Leading front bench MP Sadiq Khan has followed up a Harpers request to lobby the Chancellor for a 2% cut in alcohol duty for wine and spirits and back the Wine & Spirit Trade Association-led Drop the Duty campaign.
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The euro has been having a rough time of it lately, which has implications for the wine world and may cause things to change over the next couple of months.
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Denis O'Flynn, managing director of Pernod Ricard UK, talks about his plans as the new chairman of the Wine & Spirit Trade Association.
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Brown Forman's reported underlying net sales grew by 5% and operating income increased by 7% for the first nine months of fiscal 2015 ending on January 31, 2015, despite the headwinds of a strengthening US dollar and unfavourable foreign exchange.
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A French vineyard that launched a crowdfunding campaign has already attracted the record number of investors.
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An English wine producer has had over 5,000 bottles of English wine stolen from its bonded warehouse in Sussex.
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Treasury Wine Estates has seen profits tumble nearly 60% - but boss Michael Clarke insists the company is making progress in "resetting" the troubled business.
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Dixons Carphone deputy chairman John Allan has been appointed to lead Tesco's board of directors as Richard Broadbent departs.
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Wine sales rocketed in 2014 at flash sales site Vente-Privée, which is celebrating a 20% increase in wine turnover to €44 million, as it ramps up its UK focus with the appointment of a new managing director.
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Sales growth for the first half of the financial year for Pernod Ricard was minimal, but stable, ahead of the announcement of leadership changes at the drinks giant.
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Restaurants and managed pubs saw like-for-like sales grow 1.4% in January, despite the snow and cold weather.
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After 13 reported months of decline Tesco has posted 0.3% growth and the supermarket industry as a whole appears to be improving with growth accelerating to 1.1%.
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There is some significant hype around the independent sector in the UK at the moment, but is it really warranted?
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Conviviality Retail, owner of Bargain Booze and Wine Rack, has acquired 37 stores owned by GT News in a deal worth £6 million.
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Moët Hennessy Louis Vuitton reported €30.6 billion in revenue for its full year financial results for 2014, which was up 6% over 2013, with revenue increases in all business groups except the wine and spirits arm of the company.
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The time is right for many independent operators across the wine and spirits sector to seriously consider consolidation in order to strengthen businesses, says drinks mergers and acquisition specialists Broderson & Co.
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Domaine Chanzy will be the first company in the world to use a crowdfunding platform to launch its initial public offering (IPO) on the AIM exchange.
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Diageo's half-yearly sales were hit by currency and the "challenging" trading environment as organic net sales fell 0.1% and volumes 1.9%.
Read more...Euromonitor's global economic outlook for 2015 forecasts the US economy will see the largest growth in real GDP and a strengthening currency, and should be the best performing advanced economy this year.
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Fever-Tree, the premium mixer company, announced yesterday a strong financial performance in the second half of 2014, with sales expected to rise 43% and revenue to grow 49% to £34.7 million.
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