Merseyside has lost a number of breweries in recent months as the cost of living crisis continues to batter the hospitality industry
'I think the entire drinks industry is going to be hunkered down in survival mode for the next 12 to 18 months.' These were the words of Craig McCormick, co-owner of Birkenhead ’s Glen Affric Brewery & Taproom, who spoke to the ECHO in October 2023 about the state of Merseyside’s hospitality industry. Craig continued: 'At a certain point, I lost count of the breweries that closed down last year. Even this year, we've lost loads.
Award-winning brewery says 'time is right' as it announces closure Family-run brewery says 'thanks for the good times' as it announces closure 'Last year we had a lot of the small guys and one or two of the big guys, but this year we've seen a few of the bigger guys go because they had a longer tail. 'For a lot of breweries now, it's not a case of who's making money, it's who's got the biggest cash reserves and who's losing the least. I don't think there are many breweries earning money.
called for more to be done to support pubs and breweries, in particular, to address debts accumulated across the sector during the coronavirus pandemic . High production costs and the tax burden remain two of the biggest challenges facing the industry, according to Vicky and Gareth. Gareth said: 'The craft beer drinker is always looking for the next new beer - as well as some favourites, but this then puts the pressure on the breweries to continue to introduce new brews.
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