The fast-growing success of Britain’s wine industry

Hotter summers are great for the nation’s winemakers, says Chris Carter. But land for vineyards is selling at a premium – expect to pay up to £25,000 an acre for the best spots.

Picking grapes at Chilford Hall
The area under vine in Britain has expanded by 70% in the last five years
(Image credit: © Geoffrey Robinson / Alamy)

Britain is getting warmer. This year’s record-breaking 40.3°C, recorded at Coningsby, Lincolnshire, followed years of hotter summers – the ten warmest years in Britain have occurred since 2002.

That is, however, good news for Britain’s wine growers. English sparkling wine already competes with the best Champagne has to offer and regularly wins international awards. When it comes to reds, however, the climate is still too cold and clammy. Not for much longer, says a recent paper in the viticulture science journal OENO One.

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Chris Carter
Wealth Editor, MoneyWeek