Analysis: The wine trade has a case of 'Budget Blues' and rightfully so

The wine trade has a case of the 'Budget Blues. While spirits, beer and cider saw a duty freeze in the 2016 Budget, wine duty was handed an increase in line with inflation.

Soho House's credit rating downgraded

On Monday Moody's Investor Service credit rating agency downgraded the Soho House & Co and the Soho House Bond from Caa1 to Caa2, which is considered speculative grade is rated as poor quality and a very high credit risk.

Chapel Down's Curious Drinks gains hundreds of new stakeholders and £1.7m investment

Curious Drinks, Chapel Down's wholly owned subsidiary beer and cider business Curious Drinks, has welcomed nearly 900 new stakeholders after raising over £1.7m in a crowdfunding initiative.

Enter Story Headline

Pinkster gin launches £600,000 crowdfunding campaign on Growthdeck

Pinkster gin, the producer of raspberry flavoured and lightly coloured pink gin, has launched a crowdfunding campaign in an effort to raise a minimum of £600,000.

Smith Report: As an industry we have strength in numbers

Following the increase in wine duty doled out in the recent Budget and looking ahead to Brexit, it is important the trade have a united voice

Jerry Lockspieser: Are you an Inner or an Outer?

Are you an "inner" or an "outer"? This is not a question about bicycle tyres but the increasingly vexed matter of where you stand on Britain's membership of the European Union.

Sainsbury's posts first quarterly sales rise for two years

Sainsbury's has posted its first quarter of growth for over two years, amid signs that health is returning to the UK's beleaguered multiple retailers.

Profits slashed at Stock Spirits as Polish market woes take their toll

FTSE-250 Central and Eastern European branded spirits producer Stock Spirits posted disappointing 2015 results today on the back of problems in the pivotal Polish market.

Good news for Morrisons as group returns to profit

Big-four multiple retailer Morrisons bounced back into profit last year, according to figures released by the group today.

Asda continues slump as Tesco steadies in contracting market

The ongoing contraction in the UK's supermarket continued through February, according to the latest data from Nielsen, with sales down 0.8% by volume and 1.1% by value.

Global trading platform for bulk-wine industry launched

This week sees the launch of a new web-based exchange for the global bulk-wine industry.

What the Living Wage means for the trade

We all need to earn enough to survive. But the Chancellor's introduction of a Living Wage, announced last year and to be introduced this April, has proved controversial

The Smith Report: Has China fully recovered?

China, which once was the promised land for iconic wines, hit a tough patch, but with a growing middle class and an ever-growing appreciation for wine, could now be the time to start importing there?

London Stock Exchange singles out Chapel Down in annual SME report

Kent's Chapel Down winery has become the first UK wine producer to feature in the London Stock Exchange's annual 1000 Companies to Inspire Britain report.

Treasury Wine Estates strong H1 results show profits double

Treasury Wine Estates released its interim results for the first six months ending on 31 December, 2015 with net profits after tax more than doubling to AUD$87.6m and net sales revenue up 22%.

Distell posts strong growth and looks to double the size of the business by 2020

The Distell Group posted strong year-on-year growth following a record festive trading period and strong performances across Africa.

Pernod Ricard outperforms Diageo with solid half-year profit growth

Global drinks giant Pernod Ricard has reported solid growth in the first half of its financial year 2015/16, with organic sales up 3% to £3.9 billion.

WSTA calls for 2% cut in duty as sector gives Treasury a £200 million boost

The Wine and Spirit Trade Association has met with Treasury officials as part of its campaign for a cut in duty in next month's Budget.

The Smith Report: Tesco in the Spotlight

Following the finding by the GCA that Tesco seriously breached the Code, what does it mean for the future of the supermarket giant?