The price of wine could soar by 10 per cent this year as searing temperatures and heatwaves continue to wreak havoc on Europe's vineyards. David Gates, CEO of Direct Wines and parent company Laithwaites, says a bottle of red or white from favourites , and will only get more expensive if the heat and drought continue much longer.It comes as prices for both wines and spirits have already risen by more than six per cent in the past year, according to government figures, as the cost-of-living crisis and continue to pull at Brits' purse strings.
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