Moray SNP News
SPEYSIDE WHISKY INDUSTRY CAUGHT UP IN TORY BUDGET CHAOS18/10/2022
Commenting on the UK Government’s decision to reverse plans to freeze whisky duty as part of its mini-budget, Moray’s SNP MSP Richard Lochhead said:
“The whisky industry is vital to Speyside and Moray’s economy and like all industries, whisky producers need clarity and stability in these challenging times. Instead, this key sector is being caught up in Tory chaos and promises to freeze duty on Scotch whisky have now been taken back by the new Chancellor.
“Just twenty-four days ago the sector was planning for a tax burden of 70% on a bottle of Scotch – after the new Chancellor’s announcement that climbs to 78%.
“The mini-budget has been a complete shambles and this Tory Government has treated people in Moray, and the whisky industry in Speyside, with nothing but contempt.”