UK wine industry's mixed feelings ahead of Brexit vote
(3 Jun 2016) FOR CLEAN VERSION SEE STORY NUMBER: 4038463
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UK wine industry experts are eyeing the upcoming vote on whether to leave the European Union with mixed feelings.
With producers and suppliers heavily reliant on pan-European trade, many remain unsure how Brexit will impact upon business.
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Sparkling wine on a summer's day in the English capital.
Glistening flutes and bottles in abundance, and a crowd of happy lunchtime drinkers add to the atmosphere of excitement and discovery, along with an impromptu game of ping pong.
It must be London Wine Week.
This is the third year of the festival, and this year is the most popular to date.
Festival director Emma Murphy says It's the largest self-guided wine tasting that there is across London. It's kind of the only event of its kind that we have over here. So we work with 125 bars, restaurants, independent merchants who all get involved .
But although these flutes of fizz are English sparkling wine, much of the wine the festival goers here are tasting is from EU member states such as France, Spain, Portugal, Italy and Germany.
The June 23 referendum on whether to quit the European Union is fast approaching. So is this something the industry should fear?
I wouldn't have said so, says Murphy.
Wine trade has been going for long enough, even long before the euro, so I wouldn't have thought that would make much difference to be honest with you. Hopefully not anyway.
At the festival hub on London's Devonshire Square, there are pop-up bars featuring wines from across Europe.
These two young graduate trainees are enjoying wines from Portugal, and with their festival wristband, it costs them just five British Pounds for a flight of three.
Oscar Stenbom and Anna Rogers both agree that things may well be different if Britain leaves the union.
If it's more expensive for them to send the wine here, if there's more tariffs, then yeah I guess it would be, says Anna, while Oscar is concerned about regulation and labelling:
It would also be more difficult to know what you are drinking because there won't be as many restrictions on labelling the wine based on where it's actually from and the grape it's actually come from.
The New Street wine shop has been taken over by the wine festival. They sell wines from all over the world but today they are holding a tasting featuring wines from Ribera del Duero in northern Spain.
Most wine drinkers know about the region of Rioja, but Bettina Lemm is informing these festival goers about the region she represents.
I think they (wines of Ribera del Duero) are still an emerging market, especially in the UK. The UK is an important market for Ribera del Duero, it's the seventh-largest export market for Ribera del Duero but I think that we're still establishing ourselves.
But if the UK is an important export market, is Brexit going to throw the proverbial spanner into the works? Lemm doesn't seem too worried I think at the moment we're pretty confident as we've seen year to year that exports have grown. I think that's going to continue and I don't think it's a worry that we have at the moment, she says.
Wine used to have a rather old fashioned reputation and a comparatively elderly demographic, but this has changed enormously in recent years.
The prevalence of wine clubs popping up in the UK is an indicator of wine's increasing popularity.
Tom Harrow of Honest Grapes explains why this is I think this is because people want to engage more with what's in the bottle. It's not just liquid, they want to know the stories behind it, they want to meet the people involved. And there's the sociable aspect, you know wine is fundamentally something which we do with other people, he says.
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