The rebirth of English whisky: should you invest?
Raise your glass to a national success story – English whisky
It’s time to raise your glass to the newest whisky nation in town – England. English whisky has come a long way since the turn of the millennium. There are at least 55 distilleries from the northeast to the southwest that have laid down spirit (ie, begun the process of ageing grain spirit in casks), with the first bottlings already picking up awards. English whiskies from The English Distillery and The Lakes Distillery have been named the “World’s Best Single Malt” in two of the past three years, while whiskies from England have also picked up awards in the World Whisky Masters, hosted by The Spirits Business magazine.
Whisky has been made in England since at least 1636, when the Worshipful Company of Distillers was granted a charter for producing the spirit. By the 1800s, there were distilleries in Liverpool, Bristol, London and elsewhere. But gradually the craft died out. The last English whisky distillery, in the Lea Valley, near Stratford, switched to making gin in 1905.
In 2003, English whisky was reborn at Hicks & Healey in Cornwall. Dozens of distilleries raced to join the liquid gold rush over the years that followed. One of the things that makes English whisky so interesting is the relative freedom distillers have to innovate. There are, for example, fewer rules than with making Scotch single malt, which is proudly tied to longstanding traditions. English whisky, on the other hand, is just getting started. The English Whisky Guild, which recently published its first annual review, has applied to the government for geographical indication (GI).
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
If and when it is granted, each of the four home nations will have GI recognition for its home-grown whisky industry. For English whisky, it will set a bar for quality and standards, with English whisky made from British grain and produced and matured in England. The world has already acquired a taste for it – 40% of English whisky is exported outside Britain. “There’s a lot of excitement around English whisky at the moment,” says Simon Aron, founder and CEO of whisky cask retailer Cask Trade.
“Enthusiasts and collectors worldwide have rapidly established a strong market for it.” With around 50,000 casks produced a year, the market is poised to breach the £1 billion mark.
Naturally, that is still a drop in the ocean compared with Scotch, but the numbers are rising fast. The English Whisky Guild estimates production will expand by a factor of five in the “medium to long term” from the 2.1 million litres of pure alcohol currently produced in a year. “We think the optimism surrounding English whisky is well-founded,” says Aron. “It’s established a reputation for innovation, with distilleries such as Cotswold and White Peak experimenting with different cask types and maturation techniques, producing some exceptional and award-winning expressions known for their exceptional quality and taste.” Collectors will want to get in before the real party starts.
This article was first published in MoneyWeek's magazine. Enjoy exclusive early access to news, opinion and analysis from our team of financial experts with a MoneyWeek subscription.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.

-
How much would it cost you to buy a house in Great Britain's happiest places?Average asking prices for a property in the happiest place in Britain are below the national average
-
How the Budget will hurt you: MoneyWeek TalksPodcast An Autumn budget podcast special episode, featuring MoneyWeek editors Kalpana Fitzpatrick, Andrew van Sickle and Cris Heaton.
-
Profit from a return to the office with WorkspaceWorkspace is an unloved play on the real estate investment trust sector as demand for flexible office space rises
-
Why a copper crunch is loomingMiners are not investing in new copper supply despite rising demand from electrification of the economy, says Cris Sholto Heaton
-
Where to look for Christmas gifts for collectors“Buy now” marketplaces are rich hunting grounds when it comes to buying Christmas gifts for collectors, says Chris Carter
-
Three solid British stocks going cheapOpinion Ian Lance and Nick Purves, fund managers at Temple Bar Investment Trust, highlight three British stocks with strong cash flows and robust balance sheets
-
Is now a good time to invest in Barclays?Barclays' profit growth is healthy, and the stock is cheap compared with its rivals
-
Profit from other investors’ trades with CME GroupCME Group is one of the world’s largest exchanges, which gives it a significant competitive advantage
-
Key lessons from the MoneyWeek Wealth Summit 2025: focus on safety, value and growthOur annual MoneyWeek Wealth Summit featured a wide array of experts and ideas, and celebrated 25 years of MoneyWeek
-
Defeat into victory: the key to Next CEO Simon Wolfson's successOpinion Next CEO Simon Wolfson claims he owes his success to a book on military strategy in World War II. What lessons does it hold, and how did he apply them to Next?