CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Which wine should you choose for the festive season?

With Christmas upon us and the New Year looming, thoughts may be turning to what wine to drink with the family. Does one push the boat out and arrive at a party with an expensive bottle to impress, or should we go for a tried and tested classic?

IG Analyst

Publication date : 2017-12-18T16:27:21+0000

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Giles Cooper, marketing director at BI Fine Wine & Spirit Merchants, says that people tend to ‘revert to the classics’. Here he includes Bordeaux, Burgundy and the Rhone. These, he says, are well-balanced wines that go well with food. Cooper also includes in this list of ‘classics’, some wines from Spain, like Rioja. These, he says, tend to be more mature, as they spend more time in the barrel.

In terms of the price point, Cooper says that if you pay between £35.00-50.00 per bottle of wine, and you take good advice, should you need it, you can tap into the fine wine market. However, he also points out that the wine market is driven by supermarkets in the UK and the average price per bottle remains under £7.00.

So far as the New Year celebrations are concerned, sparkling wine remains the prime choice. Here, English sparkling wines are beginning to compete against some of the Champagne labels. But Cooper says, at the top end, there is still no major challenge to Dom Perignon, Christal, Krug and Tattinger Comtes de Champagne.

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