"According to UKHospitality, the price of wine has gone up 40% since 2020, which will surprise no one who has quietly wept into a 59 rioja."
"British drinkers already pay the highest alcohol tax in Europe and, as of this year, this will rise in line with inflation."
"When it's no longer a given that table eight will order a bottle of house wine, margins have to rise for those who do partake."
"If the hospitality sector can persuade people that 12-plus+ is a fair price for an Aperol spritz, it really ought to be able to do the same for, I don't know, a nice Georgian saperavi."
The cost of wine in the UK has surged by 40% since 2020, driven by factors like Brexit, climate change, and rising staffing costs. A significant contributor is the steep rise in alcohol duty, with British drinkers facing the highest alcohol tax in Europe. As fewer customers order wine, margins must increase for those who do. This creates a cycle of rising prices, affecting both businesses and consumers. Despite the challenges, there is potential for the hospitality sector to adjust perceptions of wine pricing, similar to cocktails.
Read at www.theguardian.com
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