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Scottish Whisky Association welcomes referendum decision

Scottish Whisky Association welcomes referendum decision

The Scottish Whisky Association (SWA) has backed the decision to vote 'No' in the nation's independence referendum.

Electorate north of the border voted against breaking from the United Kingdom and becoming an independent nation. The result prompted first minister and leader of the Scottish National Party (SNP) Alex Salmond to step down from both his roles. Mr Salmond had been at the forefront of the 'Yes' campaign but decided to resign after 55 per cent of Scottish voters went against becoming an independent nation.

The SWA was supportive of the decision to remain part of the UK stating that it brought "stability" and is now urging politicians of all parties to come together to ensure that Scotland is united once again. The organisation also highlighted the need for collaboration during this time and ensure that decisions are made with Scotland at the heart.

David Frost, chief executive of the SWA, said: "The referendum debate has shown the need for government and business to collaborate to address long-term economic challenges. We will be looking closely at plans for further devolution within this context.  

"There must now be a renewed focus on improving the business environment so that Scotland's economy can grow to everyone's benefit."

For many companies within the sector the decision signalled business as usual until there are clear plans for Westminster about more powers being devolved to Scotland. Among these companies is Diageo, which owns Scotch whisky brands such as Johnnie Walker, J&B and Buchanan's stated that it would be carrying on as normal until devolution is announced.

A spokeswoman for the company explained that Diageo will work alongside both the UK and Scottish governments to "ensure the most favourable business environment" for itself and the future growth of Scotch whisky as an industry. The goal is to ensure the long-term future of whisky as a national export.

 

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