Daily Archives: 03/03/2014

Independent brewers reap benefits of beer duty cut

SIBA Beer Report 2014 portrays thriving local brewing sector

Independent brewers are reaping the benefits of the scrapping of the beer duty escalator in last year’s Budget with increased sales.

According to Beer Report 2014, published today by the Society of Independent Brewers (SIBA), its members grew volume sales by an estimated 7.9 per cent in 2013 to 1.55 million barrels – meaning the nation’s beer lovers drank nearly 33 million more pints of local beer than in 2012.

Beer Report, based on survey responses from around 250 SIBA brewers, paints a picture of an industry in rude health. As well as growing volumes, SIBA’s brewing members swelled last year by 11%, taking the total to 723. Between them, they brewed close to 10,000 different beers – including permanent and seasonal brews. They also created 900 new jobs and 60% of them made a significant capital investment in their business.