In Blair Atholl in the Perthshire Highlands of Scotland, a quiet evolution is taking place. Craft brewery Wasted Degrees is flourishing while many of its erstwhile competitors are biting the dust.

According to co-owner Jack Low, one of the secrets to the success of Wasted Degrees is not being greedy and taking a measured approach to growth. There is next to no debt on the balance sheet and any spare cash is put into more plant and equipment...

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