Whisky distillers 'furious' over duty freeze reversal

United Kingdom News News

Whisky distillers 'furious' over duty freeze reversal
United Kingdom Latest News,United Kingdom Headlines
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Whisky firms say the chancellor's decision to reverse a planned tax freeze will hurt businesses.

that the policy change would "dampen" the industry's ability to invest in the UK and create new jobs.He said: "Predominantly they are SMEs , and they are trying to scale up in the UK market before exporting.

"They are already facing significant costs to their business. Distilling is a very energy-intensive industry. He added: "The fear now is that with these tax rises coming down the line that the industry is actually going to deliver less revenue for the exchequer as people start to purchase less Scotch whisky and go out into the economy less than they would have done before.

Emma McClarkin, chief executive of the British Beer and Pub Association, described it as "a huge blow to brewers and pubs".

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