A brewery has risen above the recent decline in beer sales to see significant growth over the past year, resulting in new investments and protection for local jobs.
The Grainstore Brewery in Oakham is reversing the trend in an industry that has seen hard times with beer sales falling for the eighth year in a row and many independent pubs closing to trade.
However, thanks to supply deals with supermarket chains Tesco and Co-operative, as well as an agreement with pub chain JD Wetherspoon, its award-winning beer is continuing to support an industry that is going through tough times.
Following advice from chartered accountants Newby Castleman, the brewery has been able to adapt to shifts in consumer trends that have seen many beer drinkers visit the supermarket rather than the pub for a pint.
Master brewer Tony Davis said: “I believe accountants have a major responsibility in the economic recovery, advising businesses on growth and strategy.
“Newby Castleman’s services have resulted in us saving money, helping us to thrive and, most importantly, continuing to produce award-winning beers.”