Brexit is now making our wine more expensive
When Brexit came for our chocolate, we were upset, but now that it's targeting our wine? Well, we're positively furious.
According to new reports, our plans to leave the EU are going to have a disastrous effect on wine consumption - namely that we're going to have to drink less of it, if we don't want to become broke.
And guys, this isn't like a few pennies here and there we're talking about, the UK Trade Policy Observatory has done the maths, and the future is not bright at all.
Their analysis shows that by 2025, the price of a bottle of wine could be as much as 22% higher than it is now. Bye bye £6 Gallo.
As a result, they predict that the volume of consumption will also take a downward turn, by 28%, as cash-strapped wine-lovers have to look for cheaper alternatives.
A life without Rosé? Yep, we're distraught.
The UK wine production industry is also likely to take a hit, as the study predicts the value of UK imports will be 27% lower in eight years time, meaning a tough road ahead for people working in the industry.
So, what should we do about it now?
BUY ALL THE WINE. Maybe. And hope for the best.
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