
English winemaker Chapel Down has announced a significant strategic overhaul under new leadership, aiming to capture a 1% share of the global champagne market by 2035. The Kent-based company, led by chief executive James Pennefather and newly appointed non-executive chair Michael Spencer, has redefined its medium-term priorities to focus on boosting brand value, expanding international distribution, and ensuring disciplined capital management. This shift comes as the company navigates a challenging period for the English wine industry, marked by slowing demand and adverse weather conditions.
As part of its strategic reset, Chapel Down has scrapped plans to build a £32 million winery in Canterbury, a move expected to save significant capital expenditure. Pennefather emphasized that canceling the long-planned site will not impact the company's growth targets, which include targeting the world's top 10 champagne markets. Currently, Chapel Down has a presence in only five countries, but it plans to expand its footprint through agreements with top travel retailers, leveraging its 35% market share of sparkling wine sales in UK supermarkets and other retailers.
The company's international push is set against a backdrop of mixed financial performance. In the six months to the end of June, Chapel Down's revenues grew 11% to £7.9 million, with gross profit increasing 7% to £3.7 million. However, net debt rose to £11.3 million, up from £5.8 million in the same period last year, reflecting increased investment in vineyards and maturing stock. Adjusted earnings also declined by 23% to around £1.2 million in the first half, attributed to lower non-cash fair value adjustments, though the company remains on track for a return to profitability by the end of 2025.
Despite recent challenges, including the second-worst harvest on record for English winemakers in 2023 due to wet weather and disease, Chapel Down is optimistic about its prospects. Pennefather noted that better weather this year has aided recovery, and retail sales value of the company's sparkling wines continues to grow at 12% annually. With the global champagne market valued at $7.19 billion in 2023 and projected to reach $9.83 billion by 2030, Chapel Down's ambitious target underscores its confidence in competing on the world stage, even as the UK wine industry grapples with plateauing sales and evolving consumer tastes.

Health Secretary Wes Streeting has announced an urgent independent inquiry into maternity services at Leeds Teaching Hospitals NHS Trust, describing himself as "shocked" by families' experiences of "repeated maternity failures in Leeds - made worse by the unacceptable response of the trust." The decision comes after years of campaigning by bereaved families who reported feeling "gaslit, dismissed and even blamed" for what went wrong at one of Europe's largest teaching hospitals. Mr. Streeting emphasized the "stark contradiction between scale and safety standards" at the trust, which official data shows "remains an outlier on perinatal mortality."
The inquiry follows a June downgrade by the Care Quality Commission, which rated maternity services at the trust as "inadequate" and identified serious risks to women and babies. Inspectors highlighted a deep-rooted "blame culture" that made staff reluctant to raise concerns about incidents. Brendan Brown, chief executive of LTH NHS Trust, apologized to bereaved families and expressed hope that the inquiry would provide them with "answers." He stated the trust is "determined to do better" and is already taking significant steps to improve maternity and neonatal services following reviews by regulatory bodies.
Families affected by the failures have welcomed the inquiry but are calling for rigorous leadership, specifically requesting that midwife Donna Ockenden chair the investigation. Fiona Winser-Ramm, whose daughter Aliona died in 2020 after an inquest found multiple failures, emphasized the importance of ensuring the inquiry is "the best and most thorough that it can possibly be." She described how families have been "thrust into this life that none of us should be living," noting that their shared grief should never have brought them together under such circumstances.
Serious questions are now being raised about what Sir Julian Hartley, who led the trust for ten years until 2023 and now heads the Care Quality Commission, knew about the poor maternity care. In a statement, Sir Julian expressed being "truly sorry" for families' suffering and said that while he was "absolutely committed to ensuring good patient care across all services, including maternity," this commitment "wasn't enough to prevent some families suffering pain and loss." Lauren Caulfield, whose daughter Grace died in 2022, called it "completely unacceptable that nothing has been done to date" to examine Sir Julian's role, expressing hope that the inquiry will address this gap.