French and New World wine prices soar over English vintages

French and New World wine prices soar over English vintages

British drinkers stocking up on their favourite wine for Christmas may find they need a stiff drink at the checkout. The plunge in the value of the pound has meant the cost of buying wine from the big wine-producing regions – including the Continent, Americas, Australia and South Africa – has shot up dramatically. But this may prove a boon to Britain’s fast-growing wine producers, making their vintages more price competitive than foreign rivals.

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