The Vaux brewery in the centre of Sunderland will close by July 2
The closure is the result of the collapse of management buyout proposals for pubs and breweries from Swallow Group.
An analysis in The Times examines the issues affecting breweries following the Beer Orders nearly 10 years ago which has made them “unloved manufacturing plants”. It also talks about the gulf that it says has opened on the stock market between international growth stocks and smaller mature groups relying on the home market.
The Times 08/04/99 page 31 (Analysis)
