Industry News

The British alcoholic beverage market is undergoing a significant downturn. With a sharp increase in living costs, many pubs, bars, breweries, and distilleries—especially smaller players—are struggling to survive.

In response, the UK government has announced a support package that includes approximately £85 million in annual tax relief aimed at stimulating growth and preventing further closures.

A spokesperson from the UK Treasury explained that the alcohol industry is part of British culture and the fabric of life—therefore, the government believes it’s essential to support the sector, especially the smaller players.

The Drinks Business, January 31, 2025