post03 February 2017Market News

Hard Brexit heads for the wine market

British Prime Minister Teresa May’s announcement yesterday that the UK is heading for a ‘hard’ Brexit – with no automatic access to the European single market – surprised nobody. But it provided a lot of food for thought to members of the wine industry, and not just in the British Isles. Mike Veseth, the ‘Wine […]

British Prime Minister Teresa May’s announcement yesterday that the UK is heading for a ‘hard’ Brexit – with no automatic access to the European single market – surprised nobody. But it provided a lot of food for thought to members of the wine industry, and not just in the British Isles.

Invest into Wine, Sure Holdings, Fine wine Investment, Good Returns, Brexit

Mike Veseth, the ‘Wine Economist’ had already written a blog post in which he predicted a rise in Britain’s already painfully high excise duty rates to help the government fund a weaker economy, as well as to pay for the 30,000 new government employees who’ll be taking on the work currently performed in Brussels.

 

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