Author Archives: Alan Reid MP

Alan Reid MP writes… Time for the Chancellor to be fair on Scotch

WhiskyAs the local MP for Islay, I see frequently just how important whisky is to the island. Eight distilleries (and another planned), and the world famous brands they produce, help to drive the local economy and attract tourists from around the world to a remote corner of the Scottish west coast.

What is less easy to understand is why the UK continues to penalise the industry in its home market. Today, nearly 80% of an average priced bottle of Scotch Whisky – four pounds in every five you spend on a bottle – is accounted for by tax, making whisky one of the UK’s highest taxed consumer products.

Excise duty on whisky has increased by 44% since the introduction of an annual 2% above inflation duty escalator in 2008. The result has been predictable and damaging. The UK market for Scotch is now 12% lower than it was when the escalator was introduced, a loss of 6,500 bottles from the market every day.

Posted in Op-eds | Tagged , , , and | 5 Comments
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  • User AvatarPeter Martin 9th Aug - 11:09am
    @ Katerina, Yes a good point about looking at other countries' experiences. As far as I know there hasn't been a UBI introduced anywhere. And...
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    @Richard Easter “ The argument that the more voters see of a leader, the more they will think highly of them didn’t work for Swinson.”...
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    A well-worked-out scheme for a national Social Contract was offered as a motion for this autumn's Conference to the Federal Conference Committee by ourselves, the...
  • User AvatarKaterina Porter 9th Aug - 10:05am
    We British never seem to want to look abroad. We should look at that and variations of it. Finland, Uganda, etc As for paying for...
  • User AvatarDavid Raw 9th Aug - 9:50am
    @ Catherine Sorry about the typo.