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Glengoyne

  • Glengoyne whisky maker suffers worst decline in decades as demand falls

    Business

    Profit at the group behind spirts such as Glengoyne whisky and Edinburgh Gin has been slashed in half as it suffered the largest decline “in decades”. Edinburgh-headquartered Ian McLeod Distillers has posted a pre-tax profit of £15.6m for the year to 30 September, 2024. The total comes after the business achieved a pre-tax profit of £33.8m [...]

    Profit at the maker of Glengoyne whisky has been slashed.
  • Whisky Business: Scotch Whisky exports take a hit

    Whisky

    Morning Wire’s monthly look at trends in the world of Scotch Whisky. Scotch Whisky is one of the UK’s most successful sectors, but it’s facing increasing headwinds from challenges both at home and overseas. According to the Scotch Whisky Association (SWA), the value of Scotch exports topped £5.6bn in 2023, supporting 66,000 jobs across the [...]

    Workers fill casks that will be stored at the distillery for a minimum of three years before the product can be called Scotch Whisky at the whisky Annandale Distillery, in Annan, in Dumfries and Galloway, in Scotland. (Photo by Andy Buchanan / AFP) (Photo by ANDY BUCHANAN/AFP via Getty Images)

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