Adnams has confirmed its engagement of advisers to explore avenues for raising funds as the Suffolk-based brewery seeks to safeguard its financial stability.
The Southwold-based brewer founded in 1890 has appointed Alvarez & Marsal to explore funding options amid a cash squeeze on the wider sector, Sky News learns.
Consumer confidence has taken a hit from three-decade inflation, which was measured in the double digits until recently, forcing the Bank of England to hike interest rates,