The Scottish Beer & Pub Association (SBPA) and the Scottish Licensed Trade Association (SLTA) have joined forces, calling on the Scottish Government to pass on funding for their sector following the Chancellor’s Autumn Statement which will see English businesses receive a 75% reduction in rates bills in the financial year 2024-25.
Scottish food and drink professionals met with colleagues from France — the Scottish sector’s biggest export market — last night at a special ‘Scottish Islands’ themed St Andrew’s Day event backed by the British ambassador and the Scottish Government.
A luxury Scottish chocolate brand that started in its owner’s home kitchen has successfully expanded into new premises after receiving advice and support from Business Gateway.
Whisky firm Gordon & MacPhail has reported a substantial increase in profits and turnover, with significant contributions from the successful sale of an 80-year-old single malt and robust growth in Asian markets.
Massimo Panarella, the entrepreneur behind Kirkcaldy-based Don Basilico, has successfully garnered a £25,000 loan to purchase a new food truck, enhancing his authentic Italian pizza offering in Fife.
The Scotch Whisky Association (SWA) has praised the Chancellor’s decision to maintain the current 10.1% alcohol duty rates, providing a much-needed reprieve for the sector, saying that the decision to cancel a further hike provides “much-needed stability” for distillers.
The Artisanal Spirits Company (ASC), ownership of The Scotch Malt Whisky Society (SMWS), has secured a substantial financing deal with Ferovinum, amounting to £15 million.
Paisley-headquartered the Albex Group has expanded its portfolio with the acquisition of Rainbow Dust from Real Good Food PLC in a deal worth £800,000.
Nc’nean Distillery Limited, an independent Scottish whisky producer, has received a significant funding package facilitated by Virgin Money and backed by the UK government’s UK Export Finance (UKEF) to further its expansion into North American markets and bring its vision for sustainable, organic Scottish whisky overseas.
Ardgowan Distillery, Inverclyde’s zero-carbon whisky producer, has commenced construction on its £20 million facility, hailed as the “cathedral of whisky”.