Champagne investors see big bucks in fizz The British public's thirst for champagne - both to drink and as an investment - has fizzed to record levels, spurred by the Diamond Jubilee and the anticipation of the Olympic Games. But wine experts warn that the market could be a bubble ready to burst, and advise caution for those new to the field. Skilled investors looking for places other than the moribund housing and stock markets to take a punt have found champagne can bring solid returns. The price of Krug Brut '96 has jumped to £2,200 in the past five years - a rise of nearly 50 per cent. Buyers are presently stocking up on top-end brands such as Armand de Brignac (better known as "Ace") favoured by celebrities such as Jay-Z and City traders who've had a good day on the trading floor. Scott Assemakis, the founder of London-based merchant European Fine Wines says: "We're fielding more enquiries than ever before, as investors are increasingly viewing champagne as an attractive asset." Even previously unheralded English sparkling wines such as Chapel Down and Nyetimber - served at last year's royal wedding - are benefiting from the surge in interest.