James Miles
@hjpmilesChairman, CEO & Co-Founder of Liv-ex, the global marketplace for the wine trade. All views are my own.
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Excited to launch a new product on @Livex "List Studio" allows you to create, upload, store, edit, export lists on our platform and pull in prices & other data in real time. Value stock, spot opportunities and benchmark your list faster. It's very cool! vimeo.com/865520328/6cfa…
The UK’s productivity problem in one chart
The increase in UK borrowing costs since last week’s budget has wiped out all of Chancellor of the Exchequer Rachel Reeves’ headroom against her main fiscal rule trib.al/F36VM4L
Excellent analysis @GavinQuinney Increasing alcohol duty has raised less, not more revenue for @hmtreasury @RachelReevesMP @WSTA_Miles @wstauk
The graphic shows UK duty increases on 1 Aug 2023 The latest HMRC alcohol duty receipts data was released today. Between Sept ‘23 & Aug ‘24, year-on-year receipts were: ◦£1.3bn lower overall ◦Wine: £238m lower ◦Spirits: £757m lower ◦Beer: £320m lower ◦Cider: £24m lower
“How beautiful it is to do nothing, then rest afterwards”. The motto for the holiday!
"The UK has the most remarkable position in the global [wine] industry, and if you look at the role it's played..it's been at the epicentre of the trade's activity, the industry's activity." Richard Cochran, @felixsolisgrupo Find out more below ⤵️ youtube.com/watch?v=Vgfd-4…
It is genuinely difficult to know what to say. This outcome has been so obvious for so long. I'm afraid the medicine is going to taste pretty awful. #Bordeaux #Wine wine-searcher.com/m/2024/07/recr…
Labour leader urged to drop 'sneaky' post-Brexit wine tax grocerygazette.co.uk/2024/07/02/lab…
Sunak’s wine legacy. The highest rates of duty on wine in Europe, with 64 bands of duty (to replace just 2!) from 1 Feb 2025. Will the next government do the right thing - it’s a simple move - and help businesses and consumers? My monthly newsletter… newsletter.bauduc.com/t/y-e-mjyduyd-…
Macallan 81YO became the most expensive bottle ever to trade on @Livex this week at £115k. 💪 liv-ex.com/2024/06/second…
The strength of the Dollar and the US economy is underpinning demand in the fine wine market, says @Livex liv-ex.com/2024/05/us-mer… #wine #market
Good piece indeed, but gosh how many times do we all have to these points. 🙉
Wise words on Bordeaux 2023 en primeur from Joss Fowler vinolent.net/2024/05/08/202…
A very decent gesture from LLC. 40% price fall on last year. Granted 2022 is a high benchmark and the 2023 will be a similar price & score to 2015 & 19 already in the market, but sends a strong message to other big names in Bordeaux. Good start. #bdx23 #wine
For a classified growth cutting below E25 per bottle is tough given the costs of competing at this level. But at E100, owners should be making 70%+ margin, @ E200 80%+ and @ E500 90%+! Only the top 30 wines can rescue the campaign (possibly the system). thedrinksbusiness.com/2024/04/first-…
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Who to follow
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Lisa Perrotti-Brown
@LisaPBMW -
Jeannie Cho Lee MW
@JeannieChoLee -
Corney & Barrow
@corneyandbarrow -
jane anson
@janeansonwine -
Richard Hemming
@RichardHemming -
Lea & Sandeman
@LeaandSandeman -
Wine Lister
@winelister -
Matt Walls
@mattwallswine -
CircleofWineWriters
@CircleofWine -
Lenka Sedlackova MW
@Lenkster -
Simon Woods
@woodswine -
Gavin Quinney
@GavinQuinney -
Natasha Hughes MW
@londonvino -
Adam Lechmere
@AdamLechmere -
Charlie Matthews
@bordeauxuncorkd
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