Business & Finance - Harpers Wine & Spirit Trade News

Chancellor’s wine hikes to go live at midnight

Published: 01 February, 2019

The wine industry is being warned to prepare for today’s rise in duty, which will push up a bottle of still wine by 7p to £2.23 overnight.

Brexit: WSTA launches #NoToNoDeal campaign

Published: 20 November, 2018

The Wine and Spirit Trade Association (WSTA) has warned MPs ‘don’t bottle it’, while urging wine and spirit businesses to get behind a campaign that makes clear that a no deal Brexit would be unacceptable to the UK drinks industry.

Global wine markets: China shines as Brexit Britain picks up wooden spoon

Published: 13 November, 2018

The second annual ProWein Business Report looking at the attractiveness of international export markets for wine has placed China in pole position for the first time.

Ban on post duty point dilution could hammer British made and low abv wine

Published: 05 November, 2018

A change to legislation in the 2018 Budget policy document could have a significant impact on products made from concentrate in the UK, including British made wine, low abv wines, RTDs, sherry-style drinks and flavoured ciders – anything which is diluted after fermentation.

As Brexit looms, is this the worst-timed duty rise in wine's history?

Published: 31 October, 2018

An inflationary rise for alcohol will kick in on February 1 – less than two months before the UK officially leaves the EU, further squeezing businesses stockpiling and looking to plan ahead. Harpers looks at what this means for a great British industry

Duty frozen for spirits, cider and beer, but wine will rise with inflation

Published: 29 October, 2018

Investing in Britain’s future was one of the anthems that ran through Philip Hammond’s autumn Budget speech this afternoon.

Asia drives strong Q1 growth at Pernod Ricard

Published: 18 October, 2018

Pernod Ricard’s first quarter figures revealed strong growth underpinned by China and India the Asian markets.

Argentina currency collapse could boost premium wine exports.

Published: 11 October, 2018

In the last week of August there was more than a little flurry of activity for the emerging markets trading sector of Wall Street as the Argentinian peso collapsed yet again. Those in the UK and global wine trade tuned in to assess how this might affect the price and positioning of Argentina and its punter-pulling flagship Malbec.

UK winemakers lobby government to scrap “damaging” planned tax rises

Published: 08 October, 2018

Winemakers in England and Wales have banded together to try and convince the government to rethink plans for a duty hike that could hamper exports and stifle growth.

Berry Bros & Rudd sees sales rise

Published: 17 September, 2018

Berry Bros & Rudd (BBR) has seen sales rise by £16M, for the year ending 31 March 2018.

Brexit survey: Who's afraid of the big bad B word?

Published: 12 September, 2018

In the lead-up to next month’s scheduled EU summit, Jo Gilbert sets out to discover what the trade really thinks of Brexit, how it has impacted business so far and what is yet to come

Pernod hails dynamic UK growth

Published: 29 August, 2018

Pernod Ricard has revealed “strong results” for the most recent financial year, while chalking up 6% growth in the UK.

Australian bulk prices rise as short harvest meets Chinese thirst

Published: 17 August, 2018

The 2018 crush Down Under will fall short of meeting current demand for Australian wine, driving prices upward.

Wine set to help global alcohol consumption to reach £830bn by 2022

Published: 08 August, 2018

A relatively sunny outlook is being forecast for the global alcohol industry over the next five years, with the wine set to see the largest portion of growth.

Beer and pink gin help fuel rise in Diageo GB Sales

Published: 26 July, 2018

Diageo has seen its annual GB sales rise by 8% helped by its core gin and beer offering and ‘innovative’ NPD including pink gin.

Fever-Tree puts the UK at the forefront of premium and healthy drinking trends

Published: 24 July, 2018

Fever-Tree continues to gain ground in the UK and the US as the trend for premiumisation and healthy long drinks continues worldwide.

UK and EU step up preparations for a "no deal" Brexit

Published: 20 July, 2018

The Wine and Spirit Trade Association (WSTA) has voiced frustration over the plodding pace of Brexit negotiations as the EU published a paper on what businesses should do to prepare for a "no deal" or “hard Brexit” outcome.

“Frictionless trade”: What the white paper tells us

Published: 16 July, 2018

The government’s new white paper on economic arrangements post-Brexit is the roadmap that many have been waiting for, outlining how the EU’s future relationship with the UK could work after March 19.

William Grant & Sons report highlights impact of social influencers as spirits value growth overtakes wine and beer

Published: 13 July, 2018

A new “Active-ist” consumer mindset is on the rise, one which is more aware of its collective power to demand personalised experiences, shape brands and hold them to account.

Flexibility and confidence key for advancing women in wine

Published: 05 July, 2018

Offering flexibility and encouragement, and supporting women-owned business were key to advancing women in the wine industry, the Women of the Vine & Spirits’ inaugural London symposium revealed.