William Grant & Sons details ‘challenging’ 2025 after 13% profit decline
William Grant & Sons (WG&S) has released its results for the year ending 31 December 2025, detailing a difficult year as challenging headwinds continue to prevail.
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William Grant & Sons (WG&S) has released its results for the year ending 31 December 2025, detailing a difficult year as challenging headwinds continue to prevail.
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The Scottish government has announced its support for the #VATsTheProblem campaign, which aims to cut VAT on hospitality to 10%.
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Vinarchy – the business formed out of the merger of Accolade Wines and Pernod Ricard Winemakers – has launched Vintelligence, an initiative designed to make aisles and menus easier to navigate for consumers.
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Workers at Diageo’s Cameronbridge distillery are set to strike after a dispute over the drinks giant’s plans to slash jobs across its operations.
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According to the second edition of Liberty Wines’ Independent Off-Trade Wine Report, 40% of independent merchants increased their sales between March 2024 and March 2026, with a quarter of indies growing sales by over 10%.
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The Welsh government has announced a 30% rates cut for high-street businesses including pubs, bars, restaurants, hotels, live music venues and licensed clubs in a move intended to “breathe new life into town centres”.
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LWC has announced the acquisition of Wigan Beer Company, a long-established wholesaler which serves pubs, bars, restaurants and other hospitality venues across northwest England.
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International fine wine and rare spirits merchant Cru Wine has appointed Andrea Marino (pictured) as its new MD, following its three-year restructuring programme.
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Pernod Ricard's FY26 report has revealed that its organic net sales fell by 3.9% over the past financial year, with organic profit also dropping by 5.2% in a worse than expected period for the drinks giant.
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Staff at retailer Majestic purchased bottles of Bollinger Special Cuvée from Sainsbury’s after being told to by bosses, The Sun has reported.
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Unite the Union has confirmed that from tomorrow (26 August) until 9 September a strike action ballot will be open, allowing about 100 members at Diageo’s Cameronbridge distillery to vote on whether to take action.
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The government has launched a review into the way business rates for both pubs and hotels are calculated in England and Wales – which could lead to reforms.
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The Welsh government has announced the appointment of Exchange for Change as the Deposit Management Organisation (DMO) for its Deposit Return Scheme (DRS), which launches in October 2027.
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Salford Distillery has announced a partnership with ‘specialist commercial growth partner’ DOMI Brands which will support the producer’s next phase of expansion.
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The Society of Independent Brewers and Associates (SIBA) has called on the government to delay the implementation of its deposit return scheme (DRS), after what it called “a shocking lack of details”.
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Over the past financial year, Guinness-producer Diageo has cut almost 2,000 people from its workforce as its new CEO – Sir David Lewis – implements his restructuring plan.
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The Wine Society has announced the launch of a specialist Fine Wine Service, as part of its long-term investment in strengthening its fine wine offer for members.
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Treasury Wine Estates (TWE) has released its fiscal report for FY26, describing a loss of around AU$1 billion (£523 million) on its net profit after tax (NPAT) this year.
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According to new analysis from Liv-ex, Burgundy has overtaken Bordeaux as the most traded wine region by value in a single month, for the first time since 2022.
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Some of the world’s biggest companies are family run – from Walmart to Comcast, Dyson to Aldi – but what makes such businesses so appealing to consumers and how do they plan for succession to retain their credentials? In terms of the latter it’s not as simple as just assuming or hoping that the next generation will step up to take over the reins when the time comes, or even that such an option remains viable since the changes in inheritance tax introduced in the 2024 Budget, even though they were more favourably amended at the end of last year.
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