Whisky: Scotland

(asked on 3rd September 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the Autumn Budget 2024 on the Scotch Whisky industry.


Answered by
Torsten Bell Portrait
Torsten Bell
Parliamentary Secretary (HM Treasury)
This question was answered on 9th September 2025

Over 90% of scotch is exported, and so will not be directly affected by the Budget measures, but the industry is set to be among the biggest beneficiaries from the trade deal with India, which is set to reduce tariffs from 150% to 75% initially, and then 40% over time.

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