A wine investment company that misled customers to invest in fine wines has been shut down after frittering away investors’ money on personal expenditure.
The UK’s centre of excellence in wine education has announced that students enrolled on wine courses for the academic year is at its highest since it began 30 years ago.
With so much conflicting research in the market and varying opinions from analysts, The Morning Advertiser’s Drinks List 2019 reveals exactly what is going on with sales at the bar.
Natural wine is enjoying a surge in popularity thanks to consumer interest in health and wellbeing, according to one expert behind a dedicated online shop.
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.
