Merchants fear a Brexit disaster

General updates

Wine merchants rely almost entirely on an imported product. They thrive when consumers have a bit of disposable income. So it’s not exactly a surprise that an overwhelming majority voted to remain in the EU.

Our poll of 88 businesses finds that 70% of independents still want to stay in the EU, and most would favour a second referendum to settle the issue.

Some are sounding dire warnings about their prospects if Brexit goes ahead. One predicts that wine merchants of all shapes and sizes will close in their droves.

Are there some potential upsides? Some respondents suggest that they may be in a position to capitalise on the collapse of the importers who aren’t able to withstand the Brexit shock. It’s not the most positive way of looking into the future, but something to cling to at a time when optimism seems to be in short supply.

Read our survey report in the October edition. Don’t worry, there’s some funny stuff in this issue too.

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