The rate of sterling plummeted earlier today, dropping by 1.3% against the US dollar and 1.1% against the euro, as the market reacted to worse than expected GDP figures, writes Nick Ryder of Smart Currency Exchange.
Read more...The Guardian
The Chinese may be buying up the world's best Bordeaux, but is hard to think of a wine that's less suited to Chinese food, says Fiona Beckett.
Sterling fell against the US dollar and euro yesterday as investors took profits following last week's highs.
Read more...Bibendum has launched a new Market Insights division that aims to work closely with customers to deliver greater profits for the its category.
Read more...Le Bouchon Breton in London's Spitalfields market has been named the best place for a drink whilst out dining in the 2011 Harpers Wine & Spirit Drinking Out Excellence Awards.
Creation Wines of South Africa has named Ellis of Richmond as its UK distributor.
Read more...Emporia Brands is rolling out a series of spirits training days for specialist wines and spirits merchants.
Read more...Battersea-based wine bar Artisan & Vine is joining with DrinkBritain.com to launch a 'Best of English - Meet the Winemaker' series of tastings.
Read more...The Austrian wine industry has announced a positive year in 2010, despite difficult market conditions.
Read more...A selection of Andrew Lloyd Webber's wine collection went under the hammer in Hong Kong this weekend, raising $5.6 million (£3.5 million).
The Home Office has linked up with key trade bodies for a new alcohol conference "Is Big Society a partnership?" which aims to allow the industry to debate new legislation.
Read more...Sterling finished slightly stronger against the US dollar on Friday after following the euro higher against the US currency.
Read more...2010 was a record year for Cognac, as shipments reached an all-time high of 1.86 billion Euros (£1.58 billion).
Bibendum's Bibendum Times website has been named as the UK most influential wine blog by Wikio in its January 2011 rankings.
Read more...Champagne Laurent-Perrier has revealed it is to release its latest vintage to the trade, the Vintage 2002.
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Bacardi is introducing a new range of ready to serve authentic cocktail drinks which it believes could open up a new drinks category to outlets unable to currently offer a credible cocktail service.
Louis Latour Agencies has appointed Bibendum's Dan Bolton as its new managing director.
Read more...Emporia Brands is launching spirits training days for independent merchants and specialist outlets across the country.
The Deputy Prime Minister praised the Scotch whisky industry as it was announced that global exports are heading for a record year ? up 12% in the first 10 months of 2010.
