UK breweries going bust – report ...News

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The number of insolvencies among craft beer producers has tripled in the past year, research shows Britain’s brewer companies took a hit last year as the cost-of-living crisis ravaged the nation’s hospitality sector, accounting firm Mazars has said. According to its analysis of the most recent official Insolvency Service statistics, 45 breweries went bankrupt in the 12 months leading up to March 31, compared with 15 in the previous year. The report indicated that smaller craft beer manufacturers were the most at risk, as inflation-hit consumers have been turning to cheaper options. The ongoing cost-of-living crisi

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