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  • Brewdog could mount $1bn resurgence, new owner says

    Hospitality

    The new owner of Brewdog has said the craft beer brand can be worth $1bn, as the firm tries to “rebuild” the brand to its former glory.  Tilray, a US-based cannabis and alcohol products firm, said it plans to pile significant investment into Brewdog to make it profitable next year and propel it towards a [...]

    This is not the first time Brewdog has found itself on the wrong side of an ASA ruling (Photo by Jeff J Mitchell/Getty Images)
  • Brewdog: Co-founder James Watt ‘terminated’ as director

    Hospitality

    Brewdog co-founder James Watt has been “terminated” as director of the craft beer firm after its sale to a US cannabis giant.  Watt established the brewing company with schoolmate Martin Dickie in 2006 but resigned as a company director on 24 March, according to Companies House filings.  Brewdog kickstarted the UK’s craft beer craze but [...]

    Brewdog CEO James Watt
  • MFS software platform put up for sale after lender’s collapse

    Bankruptcy

    A software platform developed for Market Finance Solutions has been put up for sale by administrators following the lender’s collapse, Morning Wire can reveal. The software, which has been designed to be used in conjunction with Salesforce, was built as an “automated lending platform” including sales, underwriting and ‘KYC’ identity checks for new customers. “The [...]

    Breaking news banner with bold headline and abstract background for a general news article on a business website.
  • Owner of collapsed lender MFS hit with freezing order

    March 19, 2026

    The owner of a collapsed shadow bank has been hit with a worldwide freezing order after his firm faced fraud allegations. Paresh Raja, founder of Market Financial Solutions (MFS), has been told by courts in London and Dubai to give details of all his assets worth more than £10,000 and cannot spend more than £5,000 [...]

  • Brewdog: James Watt ‘heartbroken’ as craft beer firm sold

    March 4, 2026

    Brewdog co-founder James Watt has said he is “heartbroken” after the craft beer titan’s sale cost nearly 500 jobs and left thousands of “punk equity” investors empty-handed.  Watt, who co-founded the firm with his school friend Martin Dickie in 2007, said the past week “has been incredibly hard” and described the sale to US cannabis [...]

  • Brewdog sale: what next for the craft beer giant?

    March 3, 2026

    Brewdog’s bars sat empty on Monday, lights off and beer taps dry, as weeks of frenzied anticipation over the sale of the craft beer titan built to a head.  It quickly became clear on Monday afternoon that many of those bars would never see another punter walk through their doors. For the venues lucky enough [...]

  • Brewdog faces hangover from ‘punk’ investment model

    February 17, 2026

    Once offering a craft beer revolution to its “punk” investors, Brewdog’s likely sale has angered some of its thousands of small-scale shareholders and could see the brand’s elements be flogged off in segments. The UK’s largest independent brewer kickstarted the country’s craft beer obsession and challenged traditional financing models by offering cheap shares to consumers.  [...]

  • UK set to miss EV sales targets by 2030 or 2035

    July 3, 2024

    The UK is set to significantly miss current targets for electric vehicle (EV) sales by either 2030 or 2035, when bans on the sale of petrol and diesel cars will be introduced, according to a new report.

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