‘It all disappeared with Brexit’: Craft beer boom ends as more than 100 UK firms go bust

New trade barriers were compounded by Covid and tax changes

Kimi Karjalainen and his brother Marko poured their life savings into Bone Machine Brewing Co when it opened in Pocklington, East Yorkshire, in 2017 before moving to Hull, as part of the craft beer revolution that swept Britain.

The entire investment, not including time and labour that we gave for free, was about 70,000," Karjalainen said. Four weeks ago, it was gone. That was my parents' retirement."