Britain's independent breweries decline by 100 in 2024, marking largest drop on record
Britain's independent breweries saw a significant decline in 2024, with 100 closures, bringing the total to 1,715. This drop is the largest recorded, compared to just eight closures in the previous year. The decline is attributed to rising costs, competition from large brewers, and a cost of living crisis affecting consumer spending. Many small breweries are still recovering from loans taken during the Covid-19 pandemic. In response to market pressures, the trade body Siba has shifted from using the term "craft beer" to "indie beer." Notable closures include Wild Card and Top Rope, while some breweries have been bought by larger companies.