Browsing: faces

43 UK breweries have become insolvent in the last year*, says national accountancy group UHY Hacker Young. The 43 breweries that have become insolvent include names like Fourpure (location of a famous photo shoot for Boris Johnson and Rishi Sunak), By The Horns, Magic Rock Brewery, Burton Town Brewery and Wild Weather Ales. Many of which are small, independent craft beer producers facing mounting cost pressures. Brian Johnson, Partner at UHY Hacker Young, says: “The craft beer boom was one of the most exciting recent trends in food and drink. Unfortunately, it is a sector that attracted too many entrepreneurs…

With the Autumn Budget just days away, concerns are mounting across all sectors about the rising cost of living and its impact on businesses and entrepreneurs. Health Secretary Wes Streeting has warned of “difficult and big choices” ahead, while Shadow Chancellor Rachel Reeves faces the challenge of addressing a £14 billion deficit in the budget. As the government prepares for this critical financial announcement, there is growing consensus that the budget must go beyond short-term investments and deliver comprehensive reforms across all sectors. Sustainable spending solutions and future-proofing measures have never been more urgent. Businesses are particularly anxious about how…