Italy bursts France's bubble

Italy has burst France's bubble when it comes to sparkling wine.

Latest figures suggest prosecco sales have topped those of champagne for the first time - 307 million bottles compared to 304.

Globally, the general trend for Italian sparkling wine is fizzing. Sales are up 11.5% in volume since 2013 and 16% in value compared to 2012.

However, it's not all good news. Domestic consumption has declined for the third straight year.

So Italians have clearly corked it - selling more abroad - but drinking less themselves at home.