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Hospitality group Adnams cuts its board as it faces an extra £2m in costs

7 0
02.07.2025

The Southwold pubs and brewing group faces an extra £1m being added to its employment costs in 2025 following a rise in employers’ National Insurance contributions announced by the Chancellor of the Exchequer in October.

It also faces an extra £1m in costs this year as a result of the Extended Producer Responsibility Levy - a fee producers for the UK market now have to pay for packaging.

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Both these costs would have to be recovered through price increases, productivity improvements and further cost reductions where possible, the company said.

These include cuts to its board which are expected to reduce by 33% - or around £400k compared to 2024 and 2023 levels.

The hospitality firm - which is working on a........

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