India and the United Kingdom are on track to put their long-awaited free trade agreement (FTA) into effect as early as April 2026 according to the sources.
China has agreed to halve its import tariffs on Scotch whisky, offering export gains for UK distillers. At home, however, a new rise in excise duty has reignited industry anger over taxation and lost growth.
Recent data from the SWA shows that India has already reclaimed the top spot from France as the largest market for Scotch whisky by volume, with nearly 192 million bottles shipped.
Recent data from the SWA shows that India has already reclaimed the top spot from France as the largest market for Scotch whisky by volume, with nearly 192 million bottles shipped.
Savers are set to lose a chunk of their tax-free cash individual savings account allowance as the Treasury prepares to take an axe to the £20,000 limit.