Comment on ‘It all disappeared with Brexit’: Craft beer boom ends as more than 100 UK firms go bust
thefluffiest@feddit.nl 10 months ago
Wait. So they opened an export-based company a year after the Brexit vote? I mean it sucks and all, for them, but it doesn’t sound too bright either.
Yeah I noticed this. Why start a company that relies on export to EU countries when you’ll be out of the EU in a couple of years?
I’m sure that’s not the case for all the breweries going out of business, but that just seems like a recipe for failure from the start…
Someone said they were gonna secure better deals!
I agree with your premise but also, post-Brexit exports are still a thing. Sounds like some other stuff tipped them over the edge though, like grain & barley prices following the illegal invasion of Ukraine.
brainrein@feddit.de 10 months ago
I believe they thought it would be possible to leave the EU politically but keep all the economic advantages.
Like so many politicians told them.
thefluffiest@feddit.nl 10 months ago
Indeed I’m sure you’re right that that’s what they thought, but it’s still an enormous risk to take. In any business plan that should’ve been a red flag.
And if on faith they chose to waive that risk, well… that’s just not great entrepreneurship.