Guides

The UK in-bond wine market, explained

• How UK Wine Duty and In-Bond Buying WorkHow duty works, what "in bond" means, and why in-bond prices are lower.
• A Guide to En PrimeurHow wine futures work, the Bordeaux campaign cycle, and the risks involved.
• Inside the 1855 Bordeaux ClassificationFirst to Fifth Growth, Sauternes, and the separate St-Emilion system.
• Burgundy's Wine Classification SystemThe four-tier hierarchy, from regional wines to Grand Cru vineyards.