BREAKING: @MagicRockBrewCo has been sold to Lion, the Australian food and drinks company that bought Fourpure last year, for an undisclosed fee. Full story to follow Richard Burhouse, managing director and co-founder of Magic Rock, says that “Lion is not going to rip the heart out of the brands, they can help us do it better”

Number of breweries in the UK now falling, says SIBA chairman Ian Fozard in his AGM speech. Many breweries ‘struggling to make a decent return’, he adds 98 per cent of consumers surveyed by yougov believe craft beer cannot be made by global brewers, according to SIBA chief executive Mike Benner