Blog: Scotch for the Scots?
Andy Morton | 10 January 2013
A BBC Scotland investigation, aired last night, got all hot and bothered over the apparent lack of benefit whisky companies were according the country, particularly now business elites from Anhui to Angola are pushing profits ever higher.
An economics professor even suggested slapping a water tax on every bottle - it is, after all, only Scottish water that can be used to make real Scotch. (The Scotch Whisky Association yesterday heaped scorn on any so-called "tartan tax".)
But the programme's main beef – that not enough whisky companies are based in Scotland – may partly be offset by two stories out of the badlands of Fife this week. One, that a new whisky maker has received planning permission for a 4m-litre distillery, is on a far larger scale than the other, which saw funding secured for a 150,000-litre 'boutique' plant. But both are Scottish-owned and based and, though catering for widely disparate markets, are being aided by the Scottish Government.
In a comment piece last week, I mentioned the Food Processing Marketing and Cooperation grant that is set to play a key role in the setting up of smaller-scale, locally-owned distilleries, similar to the hundreds around the US that have added colour and diversity to the North American whiskey market.
The grant is targeted and focused on assistance for small-business development - surely a much better idea for Scotch, and Scotland, than a blanket tax hike.
You can view the BBC Scotland programme, Scotched Earth, here (only available in the UK).
Want to know how to make it to the top of the beverage business? According to Muhtar Kent, it's all about the networking....
A red sticker to a shopper is like a red rag to a bull. And as the masses charge at the deals, UK off licences and supermarkets are finding new and novel ways to entice the herd. ...
To celebrate its 250th anniversary, Cognac brand Hennessy is trumpeting a virtual time capsule, making a parallel between it and a barrel of Cognac....
Rarely do sponsorship deals pay off so quickly. ...
- Focus - Edrington's FY Performance by Brand
- Pernod relies on Indian whiskey to crack Africa
- Where Beer is Brewed Can Leave a Bad Taste
- Analysis - Storm clouds lift over Diageo Towers
- Hail Marie Brizard: But, For How Long?
- Comment - Diageo CFO to North America? Do the Math
- Diageo CFO Mahlan to head up N America
- Diageo sells "non-core" Gleneagles
- Former Bacardi exec takes De Kuyper CEO role
- Diageo lining up Gleneagles sale - report
- Global liqueurs insights - market forecasts, product innovation and consumer trends research
- Edrington Group in Spirits (World)
- The IWSR Company Profile 2014 – Remy Cointreau
- Diageo plc (DGE) - Financial and Strategic SWOT Analysis Review
- Global Tequila insights - market forecasts, product innovation and consumer trends research