- Location
- London
What are people's thoughts on the weak pound helping UK winemakers?
UK beer and wine makers await post-Brexit export boom
UK beer and wine makers await post-Brexit export boom
UK wine brexit boost?
- Thread starter ben chapman
- Start date
-
- Tags
- wine
- Location
- London
What are the prospects for the 2016 vintage?
- Location
- Leiden
Don't know about wine makers, but it will help clear any stocks of fine wine wine that are in the UK. As the pound fell against the euro after the financial crisis I bought quite a few cases in the UK. Great for a while, but then the prices started to rise and it was less attractive. Pound was a lot weaker then though - we were down to 1.10 and below against the Euro.
- Location
- Cheshire
I would have thought the impact on UK wine and beer producers would be minimal. Does any other country buy any English wine at all?
- Location
- London
Oddly the French buy a fair amount of it.
- Location
- Herefordshire
But with a wine industry worth only about £100,000,000 in total, exports are going to be a drop in the puddle.
Single malts on the other hand ...
Single malts on the other hand ...
- Location
- London
It'll be a big boost for whisky, and is having an effect on the UK fine wine market driven by the devaluation of sterling, with increased buying from Asia. There is likely to be more trade to trade activity as well due to inventories being depleted and the requirement to restock. Prices of first growths from back vintages are seeing an unusually large rise since June 23rd. Whether prices will fall back over the next few weeks or months remains to be seen. You can very clearly see the effect on price rises here.