Sterling surges against euro hitting €1.1594/£1

Sterling surged against the euro by close to 2%, hitting a high of €1.1594/£1, after yields on Italian bonds rose as the country struggles to implement tough spending cuts.

Sterling makes gains against dollar

Sterling gained against the US dollar on Friday afternoon in the wake of increased risk appetite following on from last week's EU summit.

Sogrape acquires Stevens Garnier

The wine producer Sogrape has increased its shareholding to a full buy-out of the UK wine agency, Stevens Garnier.

Grey Goose announces new partners for charity ball

Grey Goose Vodka is celebrating its sixth year of supporting the Elton John AIDS Foundation with the announcement of new partners, that includes the world renowned restaurant, elBulli.

Hardys pushes food compatibility

Accolade Wines is putting investment behind its Australian wine brand Hardys with sponsorship and sampling activity at MasterChef Live and the BBC Good Food Shows this autumn.

Glenmorangie launches Nectar D'Òr 15 Years Old

Glenmorangie has extended the extra maturation period of its Nectar D'Òr by three years, to offer the Glenmorangie Nectar D'Òr 15 Years Old.

Sterling rallies as European leaders strike euro debt crisis deal

Sterling hit a seven week high against the US dollar but dropped by around 1.5% against the euro as European leaders struck a deal on the euro zone debt crisis.

Cloudy Bay targets "culture loving urbanites"

Fine wine prices in retreat, says Bordeaux Index

Fine wine prices retreated 7.5% in the third quarter of the year, pointing to a "market correction" according to Bordeaux Index.

Hardys to sponsor MasterChef Live and BBC Good Food

Hardys is ramping up its association with cooking by signing up to sponsor MasterChef Live and the BBC Good Food Show.

Sterling down due to EU summit results

Sterling fell against the US dollar yesterday following the euro downwards against the US currency as markets nervously awaited the results from yesterday's EU summit.

Once Upon A Tree wins best drinks producer at Flavours of Herefordshire

Cider producer, Once Upon A Tree has won 'Best Drinks Producer' at this year's Flavours of Herefordshire Awards, presented by celebrity chef Jean-Christophe Novelli.

Cellar Trends' Paul Hollis dies

Paul Hollis, prestige account manager at Cellar Trends, passed away in his sleep on Sunday following a short illness.

Lindeman's adds NZ Sauvignon Blanc to range

New World wine brand Lindeman's has added a New Zealand Sauvignon Blanc to its Winemaker's Discovery Range.

Auchentoshan announces transatlantic 'Switch UK' winner

Martin Ball from Corridor, Manchester has been selected by the Auchentoshan distillery to represent the UK in a transatlantic bartender swap.

Russian wine producers to stop using term 'Champagne'

Russian wine producers have agreed to stop calling their sparkling wines Champagne, and are working towards creating geographical indications or appellations.

Simon Radley at The Chester Grosvenor awarded 22nd year Michelin star

Simon Radley at The Chester Grosvenor has been awarded a Michelin star for the 22nd year in a row.

Sterling falls off six week high against dollar

Sterling slipped against the US dollar, falling off a six week high as perceived 'riskier' currencies came under pressure on growing concerns over today's EU summit.

Restaurateur jailed for surplus wine con

A man behind a wine scam which conned wine lovers out of £380,000 has been jailed.

Currency and pricing strategy takes toll on Treasury Wine

Treasury Wine Estates - the company which owns the Penfolds, Lindemans and Wolf Blass brands - has blamed currency fluctuations for a decline in earnings in the Europe, Middle East and Africa region.