CLEAN : UK's pubs and breweries threatened by hikes in energy price

The video discusses the impact of rising costs on breweries, highlighting the significant increase in energy and raw material prices. It explains how these costs are affecting businesses, particularly pubs, and the potential for many breweries to close. The speaker also outlines strategies for managing these costs, such as forward contracting raw materials, and considers whether these costs will be passed on to customers.

What is one of the main reasons pubs and breweries are struggling financially?

• Increased competition from new breweries

• Decreased tourism in the area

• Rising costs of bills and utilities

• Lack of interest in craft beers

How much have some businesses seen their annual bills increase?

• From £30,000 to £150,000

• From £50,000 to £100,000

• From £100,000 to £200,000

• From £30,000 to £50,000

What is the predicted trend for brewery closures in the coming months?

• No change in the number of closures

• An acceleration in closures

• A decrease in closures

• A stabilization in the number of closures

Which raw materials have seen a price increase for breweries?

• Sugar and malt

• Water and yeast

• Barley and wheat

• Grain and hops

What strategy are breweries using to manage the rising costs of raw materials?

• Forward contracting

• Switching suppliers

• Increasing marketing efforts

• Reducing production