As more than 40 breweries became insolvent in the past year, the craft beer boom of the 2010s may be coming to an end.
Higher wage costs after the budget, inflation on ingredients such as grain, higher electricity bills as well as the rising cost of living tightening consumers’ pockets have all made it more difficult for many crafteries not to pass on rising prices to their customers — as they themselves receive a smaller share from the on-trade of pubs and bars.
How are these small, independent businesses going to adapt to these increasing financial pressures as competition mounts from multinational beer corporations?
With the future of the famous Bermondsey Beer Mile in trouble, brewers across southeast London share their experiences of tackling economic challenges and their thoughts on the future of the subculture in the capital.
In this video we hear from Southwark Brewing Company, Gipsy Hill Brewing, Craft Beer Junction and Forest Road Brewing, as well as economic analysis and opinions from punters.
Join the discussion