A memorable month with friends, family, football and glorious weather. And, for some of us, Love Island. We’ve also had a record number of visitors to the château to taste and even to buy our wine, and there seems to have been no let-up in the number of online orders in the UK, which is great.
Tim Martin looks like the sort of bloke you could enjoy a beer with in one of his pubs, but he does talk a lot of nonsense about EU tariffs on wine. You may have seen Tim this month on the beeb on Question Time or Newsnight, or on Sky, or being widely quoted in the press. I responded to one of those articles on Twitter – in fact, to Nigel Farage proclaiming fellow Brexiter Tim’s guff as a ‘Brexit boom!’
It’s quite rare for one of my tweets to be shared so widely (photos of dogs in the vines have limited appeal) but this Tim Martin tweet of mine was viewed over 250,000 times, according to Twitter, and my little thread – a string of connected tweets, otherwise known as a rant – had over 1300 retweets.
You see, when Tim bangs on about the EU tariffs on non-EU wine and how we’re all going to be so much better off without them, he forgets to mention that the EU tariff at 6.5p to 8p a bottle on the Australian wine he buys is 27 TIMES less than the UK duty of £2.16, plus VAT. (HM Government charges wine drinkers in Britain no less than 63% of all the wine duty levied in the EU.)
Oh, and there’s a free trade agreement between the EU and Chile (the 32% tariff claimed by the Brexiter MEP Dan Hannan a little while back was utter hogwash) and most South African wine carries no EU tariff.
8p? Tim’s no fool: no one is going to ask, in a few years, why the wine isn’t any cheaper. Or point out that the fall in the value of sterling following the Brexit vote has increased the cost of the product more than the EU tariff ever would.
Anyway, here’s the thread. Keep reading
Now that all the leading Châteaux have released the opening prices, the 2017 en primeur campaign is all but done. Disappointingly though, the year of the frost has ended up as ‘a damp squib’.
There are many good to very good wines at the top end, but a sub-premium vintage won’t sell at premium prices. The châteaux can charge whatever they like, of course, and no one is forced to buy (as far as I know). I agree though with the many UK merchants who reckon that the prices should be viewed alongside the 2014 vintage, as I said last month.
I’d also rather have 3 bottles of 2016 than 4 bottles of 2017 at this level, in most cases. My tables below, showing my en primeur scores for the leading wines from 2017, 2016 and 2014 and the opening and current market prices for each vintage, demonstrate, wine by wine, why the 2017s have failed to sell. Keep reading
We hope you’re enjoying the sunshine. As we’ve discovered of late, it is most definitely rosé weather.
May can be such a great month. Some glorious weather, bank holidays, cup finals, the occasional wedding and the whole of the summer to look forward to.