The Wine Society, founded in 1874, blamed uncertainty caused by the Brexit vote for the decision to close its branch in MontreuilThe world’s oldest wine club is to close its outlet in France, leaving a bitter taste in the mouths of its 120,000 members. The Wine Society, which was founded in 1874 by a “committee of gentlemen” in the basement of the Royal Albert Hall, blamed increased costs and economic uncertainty caused by the Brexit vote for the decision to close its branch in Montreuil. Many members of the society make cross-Channel trips to the outlet, 25 miles from Boulogne, to stock up. Duty on wine in France is one eighth of that in the UK and members were able to…

Source: The Times October 05, 2016 23:03 UTC