Forbes Article Rating

Brexit Is Costing The Scotch Whisky Industry £5 Million A Week

Aug 12, 2021 View Original Article
  • Bias Rating

    -10% Center

  • Reliability

    N/AN/A

  • Policy Leaning

    -22% Somewhat Liberal

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

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  •   Conservative
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-100%
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100%
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Bias Meter

Contributing sentiments towards policy:

58% : On its website covering Brexit, the SWA makes clear that there have been delays and disruptions to shipments, that exporting to the EU is now more expensive and complicated, and shipping to Northern Ireland is still problematic.
56% : Though Brexit has clearly not helped the Scotch whisky industry thus far, the picture is still rosier than 2020, when US tariffs and economic uncertainties from the Covid pandemic were also hitting overall sales hard.
54% : Scotland's ruling party, the Scottish Nationalist Party (SNP), have recently claimed that trade complications created by Brexit are costing the Scotch whisky industry £5 million ($6.9 million) a week.
52% : The cost of doing business is certainly higher for Scotch whisky companies because of Brexit, and to some extent favor larger companies that can absorb the costs while smaller producers might lose out.
52% : Despite Downing Street's protests, Brexit has also complicated the process of exporting despite the free trade agreement signed between the EU and UK.
46% : In an official statement, it pointed out the rising levels of exports since a 2020 nadir, while also making clear that doing business in the EU has become more complicated thanks to the changes in trade that Brexit has created:
44% : "The way Scotch Whisky is exported to the European Union has changed since Brexit, and producers have had to adapt to changes to customs systems, labelling and paperwork, as well as the withdrawal of some transport services.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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