Britain's government sells French wine to pay its drinks billLONDON (Reuters) - The government is selling vintage French wine at around 5,000 pounds a bottle in a bid to make its wine cellar self-funding as part of a national austerity drive and clamp-down on extravagant expenditure. The government wine cellar, located in the basement of Lancaster House near Buckingham Palace, is used to provide wine for foreign VIP guests ranging from royalty to heads of state and prime ministers at 200 or more events a year. The cellar contains 38,090 bottles of wine and spirits with an estimated market value of 2.95 million pounds ($4. ...
Source: Britain's government sells French wine to pay its drinks bill (http://news.yahoo.com/britains-government-sells-french-wine-pay-drinks-bill-140619153--sector.html)