McGuigan: ‘Brexit was a slap in the face’

The UK’s decision to leave the EU was “a slap in the face” but it doesn’t lessen Britain’s importance as a key wine market according to Australian producer Neil McGuigan. Speaking to the drinks business during a visit to London, McGuigan said: “Brexit was a slap in the face and caused us a lot of stress due to the devaluation of the pound but you’ve got to get on with it. “There are a lot of issues at the moment with wine brands coming into the UK from around the world but the longterm outcome could be positive if Australia negotiates a good free trade agreement with the UK, which could accelerate the change of a shift of emphasis from the Old World to the New World.