Article
Forgotten whisky cask sets £1m auction record
Despite being bought 34 years ago for £5,000, a rare cask of whisky has sold for a record-breaking £1m at auction. The owner had forgotten
UK-India trade deal cuts whisky tariffs in half
The UK has just signed a major £26 billion trade deal with India, and for the Scotch whisky industry, this is a breakthrough moment.
For the first time, India has agreed to reduce its notoriously high tariffs on imported Scotch whisky. Tariffs will initially drop from 150% to 75%, with a further phased reduction to 40% over the next 10 years, dramatically improving access to one of the world’s most promising consumer markets.
India is already the largest whisky market in the world by volume, and this change is expected to unlock hundreds of millions in new export value. The Scotch Whisky Association projects growth of up to £1 billion over the next five years.
For collectors, the implications are clear. Greater demand from India could increase the global appeal and resale value of certain casks. With improved market conditions and a fresh wave of international interest expected, this development strengthens the long-term outlook for whisky collections.
Click here to read the full BBC article
Curious how this could impact your portfolio? Simply reply to this email and a member of our team will be in touch.
More Articles
Article
Whisky News: Introducing the Cask Whisky Association
In a notable development in the world of whisky, the Cask Whisky Association (CWA) has made its debut, aiming to create a secure environment for
Article
A Whisky Cask Owner’s Glossary
This glossary will provide you with the key terms to discuss whisky casks. Whether you are a cask owner or an aspiring one, this glossary
