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In order to increase stocks, businesses may have had to pay over the odds and given that most of our members seem to be heeding our advice to increase stocks, they have paid for them. Soon after the Referendum, we did some research into the availability of bonded warehouse space for stocks that we expected to be needed and the answer was, barely.
UK wine trade braces for a no-deal scenario | vitisphere
Have you estimated the overall cost of Brexit so far to UK businesses in the wine trade or is it impossible to gauge? Immediately after the referendum, our best guess was that a bottle of wine would increase by 30 pence by the time we left the EU. No-deal is a very big cost and we could probably work out how much it would cost if it were to happen.
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- Home - The Wine and Spirit Trade Association.
The UK has been developing a strong local bottling industry, often serving the EU. Has Brexit had any impact on this? We certainly have good evidence from our members who either provide or rely on UK bottling. There are some big companies that do bottling at scale in the UK and then send the product to other parts of the EU, and they are certainly thinking about whether a UK hub is the best model or not.
Several New World countries have struck continuity deals with the UK. Will this give them an advantage over EU wines?
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