Wine
Restaurant finds stash of Latour under secret trapdoor
The owners of a restaurant in Berkshire have discovered a secret cellar stocked with £20,000 worth of vintage wines, including Chateau Latour, after stumbling across a hidden trapdoor.
Liv-ex introduces ‘fair value’ method
After calling for an end to “opaque” en primeur pricing, Liv-ex has laid out a “fair value” methodology, which it says could lead to a new consensus on pricing and help Bordeaux “reinvent itself in the internet age”.
Pernod Ricard ‘negotiating’ price hikes post article 50
French drinks producer Pernod Ricard has confirmed it is negotiating price increases with its customers of its UK portfolio after Prime Minister Teresa May pulled the trigger on article 50, starting the process of the UK leaving the European Union.
Second leg of Monumental sale ‘a triumph’
The London leg of Sotheby’s three-part ‘Monumental Collection’ sale was branded a “triumph” after it made £1.6 million on Wednesday.