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BrewDog closes six pubs as spiralling costs bite

by LLB Reporter
1st Sep 22 11:12 am

BrewDog is closing six of its pubs due to the current energy and cost of living crisis.

The craft beer firm will shut the Hop and Anchor in Aberdeen, Smithfield Market Arms in London, Hop Hub in Motherwell and its BrewDog bars in Dalston, east London; Old Street, east London; and Peterhead, Scotland.

Boss James Watt blamed blaming spiralling costs and a “clueless government”.

He said it was “heart-breaking” to lose the six pubs.

“Reality in the hospitality space is starting to bite and bite hard. And the government needs to get a grip, now.

“If nothing happens, the UK looks set to lose half of its pubs and bars and all the millions of jobs these locations provide, as well as the vital role they play in local communities.”

In a LinkedIn post he added: “I warned a few weeks ago, costs are rising to such a degree, with no prospect of any help from a clueless government, that these very difficult decisions have to be made,” he said.”It was going to be simply impossible to get these bars even close to financial viability in the foreseeable future. We had no choice but to close them.

“I am so, so happy that due to the strength in other parts of our bar estate, every single person has been offered a role in a separate bar nearby, so there will be no job losses. But I pray this is not a sign of things to come.”

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