Should you look at Irish whiskey as an investment? March 5, 2021 With St Patrick’s Day on the not-too-distant horizon, thoughts inevitably turn to iconic festivities to be enjoyed. For many this involves toasting a taoscán of Irish whiskey. The day and drink are synonymous with each other. But this year maybe you should think about investing instead of drinking your whiskey? The Irish end their toasts [...]
City Spirits: Put the G&T to the side for a refined rum revolution March 5, 2021 If you’re after a quick and refreshing sundowner, there are fewer drinks easier to throw together than a gin and tonic. The quintessential afternoon tipple, the humble G&T has been the key vehicle for the phenomenal growth in gin – both in sales and in the sheer variety of bottles available to try – over [...]
City Spirits: Our new drinks column takes on the Super Bowl February 5, 2021 Several years ago, Joel Harrison and Andy Silvester met in a south London pub discussing lower-league football. Fast forward, and Joel is now the co-author of several books on spirits and one of the world’s leading booze writers and creative consultants, and Andy Silvester is City A.M.’s Acting Editor – with a penchant for cocktails [...]
Spirits focus: How Merser & Co is bringing rum back to London January 25, 2021 When we refer to London gin, we know exactly what we’re talking about, for London has long been considered the global capital of gin. But London’s rum history has very little awareness. Very few Londoners seem to know the history of the city’s rum blending houses and how London was a hub of rum in the [...]
UK distillery numbers jump as craft gin popularity booms March 16, 2020 The number of distilleries in the UK has surged as craft gin continues to grow in popularity, according to the latest research. Distilleries jumped 20 per cent to 246 over the last year, up from 205 the previous year, as the UK gin industry toasted a nine per cent increase in export sales to £672m [...]
How whiskey became Kentucky’s multi-billion dollar cottage industry October 30, 2019 Standing in the private dining room of a Louisville hotel, I angle a roasted marrow bone towards my face and pour a shot of Wild Turkey down the emptied channel. It sluices the remaining beef fat into my mouth, adding a rich, silky finish to the oaky caramel of the bourbon. A cheer goes up [...]
70 years after the publication of Nineteen Eighty-Four, we visit Orwell’s remote Scottish island home September 6, 2019 The Hebridean island of Jura has a particular fascination with 1984. Time seems to stand still here, like the early morning mist that lingers about the island’s rolling valleys. But that’s not to say that the small population obsesses over the goings on in Dallas, wears leg warmers, or puts up with Madonna’s Like a [...]
Fevertree Drinks shares worth £36 despite sell-off July 24, 2019 By Graeme Evans from interactive investor. Slower growth is never good news for highly-rated stocks, but Fevertree still has plenty of fans. Runaway success stories like Fevertree Drinks (LSE:FEVR) don’t come around often, which is why yesterday’s latest slide for the AIM stock should alert investors to a potentially enticing entry point. The sky-high valuation has weakened considerably since early [...]
Fevertree’s remarkable turnaround April 5, 2019 By Graeme Evans from interactive investor. A 15 per cent trading range following annual results shows how divided opinion is on this AIM favourite now. Having accelerated from £158 million at IPO to a £3 billion-rated company in just over four years, posh mixers firm Fevertree Drinks (LSE:FEVR) underlined again today why it is regarded in [...]
Fevertree profits fizz despite UK sugar tax hit to margins March 26, 2019 The glass was half full at Fevertree today as it reported a surge in profits and revenue for 2018. Read more: Fevertree sales fizz as tonic maker cheers bumper summer The figures Profit after tax rose 26 per cent year on year to £61.8m in 2018, even as the profit margin was squeezed almost two [...]