HSBC to lose £17m in Brewdog collapse Hospitality HSBC is set to lose out on more than £17m as part of the administration of Brewdog, the craft beer firm which was sold to a US cannabis group earlier this year. The bank is set to suffer a shortfall of £16.8m from its debts to the collapsed brewer while its Equipment Finance arm is [...]
James Watt: I want to buy back Brewdog Retail Brewdog founder James Watt has revealed he wants to buy back the craft beer firm he quit years ago, as he hit out at those who blame him for its collapse. Watt recently launched a comeback designed to win over the “equity punks” who piled millions into his initial venture but saw no returns from [...]
Brewdog founder James Watt launches ‘equity punk’ comeback Retail Brewdog founder James Watt has launched a comeback after the craft beer firm he co-founded collapsed earlier this year. Watt said on Friday he will launch Second Best, a new crowdfunded beer venture, in a bid to win back the “equity punks” who were left empty handed in Brewdog’s sale. The divisive entrepreneur said he [...]
Old Spanish Hen? Estrella snaps up Greene King beer brand in UK expansion May 19, 2026 The British arm of Spanish beer giant Estrella is set to snap up Greene King’s iconic Old Speckled Hen beer as it continues to expand in the UK. Damm UK, the British arm of Barcelona based brewer S.A. Damm – which owns Estrella – will take on the entire line of Old Speckled Hen beers, [...]
Greene King selling 150 pubs over ‘unprecedented costs’, boss says May 4, 2026 Greene King’s decision to put 150 pubs up for sale was a reaction to the “unprecedented” costs facing hospitality, its boss has said. The pub chain, one of the UK’s largest, revealed plans to put as many as 150 pubs on the chopping block in March and chief executive Nick Mackenzie told City AM this [...]
Brewdog could mount $1bn resurgence, new owner says April 16, 2026 The new owner of Brewdog has said the craft beer brand can be worth $1bn, as the firm tries to “rebuild” the brand to its former glory. Tilray, a US-based cannabis and alcohol products firm, said it plans to pile significant investment into Brewdog to make it profitable next year and propel it towards a [...]
Brewdog: Co-founder James Watt ‘terminated’ as director April 9, 2026 Brewdog co-founder James Watt has been “terminated” as director of the craft beer firm after its sale to a US cannabis giant. Watt established the brewing company with schoolmate Martin Dickie in 2006 but resigned as a company director on 24 March, according to Companies House filings. Brewdog kickstarted the UK’s craft beer craze but [...]
Brewdog: HSBC could seize brewery if no buyer found February 23, 2026 Brewdog’s sprawling Scottish brewing estate could be seized by HSBC if the craft beer firm fails to find a buyer to steady its finances. Brewdog has agreed for its debts to be secured against its brewery in Ellon, Aberdeenshire, meaning it could lose its huge brewing estate if it cannot pay up. Co-founder James Watt [...]
Asahi cyberattack halts domestic operations amid ongoing investigation September 30, 2025 Japan’s largest brewer, Asahi Group Holdings, remains unable to resume production at its domestic factories following a cyberattack on Monday, with the firm unable to provide a timeline for when normal operations might resume. “Asahi Group Holdings is currently experiencing a system failure caused by a cyberattack, affecting operations in Japan,” it said in a [...]
Marston’s ditches brewing and switches to ‘pure play hospitality’ October 16, 2024 Pub group Marston’s has officially ditched brewing and announced a new strategy, which will see it focus entirely on pubs. In a vote of confidence for the UK’s hospitality sector, it will “embark on a new chapter” as a pure-play hospitality business, its chief executive Justin Platt said. “We are outlining a differentiated strategy for [...]