Wednesday, December 21, 2022

Economic distress


Pretty decent Christmas (liquid) lunch, just a shame it wasn't mine! Some of the margins are crazy though, Calon Segur which is a nice enough St Estephe wine from Bordeaux is only £125 retail (per bottle) so a 4X mark-up (£500) and the Tokaji (Disznoko) which is a sweet wine from Hungary is only around £35 a half bottle, somewhere around a 10X mark-up. Eye-watering stuff, obviously there are people out there trying their best to hold the London economy up!

 

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