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Crisis? What crisis? Wine lovers keep boozing despite economic downturn
Crisis? What crisis? Wine lovers keep boozing despite economic downturn
Last Modified: 09 Jul 2008
By:
Nina Teggarty
Business is booming at auction houses as some fine wines change hands for four-figure sums.
If you've tightened your belt in response to the threat of recession by switching from the £4.99 to the £3.99, you might be shocked to learn that some folks out there are splashing out on wine as if downturn was a song by Petula Clark.
But business is booming at the auction houses, where fine wines change hands for four-figure sums. So is it an investment opportunity, or a chance to drown your sorrows?
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