UK Brewery Boss To Be Prosecuted

The boss of one of the UK’s biggest regional brewers, Samuel Smith, along with his company, is set to be prosecuted by the UK’s Pensions Regulator as part of an ongoing probe into the brewery’s pension schemes.

Here’s the deal…

Samuel Smith Old Brewery (yep that Samuel Smith!), along with its chairman, Humphrey Smith, are now under investigation by UK’s Pensions Regulator (TPR)  for failing to provide details of the company’s finances with regard to that company’s pension operations according to the Drinks Business.

Samuel Smith’s Old Brewery, (popularly known as Samuel Smith’s or Sam Smith’s), a widely imported British boutique brand here in the United States for more than three decades, is under the gun (are we allowed to say that?), for failing to cough up the necessary numbers that would help TPR better “understand the funding position of some of the brewery’s pension schemes”.

The region’s oldest independent British brewery based in Tadcaster, North Yorkshire, (Northern England) which was founded in 1758, Samuel Smith’s has had a relatively good run staying out of trouble until recently when they were not forthcoming with the information that the TTR has asked for…

‘Brewery boss’ (we just love how that sounds) Humphrey Smith and his company are being charged with “refusing to provide information and documents, without a reasonable excuse” and that doesn’t sound good…just sayin.’