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The Grapevine

The WSTA's views, distilled.

The changing world has its price - Q2 2017 Market Report

The UK alcohol industry has always managed to weather political storms. Currency fluctuations and duty increases are part and parcel of most business models in an industry that is so trade-orientated. However, Brexit is the x factor we currently face; an unprecedented geopolitical event that, for better or worse, will affect the wine industry for years to come. In particular, the devaluation of the pound after the referendum meant that import costs increased which in turn meant that prices rose. We are beginning to see evidence of this.

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Taittinger – We Dig it!

A historic event took place last week in the world of English wine. Taittinger became the first Champagne House to plant vines in UK soil and as you would expect, the launch was carried out in style.

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Grape British Diplomacy

This week, Nusrat Ghani MP (Con, Wealden) put forward the industry’s case for serving English wine at UK overseas missions to Parliament. The 10 Minute Rule Bill aims to ensure British embassies and consulates overseas purchase and serve English and Welsh wine and sparkling wine at events and functions. WSTA Parliamentary Affairs Manager, Rebekah Kendrick, highlights the value that MPs’ support brings to the UK’s wine businesses.

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Budget Reaction – unsurprising surprises

What was surprising about the result of the Budget this year was that it that it did not contain any surprises.

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Wine and spirits - our challenge to the industry

Last week the WSTA launched our annual Budget effort with an ambitious, but achievable aim of convincing the Chancellor to cut wine and spirits duty by 2% in the Budget Statement on the 8th March. The facts about duty are well known:

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