Black hole in WSTA accounts
Published:  14 August, 2009

The Wine & Spirit Trade Association has launched an investigation after it discovered a black hole in its accounts.

The trade body has found a £25,000 shortfall in its 2008 financial report, during which time its turnover was £1.2 million.

WSTA chief executive Jeremy Beadles said: “These matters are the subject of ongoing legal investigation and we do not propose to comment further until enquiries have been completed. But the situation does not affect the ongoing financial viability of the WSTA or our plans in 2009.”




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Richard Hemming MW: beware inverse snobbery

Few things can bring communal pleasure so intimately as wine. Apart from a hot tub, perhaps. Sport can trigger mass jubilation, film gives us shared empathy, but wine has a nigh-unique ability to bestow conviviality among us through a shared bottle – which makes it especially galling that we spend so much time divided over it.

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