UK cognac stocks rise to avoid border delays

Cognac exporters are stockpiling supplies in the UK to bypass border disruption as chances of a no-deal mount.

Patrice Pinet, of the Bureau National Inter­professionnel du Cognac and president of the Syndicat des Maisons de Cognac, said: “Spirit merchants have been bringing forward their exports to the UK to ensure stocks in the period of uncertainty which could appear in the event of no agreement.”

The two organisations are co-ordinating with the French government to try to help things go smoothly.

Last year, the UK was the fourth biggest export market for cognac, with 9.7 million bottles, behind China, Singapore and the US.

Marie Auden, ...

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