The inflationary rise in wine tax announced at the Autumn Budget (29 October) means £2.23 of a £5 bottle of wine will be the duty pricing alone, according to research from wine supplier Bibendum.
Sales are fizzing at UK fine wine investment company Cult Wines, which reported a record 54% increase in global revenue to £52m in the year ending 31 August.
If plans to increase wine duty in line with inflation (by 3.4%) go ahead in November’s Budget, prices of sparkling could soar by 9p and still variants by 7p, according to a leading industry body.
Operators need to seriously up their wine offer and not add on huge mark-ups, according to Great British Pub of the Year licensee Heath Ball from the Red Lion & Sun in Highgate, north London.
English winemaker Chapel Down Group has exchanged on an agreement to lease 388 acres of prime viticultural land adjoining its existing vineyards on the North Downs.
Not drinking in middle age can increase the risk of dementia as much as drinking too much, according to a new report published in the British Medical Journal (BMJ).
Scrapping the alcohol duty freeze put in place last year by Government is “counter-productive”, and will increase pressure on cash-strapped consumers, the Wine & Spirit Trade Association has warned (WSTA).
The 21st century drinker is increasingly concerned about provenance and ethics in relation to the goods they consume, and wine is no exception in this regard.
The Treasury is continuing to make a mint from UK booze sales, despite a freeze on alcohol duty in November, showing the sector can remain fruitful without another hike.
Pub giant JD Wetherspoon (JDW) will offer more drinks from the UK and non-EU producers and brewers across its 880-strong estate from Monday 9 July in the run-up to the country’s departure from the EU.
People who drink beer and cider in the pub once a week or more are more likely to be retired and single than those who drink at home, according to a new study.
