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‘It all disappeared with Brexit’: Craft beer boom ends as more than 100 UK firms go bust
(www.theguardian.com)
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this post was submitted on 20 Aug 2023
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Wait. So they opened an export-focussed company a year after the Brexit vote? I mean it sucks and all, for them, but it doesn’t sound too bright either.
I believe they thought it would be possible to leave the EU politically but keep all the economic advantages.
Like so many politicians told them.
Indeed I’m sure you’re right that that’s what they thought, but it’s still an enormous risk to take. In any business plan that should’ve been a red flag.
And if on faith they chose to waive that risk, well… that’s just not great entrepreneurship.
Yeah I noticed this. Why start a company that relies on export to EU countries when you’ll be out of the EU in a couple of years?
I’m sure that’s not the case for all the breweries going out of business, but that just seems like a recipe for failure from the start…
Someone said they were gonna secure better deals!
I agree with your premise but also, post-Brexit exports are still a thing. Sounds like some other stuff tipped them over the edge though, like grain & barley prices following the illegal invasion of Ukraine.