In restaurant news this week: Dining out in the UK is predicted to fall by over a third in September, London wine bar Top Cuvée gets ready to open a shop, and a MasterChef: The Professionals finalist prepares to open a West African restaurant in October.
Lord Ashcroft invests further £2.7m in English wine
Conservative peer Lord Ashcroft, the majority shareholder in English winery Gusbourne, has invested a further £2.7 million in the company as it announced it had raised a total of £3.7 million through the issuing of new shares to investors.
Fine wine investment: Rising Burgundies
One of the questions arising from last week’s note on the narrowing of first growth and second label price differentials is not simply whether it will continue but, for those of a more speculative inclination, where else it might manifest itself. Burgundy perhaps?