According to new reports, our plans to leave the EU are going to have a disastrous effect on wine consumption - namely that we're going to have to drink less of it, if we don't want to become broke.

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Bear Grylls//Digital Spy

The UK Trade Policy Observatory has done the maths, and the future is not bright at all.

Their analysis shows that by 2025, the price of a bottle of wine could be as much as 22% higher than it is now.

As a result, they predict that the volume of consumption will also take a downward turn, by 28%, as cash-strapped wine-lovers have to look for cheaper alternatives.

The UK wine production industry is also likely to take a hit, as the study predicts the value of UK imports will be 27% lower in eight years time, meaning a tough road ahead for people working in the industry.

h/t The Independent

From: Cosmopolitan UK