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‘It all disappeared with Brexit’: Craft beer boom ends as more than 100 UK firms go bust
(www.theguardian.com)
this post was submitted on 20 Aug 2023
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This is the best summary I could come up with:
Kimi Karjalainen and his brother Marko poured their life savings into Bone Machine Brewing Co when it opened in Pocklington, East Yorkshire, in 2017 before moving to Hull, as part of the craft beer revolution that swept Britain.
Post-Brexit trading arrangements with European Union countries meant that Bone Machine’s craft beers needed to be accompanied by expensive and time-consuming paperwork.
Bone Machine is one of more than 100 small brewers that have been forced out of business in the past 18 months, hit by a combination of Brexit, the pandemic and the cost of living crisis and now threatened by changes to beer duty laws.
So while people were getting worse off, the multinational brewers were going to pubs, to free houses, and saying ‘we’ll give you cheap kegs, but we want control of all your lines’.”
Other issues affecting the industry have been the shortage of carbon dioxide following the early stages of the energy crisis, and Russia’s full-scale invasion of Ukraine which raised the cost of barley and hops.
Larger companies have been doing well, including Brewdog, the Camden Town Brewery and Beavertown, which the Grocer reported had seen supermarket sales rise by more than a quarter.
The original article contains 958 words, the summary contains 199 words. Saved 79%. I'm a bot and I'm open source!