Brexit bonus for English sparkling winemakers?

Alan Livsey reports in the Financial Times that Brexit could have a positive impact for English sparkling wine.

“Brexit and global warming have been good for us, I’m afraid,” says Gareth Maxwell, sales and export manager at sparkling winemaker Hattingley Valley, a bit sheepishly. A weakening of the pound against other major currencies — 15 per cent since last summer’s referendum — has made Hattingley Valley’s bottles cheaper for foreign buyers, while also raising the price of champagne and other imported sparkling wines. Hattingley exports 40 per cent of its output, around 140,000 bottles.

Gareth also talks about how increased global temperatures have also been beneficial for grape growers in England.

Read the full article here.

Hattingley Vineyard Reportage 2016 © The Electric Eye Photography 90.jpg
NewsRebecca Fisher