Brewdog bought by US cannabis giant in £33m deal Hospitality Craft beer giant Brewdog has been sold to American cannabis and brewing group Tilray Brands for £33m after co-founder James Watt reportedly walked away from a comeback deal. Tilray Brands, a pharma firm which sells cannabis and alcoholic lifestyle products, has agreed a deal to acquire most of the brand’s assets. The announcement of a [...]
Jeremy Clarkson rakes in millions from Hawkstone brewery Business Profit at Jeremy Clarkson’s brewery Hawkstone has surged during its latest financial year after its sales almost tripled, it has been revealed. New accounts for the business behind the Cotswolds brewery show the firm’s total equity jumped from £432,512 to just over £3m in the year to 31 March, 2025. Total equity is the overall [...]
AB InBev: Corona brewer’s losses near £200m despite major improvement Business The UK arm of AB InBev, the brewing giant behind the likes of Budweiser, Stella Artois and Corona, has now lost almost £200m since it last made a pre-tax profit after continuing in the red in 2024, it has been revealed. The London-headquartered division has reported a pre-tax loss of £20.9m for its latest financial [...]
Reeves’ tax hikes force Timothy Taylor to raise price of a pint June 13, 2025 Chancellor Rachel Reeves’ tax hikes have forced brewer Timothy Taylor to raise its prices as it slammed the “hostile fiscal and regulatory environment” it now faces. The family-owned brewer said its industry is facing “significant input and labour cost increases” as well as dealing with the fall in business rates relief. Timothy Taylor added that it [...]
Brewdog: James Watt’s brewer names second CEO in a year March 10, 2025 Brewdog has appointed a new chief executive for the second time in the space of a year following the departure of James Arrow for “personal reasons”. Arrow has been succeeded at the Scotland-based brewer by chief financial officer, James Taylor. Lauren Carrol has taken on the role of chief operating officer, Brewdog also confirmed. The [...]
Breakfast and brunch fuel sales surge at pub giant Butcombe January 29, 2025 A surge in customers ordering breakfast and brunch has helped sales surge at pub and brewing group Butcombe. The North Somerset-headquartered group has reported an increase in its total managed like-for-like sales of 7.8 per cent for the year to 25 January, 2025. Its food category jumped by 12 per cent while both accommodation and [...]
Pub chain Marston’s toasts record festive sales boost January 21, 2025 Pub chain Marston’s has reported a “solid” festive quarter and record sales on Christmas day in another good sign for the hospitality sector. Total retail sales in the 16 weeks to January 18 were up three per cent, driven by growth in both food and drink sales, Marston’s said. Like-for-like sales during the same period [...]