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A bottle of £7.99 sparkling wine from Lidl has been ranked among the best Champagnes in the world

Another winner of the same award was Veuve Clicquot 2008 vintage Champagne, which sells for more than £50.

Move over, prosecco — there's a new wine in town.

Budget retailers have received a lot of attention in recent months for stocking some of the top wines around the globe at incredibly reasonable prices.

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Now, Lidl has joined the ranks with a £7.99 ($10.11) bottle of sparkling wine which received the same award as nearly 40 top Champagnes.

The Crémant de Bourgogne Blanc NV landed the "Silver Outstanding" award at the International Wine & Spirits Competition (IWSC). Another winner of the same award was Veuve Clicquot 2008 vintage Champagne, which sells for upwards of £50.

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Another winner of the same award was Veuve Clicquot 2008 vintage Champagne, which sells for upwards of £50.

A Crémant is produced the same way as Champagne, using the same method and the same grapes, according to Lidl. However, the three other Crémants in the category received only bronze or normal silver accolades.

According to Lidl, the Crémant de Bourgogne Blanc NV is "dry with plenty of flavour; it has well-integrated fizziness and a dry, lingering finish."

The retailer added that the wine will become a "key sparkling disruptor" to Prosecco and is "set to be the next big bubble" as Britain's heatwave kicks in.

Lidl UK sells 10,000 bottles of the Crémant de Bourgogne a month on average.

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