The Aporia
Pooran, N. (2026, September 18). ‘Insufficient funds’ to pay employee wage debts at collapsed BrewDog company. Evening Standard. https://www.standard.co.uk/business/business-news/brewdog-alixpartners-hmrc-b1297461.html
Pooran, Neil. “‘Insufficient funds’ to pay employee wage debts at collapsed BrewDog company.” Evening Standard, 18 Sept. 2026, https://www.standard.co.uk/business/business-news/brewdog-alixpartners-hmrc-b1297461.html.
Pooran, Neil. “‘Insufficient funds’ to pay employee wage debts at collapsed BrewDog company.” Evening Standard, September 18, 2026. https://www.standard.co.uk/business/business-news/brewdog-alixpartners-hmrc-b1297461.html.
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BrewDog PLC, a Scottish beer company that went into administration earlier this year with debts exceeding £500 million, has reported insufficient funds to repay around £489,000 owed to former retail employees for wages and holiday pay. The report from administrators AlixPartners states that costs were higher than anticipated due to expenses related to securing closed pubs against unauthorized entry. Creditors also face significant losses; unsecured creditors are expected to recover less than a penny on the pound of what they are owed, with one creditor group owing £190 million likely receiving nothing. The company’s assets and brand were sold in March for around £33 million by US drinks firm Tilray, which did not include most of BrewDog's bars leading to 440 job losses. Additionally, the investments of over 200,000 crowdfunding "Equity Punk" investors became worthless as part of this deal.