From this month until the end of 2023, The Drinks Trust aims to raise £230,000 to support those who need help the most through its new Cost of Living Crisis Appeal.
Cost of living crisis: UK hospitality lifeline
The cost of living crisis is a sobering prospect for hospitality. Of course, the entire drinks industry will be affected, from production to distribution, but hospitality is once again likely to take the biggest hit.
Portuguese wine producers “on the verge of bankruptcy”
Portugal’s association of wine traders, Anceve, has called on the government for economic support as it warns rising costs have left many small- and medium-sized producers “on the verge of bankruptcy”.
Dublin-based online whisky store, The Single Malt Shop, has announced that they will now deliver to the UK and to celebrate the launch, delivery costs to the UK will be free until the end of May.
Foster’s to demerge Treasury Wine Estates
Foster’s Group has announced a proposal to demerge Treasury Wine Estates at a cost of AU$151m.