The Business Times
SUBSCRIBERS

Whisky makers in pro-EU Scotland raising a toast to Brexit boon

Published Wed, Dec 21, 2016 · 09:50 PM

Glasgow

WHILE most of Scotland voted against leaving the European Union, whisky makers have quietly been raising a wee dram to a side-effect of the Brexit vote - a plunge in the value of the pound.

The currency devaluation has made exports cheaper, generating a bump since 90 per cent of Scotch whisky is sold outside Britain, although the industry warns that the longer-term outlook is far more cloudy.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here