Ongoing Russia-Ukraine War continues to impact vodka
As the conflict in Russia and Ukraine continues, it has been reported that The Kremlin has been urged to increase prices of vodka, in order to match inflation driven by the war.
Anchor to shut down after 127 years
After 127 years, having survived San Francisco’s 1906 earthquake, Prohibition and both World Wars, Anchor Brewing Company is closing down due to recent economic pressures.
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.
Inflation looms for alcohol industry
Central banks are coming under increasing pressure to hike interest rates after inflation soared across the globe.
UK: Wine and spirits price rises double inflation rate
The price of wine and spirits has risen by more than twice the level of inflation, according to the latest WSTA Market Report.
British chancellor continues to target alcoholic drinks
The UK’s Chancellor of the Exchequer has again hit alcoholic drinks with a 2% above inflation price rise on beer, wines and spirits. 10% going on cider