Though tiny compared with rivals, English wine trade is thriving as climate crisis fuels flood of new capital from investors
The largest English vineyards increased their revenues by 15% last year, as wine investors respond to the climate crisis by planting more vines.
While the UK still languishes well down the list of the largest wine-producing nations, below countries such as Uzbekistan and Tunisia, the industry’s output has soared in recent years, rising by 77% last year to 161,960 hectolitres, equivalent to 21.6m bottles.
Continue reading…Though tiny compared with rivals, English wine trade is thriving as climate crisis fuels flood of new capital from investorsThe largest English vineyards increased their revenues by 15% last year, as wine investors respond to the climate crisis by planting more vines.While the UK still languishes well down the list of the largest wine-producing nations, below countries such as Uzbekistan and Tunisia, the industry’s output has soared in recent years, rising by 77% last year to 161,960 hectolitres, equivalent to 21.6m bottles. Continue reading…