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Showing posts with the label wine

EU Pays France €160m to Destroy Surplus Wine as Prices ‘Collapse’

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Summary: France receives €160 million from the EU due to plummeting wine prices and reduced consumption. Wine consumption drops by 7% in Italy, 10% in Spain, 15% in France , and a significant 34% in Portugal. Surplus wine is a result of increased production and decreased demand, prompting concerns about sustainability . Craft beer's popularity contributes to the challenges faced by the traditional wine market. Debate arises about potential solutions, such as distributing excess wine to those in need. ...

London Pubs Bustling Despite Punters Paying More in New Alcohol Pricing System

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Summary: London pubs thrive despite the implementation of a new alcohol pricing system. Pub owners express concerns about the potential impact on both their businesses and customers. Londoners show unwavering support for their local pubs, upholding the city's pub culture. Pub owners urge the government to reconsider the new pricing system for a fairer approach. The future of London's pub industry remains uncertain as policymakers assess the situation. London's pub...