UK Economy Boosted by Scotch Whisky

Scotch whisky contributes to the UK economy nearly £5bn a year. The figures were announced after The Scotch Whisky Association (SWA) said that more than 40,000 jobs were supported by the industry across the UK, including 7,000 in rural areas.

The research also found that Scotch whisky made a positive contribution to the UK’s balance of trade of almost £3.7bn.

Exports were estimated to worth about £4bn while imports, such as packaging and casks, totaled only £200m.

The study also suggested that the UK’s trade deficit in goods of £115bn would be 3% larger without whisky’s contribution.

 SWA said the research reinforced Scotch whisky’s position as a “strategically important” industry for the UK.

In a statement, SWA said: “Scotch is a significant contributor to rural employment, supporting often fragile local economies.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: