by Darren | Tuesday, 27 May, 2025 | Beer and Cider News, Business News
Forty-three UK breweries have become insolvent in the last year, according to national accountancy group UHY Hacker Young. Many were small, independent craft beer producers facing mounting cost pressures. “The craft beer boom was one of the most exciting recent trends...
by Darren | Wednesday, 19 March, 2025 | Business News, Pubs and Bars News
New company statistics show accommodation and food services insolvencies fell 7% from 3,747 in the 12 months to January 2024 to 3,474 in the 12 months to January 2025. However, insolvencies in the sector increased 21% month-on-month, from 225 in December 2024 to 273...
by Darren | Monday, 8 July, 2024 | Business News, Pubs and Bars News
The number of insolvencies of pub and bar companies has jumped 30% in the past year, according to national accountancy group UHY Hacker Young. The number rose from 602 insolvencies in 2022/2023 to 784 insolvencies in 2023/24 (to the year ended 30th April. Pub and bar...
by Darren | Friday, 5 April, 2024 | Beer and Cider News, Business News, Pubs and Bars News
There was a 500% increase in insolvencies in the brewing sector between 2021 and 2023, according to research by accounting firm Price Bailey. The findings, obtained under a freedom of information request, submitted to The Insolvency Service by Price Bailey, come amid...
by Darren | Tuesday, 19 March, 2024 | Beer and Cider News, Business News
The number of UK breweries going insolvent jumped 82% in the last year, according to Mazars, the international audit, tax, and advisory firm. It rose from 38 in 2022 to 69 in the year ending 31st December. Mazars says that a large portion of the insolvencies are...
