Scotch Whisky Industry Frets Over Scottish Independence Vote

Members of Scotland’s best-known industry are watching the vote for independence with serious trepidation.

Lack of certainty about Scotland’s currency, interest rate levels and membership in the European Union—which eliminates trade barriers in its largest market—all compete for the top of the list of worries.

Mike Younger, one of the few Scotch executives who will speak to the media, is finance director for Macleod Distillers, makers of Glengoyne Single Malt. He is solidly in the “no” camp. “I’m nervous,” he said, “because the results could be quite difficult for business.”

Scotch whisky is the third-largest contributor to Scotland’s GDP after the oil industry and financial services…

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