Colin Matthews criticizes tax hikes, urging government support for Scotland’s whisky industry
Loch Lomond: Colin Matthews, the CEO of Loch Lomond Group, is concerned. He says the Chancellor’s tax hikes could hurt the whisky industry. He believes these changes are poorly thought out and could slow growth.
Matthews recently announced plans for a new distillery and visitor center. This project has been approved by local authorities. It will be located in Luss, right by Loch Lomond.
Despite the good news, Matthews worries about the industry’s future. He feels political support is fading, especially after recent tax proposals from Rachel Reeves.
As a director of the Scotch Whisky Association, he warns that Scotland needs a better approach. Without it, the industry could face serious challenges.
The new distillery will cover over 5,000 square meters. It will offer guided tours, tastings, and a unique brand experience. Visitors can enjoy both Loch Lomond whisky and gin.
Located near Ben Lomond, the site will also feature premium food and drink options. Matthews sees this investment as a major milestone for the company.
He emphasizes that this investment shows confidence in the local community. However, he also points out the challenges posed by the UK Government’s tax hikes and regulations.
Matthews insists that for the industry to thrive, the government must change its approach. He believes this will help create jobs and boost economic growth.
The new project aims to highlight the area’s rich heritage and natural beauty. Matthews hopes it will attract visitors from around the world.
He concludes that Scotland’s spirits are valuable and should not be overlooked. He calls for real change and action from the government, not just empty promises.
The distillery and visitor center are expected to be completed this summer. The existing smokehouse in Luss will be repurposed for this new venture.