‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
British consumers drink more sparkling wine for sixth year in a row as cava, prosecco and English wine take over December 18, 2017 Fans of prosecco, cava, and English sparkling wine have pushed up the national consumption of bubbly to the equivalent of 162 Olympic swimming pools. Sparkling wine consumption in the UK increased five per cent oveer the past year, to a total of 1.62m hectolitres, according to UHY Hacker Young. This marked the sixth successive year [...]
Gusbourne puts the sparkle back into the English wine industry as it angles a move in tourism sector October 23, 2016 Demand for sparkling wine has bubbled up in the past few years, cementing its place as one of the UK’s favourite drinks. Although prosecco has benefitted the most from this trend, outselling champagne for the first time in 2014, there’s a challenger on the sparkling wine scene that’s being made a lot closer to home. That new [...]
The popularity of English sparkling wine soared this summer according to the world’s most downloaded wine app September 8, 2016 English sparkling wine hit an all-time high in the UK this summer as interest boomed from drinkers wanting to try home-made tipples. User engagement, including review uploads and searches, on the world’s most downloaded wine app, Vivino, for English sparkling beverages grew by 32 per cent in June, 17 per cent in July and 17.5 [...]
Pop: Sparkling wine has fizzed in the last five years as the amount on sale nearly doubles August 15, 2016 The market for sparkling wine has fizzed over the last five years as the amount on sale in the UK has grown by 80 per cent. A burst in demand for champagne and cheaper alternatives, such as prosecco, has also driven a boom in English sparkling wine, according to accountancy firm UHY Hacker Young. The amount [...]
Home counties sparkling wine producer Gusbourne launches booze bond, backed by majority shareholder Lord Ashcroft July 20, 2016 English sparkling wine maker Gusbourne has launched a bond issue to raise up to £10m to put towards its home counties vineyards. Gusbourne placed up to £10m of five-year secured deeply discounted bonds yesterday, which can be converted into shares at a later date. Conservative peer Lord Ashcroft, who owns nearly two-thirds of the company, [...]
The Square Mile salutes all those who served the country September 29, 2015 Thursday saw the City’s great and good come together once again to raise a glass and funds for those who put their lives on the line for us. A little matter of a Black Cab demonstration nearby was not going to deter those who had secured their ticket and Guildhall played host to 400. [...]
City comes together again to raise funds for our heroes September 20, 2015 It’s that time again – when the cream of the culinary world are pulling out all the stops to lay on a lavish bash to raise funds for our service men and women and their families. This time Square Mile Salute are recreating the exclusive world of The Birley Clubs in the City’s historic seat [...]
Jobless figures and MPC report at centre stage – London Week Ahead December 14, 2014 BY THE looks of this week’s economic calendar, traders thinking of taking off early for their Christmas holidays may be forced to rethink their travel plans. In the UK the minutes of the Monetary Policy Committee’s (MPC) last meeting will also be scrutinised. However, the report which has the greatest potential to move markets is [...]
Mix it up: The English fizz giving French bubbles a run for their money May 13, 2014 @philip_salter Ideas can change the world. Back in 1776 the Scottish economist Adam Smith wrote The Wealth of Nations, and in the process upended the winner-takes-all, mercantilist vision of international relations. He replaced it with a model of the world in which nations cooperate and prosper through trade. From the ideas of Smith we grew [...]
Ashcroft gets into wine firm September 3, 2013 A BUSINESS backed by Conservative peer Lord Ashcroft yesterday revealed a £7m deal to buy English wine maker Gusbourne Estate. Investment vehicle Shellproof will change its name to Gusbourne and join the Alternative Investment Market as a new firm as part of the purchase, raising £2.85m in the process. Shellproof investors, including Ashcroft, will take [...]