17%),
Grampian (14%), and Lothian (11%)
Welcoming the study's conclusions, Gavin Hewitt, SWA Chief Executive, said:
"Scotch Whisky's importance to Scotland is clear. The study confirms Scotch Whisky is a
cornerstone of the Scottish economy, supporting 35,000 jobs and generati ng around £4 billio n in
added value. That economic impact benefits every corner of Scotland, with distillers spending
over £1 billion across the supply chain.
"The new UK Government wants to support manufacturing and exporters, and build a fairer tax
system. It could combine all three objectives by reforming an unfair duty regime which
undermines the competitiveness of the Scotch Whisky industry. The alcohol duty structure is no
longer fit for purpose, discriminating against Scotch Whisky at home and sending out the wrong
message overseas.
“ We are pleased the new Coalition Government has announced it will review alcohol taxation.
The aim must be to put in place a fairer and more socially responsible regime where all alcohol is
taxed according to conten t. With the right support, the Scotch Whisky industry can deliver even
more to communities across Scotland."