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Evening Standard
Evening Standard
Business
Mark Banham

Fine wine connoisseurs up spend in face of economic downturn

Sales of high-end wines to investors are on the up

(Picture: Kelsey Knight)

Connoisseurs and “wealthy’ collectors are lining up to beat the global economic squeeze by investing in fine wines and single malts as inflationary pressures take hold.

Supplier and retailer Bordeaux Index upped sales by 37% in the first half of the year and revenues at the group reached £80 million in the period until the end of June.

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