Retail sales slowed in May to the lowest annual growth since April 2013 as shoppers begin to feel the impact of price inflation, according to the late Retail Sales bulletin from the Office for National Statistics.
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With change the only certainty of Brexit, the trade needs to prepare for likely eventualities and present a united front.
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Three days of the London Wine Fair (LWF) is quickly drifting into a blur of meetings, conversations, debates and of course, tastings of some truly fabulous wines.
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Breaking down the cloud of uncertainty brought about by Brexit into manageable bite-sized pieces was the objective of panelists at this afternoon’s London Wine Fair industry briefing.
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Daniel Lambert of Daniel Lambert Wines calls for clarity on the likely levels of trade tariffs after 1 April 2019 and argues that the public should be told
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Brexit and its impact on wine industry’s the flow of trade will take centre stage at this months’ London Wine Fair (LWF).
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The Wine & Spirit Trade Association (WSTA) this morning laid out its five key asks of the next government ahead of the upcoming General Election on 8th June.
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Amid the uncertainty surrounding trade routes and tariffs thrown up by Brexit, exports of Scotch rose in both value and volume last year, rising by 4% to more than £4 billion and 4.8% to 1.2bn bottles respectively.
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A historic moment in British politics and the beginning of a new chapter for the UK alcohol industry took placed this morning when Theresa May signed the letter that will formally begin the UK's departure from the EU.
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The prime minister's spokesman has confirmed that Theresa May will trigger article 50 on Wednesday, March 29, initiating the formal process for the UK to leave the EU.
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As we hurtle towards the hard Brexit scenario outlined by Theresa May in her speech earlier this week, there are two main concerns affecting our industry.
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The UK wine industry has urged the government to crack down on excise duty tax evasion carried out via the smuggling onto the UK commercial drinks market of duty-free wine.
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The UK referendum decision on European Union membership surprised many, but while the parliamentary and legal bodies work through the most appropriate process to enact legislation, the wine and spirit trade can use the time to plan for change.
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With referendum result and the ensuring market turmoil, on top escalating overheads and competition from online/supermarkets threatening the off-trade, it's of little surprise that there's not much festive cheer on the high street at the moment.
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UK wine producers have urged the British government to maintain zero tariffs on wine and to establish a seasonal worker scheme ahead of Britain's departure from the European Union.
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The consumer organisation which campaigns for the health of the beer and pub sector is calling on the government to maintain a freeze in beer duty in the upcoming Autumn Statement and consider an additional cut in next year's budget.
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The majority of UK wine wholesalers and distributors are in surprisingly good shape to cope with any Brexit fallout, a new report has found.
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The Wine and Spirit Trade Association (WSTA) met Brexit minister David Jones last week to discuss how the industry can protect trade and the 600,000 of jobs currently supporting the UK wines and spirits industry.
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While Americans are reeling from what is being dubbed the "Brexit of the US", it's déjà vu for us here in the UK this morning.
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New WSTA chairman Dan Jago has said he wants to strengthen the trade body by including more members in order to face the "monumental" challenge posed by Brexit head-on.
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