Fraser Grieve

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Fraser Grieve

Fraser Grieve

@frasergrieve

Government & Business Relations | Public Affairs | Strategic Campaigns and Communications | https://t.co/BmHVdLEvxI. FCIPR

Torquay & London Katılım Ekim 2011
1.5K Takip Edilen1.1K Takipçiler
Fraser Grieve retweetledi
Scotch Whisky Association
Scotch Whisky Association@ScotchWhiskySWA·
🆕 SWA Chief Executive @MarkAGKent responds to today's damaging hike in excise duty, saying "Put simply, the government cannot expect the Scotch Whisky sector to just keep delivering growth, both at home and on the world stage, if the conditions which support growth are not nurtured." Read the full statement 👉 scotch-whisky.co/budget-response
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Fraser Grieve retweetledi
Graeme Littlejohn
Graeme Littlejohn@littlegrumpyG·
Budget week. Some things to look out for in relation to excise duty on #ScotchWhisky...
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Fraser Grieve retweetledi
Graeme Littlejohn
Graeme Littlejohn@littlegrumpyG·
The last set of spirits revenue data before next week's @hmtreasury Budget was published by @HMRCgovuk this morning Spirits revenue down by 7% in first 7 months of 2025/26 compared to 2024/25 Spirits have seen sharper losses than any other alcohol category The trend is clear - the tax burden on #ScotchWhisky must fall to raise revenue and boost growth
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Fraser Grieve retweetledi
Scotch Whisky Association
Scotch Whisky Association@ScotchWhiskySWA·
This week @Keir_Starmer said that "It is important we do everything we can to support whisky". In next week's #AutumnBudget, we're looking to @RachelReevesMP and @HMTreasury to deliver immediate and effective relief Scotland's national drink with a multi-year freeze on spirits duty. This is the UK Government's opportunity to protect jobs, boost growth, and #SupportScotch 🥃 ➡️ scotch-whisky.co/excise
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Fraser Grieve retweetledi
Scotch Whisky Association
Scotch Whisky Association@ScotchWhiskySWA·
Thank you Torcuil Crichton MP for supporting the #ScotchWhisky industry by raising our ask on excise duty at today's #PMQs. A multi-year freeze on spirits duty will support the government's growth ambitions, and give Scotch Whisky producers the stable environment to invest and grow 🥃 📈
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Fraser Grieve retweetledi
Graeme Littlejohn
Graeme Littlejohn@littlegrumpyG·
In the coming weeks there will be a lot of focus on forecasts, modelling and predictions for future revenue growth. In her recent pre-Budget speech, @RachelReevesMP said "the OBR rightly make their predictions based on the data that has gone before, but I do not believe that our past has to determine our future." In relation to spirits revenue, the past 25 years tells a clear story. When spirits, like #ScotchWhisky, are supported through duty freezes and cuts, revenue increases at a faster rate than through RPI, or even RPI+, duty increases. The strongest periods of revenue growth over the past 25 years have been between 1999 and 2007, when a multi-year freeze was implemented by then Chancellor Gordon Brown, and between 2014 and 2022, when duty was stable, giving distillers confidence to invest and grow. The weakest period of revenue growth has been in the last two years, with spirits revenue flatlining despite a cumulative 14% duty increase. For spirits revenue, the past should determine the future. The evidence is clear - if @hmtreasury wants to grow revenue, it should freeze duty on #ScotchWhisky and other spirits, and give the industry the stability it needs to be an engine of growth.
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Fraser Grieve retweetledi
Scotch Whisky Association
Scotch Whisky Association@ScotchWhiskySWA·
"Industry thrives on both certainty, and stability" 🎙️ On the latest @jimmysjobs, SWA CEO @markagkent explains how a freeze on spirits duty in the #AutumnBudget for the course of this next Parliament will allow #ScotchWhisky producers to plan and invest in their businesses and communities. Listen to the full episode on @spotify or wherever you get your favourite podcasts 👂 open.spotify.com/episode/5qybnG…
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Fraser Grieve retweetledi
Scotch Whisky Association
Scotch Whisky Association@ScotchWhiskySWA·
🆕 📰 "It would surely be reckless for the Chancellor to consider throwing any more obstacles in the way of businesses striving to generate growth amid such challenging economic conditions." @Heraldscotland's @ScottWWright writes on the calls to back #ScotchWhisky, and in turn, the extended supply chain - including hospitality and farming - with a multi-year freeze on spirits duty in the upcoming #AutumnBudget 👇 heraldscotland.com/news/25563152.…
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Fraser Grieve
Fraser Grieve@frasergrieve·
The last spirits duty increase has seen duty receipts to @hmtreasury fall by £138m in the first half of this financial year but drive up government borrowing costs by £310m. A lose-lose. UK borrowing overshoots forecast by £7.2bn thetimes.com/article/6bff72… @thetimes
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