Champagne has been flowing again in copious quantities in London and New York as bankers enjoy a return to the good old days of runaway millionaire bonuses on the back of one-way bets. But that flow of lovely bubbly has been under threat by a strike by employees of Veuve Clicquot, Moët & Chandon, Krug, Ruinart and Mercier over a share of profits.
These past three weeks have seen stoppages at factories in Reims and Epernay that have cut production by 40%, according to the CGT union. The strike involved downing tools for one hour per day, spread over stoppages in blocks of twenty minutes. Continue reading