This Thursday, the 27th of March, we are hosting our Spring Statement Coffee House Shots Live.

Shots regulars, Michael Gove and Katie Balls, will be joined by very special guests, Lord David Frost, and Lord Maurice Glassman, just hours after the spring statement, or emergency budget, is announced.

They will be delving deeper into the measures and how they will reverberate throughout the political landscape, and this will all be taking place at 7.30 at London's Cadogan Hall. To get your tickets, go to

www.spictator.com.uk-fork-forward slash coffeehouse live. We look forward to seeing you there.

Hello and welcome to Spectator Out Loud.

Each week we choose some of our favourite articles from the magazine and ask their writers to read them aloud.

I'm Patrick Gibbons and on this week's podcast, Henry Jeffries asks, what would Trump's tariffs mean for British drinkers?

As this year marks the 400th anniversary of Charles I accession to the throne,

Marcus Walker explains what modern Britain could learn from the cavalier monarch.

Are you a beef fat boy or a seed oil boy? Angus Colwell asks, as he provides his notes on beef dripping.

In his Dolce Vita life column from Italy, Nicholas Farrell reveals he refused to accept the local equivalent of an Oscar. And finally, asking for 0% on pubs, cheddar and greggs,

Rory Sutherland makes the case for linking VAT to happiness.

Up first, Henry Jeffreys.

Professional Englishmen and women, doctors, accountants, and even journalists,

could once afford first-growth claret like Chateau-Lautour on a regular basis.

In 1972, when the Daily Telegraph's Guide to the Pleasures of Wine

was published, Pomeril was still an obscure corner of Bordeaux, known for offering very good value.

Those days are long gone. Prices began to take off in the 1980s, with Oberon War blaming American millionaires looking to impress their guests.

The 1982 Bordeaux vintage was highly lauded by a then-unknown young lawyer called Robert Parker Jr.,

who would go on to be the most influential wine critic in the world. After this, anything Parker

recommended became unaffordable to most British wine lovers. In his diaries, Alan Clark lamented the

soaring prices of his favourite wines. Chateau Palmer, once an accessible indulgence, had reached

...