
Jim Budd
Jim Budd moved from education to wine in 1988 and has written for Decanter since 1989. He is the former editor (1991-2015) of Circle Update, the newsletter of the Circle of Wine Writers. He writes the award-winning www.jimsloire.blogspot.com and is one of the five members of the Les 5 du Vin blog. Budd exposes the dangers of drinks investment on his award-winning www.investdrinks.org website, and complementary www.investdrinks-blog.blogspot.com blog. He also contributes to Hugh Johnson’s Pocket Wine Book, Wine Behind the Label and the Academie du Vin. Budd is a keen photographer – especially in the Loire.
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Nobles Crus wine fund valuations under spotlight
Valuations of fine wines by the Nobles Crus wine fund have been questioned by the Financial Times and by French website LeVif/L’Express.
By Jim Budd Last updated
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Wine investment company goes into administration
Wine investment company Vinance plc has gone into administration, affecting thousands of investors
By Jim Budd Last updated
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Wine investment standards body launched
The Wine Investment Association, a self-regulatory body designed to set standards for wine investment, was launched in London yesterday.
By Jim Budd Last updated
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Albany Vintners buys Vinance client list
The client database of Vinance plc, which went into administration last month, has been bought by Albany Vintners.
By Jim Budd Last updated
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1855.com important shareholder pulls out
Jean-Pierre Meyers, an important shareholder in internet wine company 1855.com is reported to have pulled his money out of the company.
By Jim Budd Last updated
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Vinance collapsed ‘owing wine worth £5m’
Collapsed wine investment company Vinance plc owed £5m-worth of wine to its 1,300 clients when it went into administration, according to administrators.
By Jim Budd Last updated
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Robinson’s Wine Grapes wins Andre Simon Award
Wine Grapes, Jancis Robinson's 'illuminating' guide to 1,368 grape varieties, has won the prestigious Andre Simon Memorial Drink Book Award.
By Jim Budd Last updated
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Bans for ex-directors of Fine Wine Vintners
Bradleigh Anthony Caley and John George Evans have both been banned from acting as directors for 12 years for their part in the Fine Wine Vintners Ltd investment scam.
By Jim Budd Last updated
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London court hears brother and sister accused of £4.5m wine fraud
A 38-year-old man, his sister and two others have been charged with two counts of conspiracy to defraud and one count of money laundering.
By Jim Budd Last updated
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Nobles Crus suspended
The Nobles Crus wine fund has been suspended due to a lack of liquidity.
By Jim Budd Last updated
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Wine investment firm Boltons goes under
Boltons Investments Ltd has become the latest wine investment group to go into liquidation.
By Jim Budd Last updated
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Wine investment firm The London Vines collapses into liquidation
Another two companies offering wine investment options have gone into liquidation in the UK, including The London Vines Ltd with an estimated deficit of hundreds of thousands of pounds.
By Jim Budd Last updated
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Hugh Jones wins 2013 Young Wine Writer of the Year award
Hugh Jones has been named as winner of the 2013 Young Wine Writer of the Year award at a ceremony in London this week.
By Jim Budd Last updated
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UK companies closed for ‘ripping off’ wine fraud victims
A pair of companies accused of combining to prey on defrauded wine investors and cheat them out of more money have been closed in the public interest by the UK's High Court.
By Jim Budd Last updated
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En primeur wine buyers have no right of return, says EU
Consumers who buy wines en primeur do not have an automatic right to cancel their purchase and ask for a refund, say new European Union rules.
By Jim Budd Last updated
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European Fine Wines Ltd headed for liquidation
European Fine Wines Ltd is the latest wine investment firm in the UK facing liquidation after ceasing trading.
By Jim Budd Last updated
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European Fine Wines Ltd enters liquidation with debts of £2m
UK wine investment firm European Fine Wines Ltd has gone into liquidation with debts totalling £2m, more than double the original estimates.
By Jim Budd Last updated
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Bankrupt En Primeur Ltd owes creditors £1.8m
Debts at bankrupt UK wine merchant En Primeur Ltd are higher than originally thought and there are concerns over apparent gaps in the firm’s stocks.
By Jim Budd Last updated
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Collapsed UK firm Premier Cru transfers wine customers to Cult Wines
By Jim Budd Last updated
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Encarta Fine Wines Ltd enters liquidation
Wine investment company, Encarta Fine Wines Ltd, has gone into liquidation with sums due to creditors estimated at between £3.5 to £3.8 million.
By Jim Budd Last updated
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Vintage International Ltd director banned for wine investment scam
Ofosuhene Ofori-Duah, the sole director of wine investment firm Vintage International Ltd (Vintage), has been banned from being a UK company director for 9 years.
By Jim Budd Last updated
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Fraudsters target victims of collapsed wine investment firm
By Jim Budd Last updated
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1855.com and president fined by French financial watchdog
France's financial markets authority has fined collapsed wine investment firm Heracles, previously called 1855.com, and its president a total of 350,000 euros for misleading investors.
By Jim Budd Last updated
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Wine investment firm APW Asset Management Ltd closed in public interest
UK firm APW Asset Management Ltd (APW), which sold Australian wines for investment and capital growth using high-pressure sales tactics, was wound up by the High Court in Manchester on 25 March.
By Jim Budd Last updated
