Plans for the redevelopment of Mortlake’s Stag Brewery site were today on hold after the brewery’s owners announced it would continue operating from the riverside site until at least 2014.

AB InBev UK, which produces Budweiser beer, announced today it would scrap plans to relocate brewing operations at the end of this year following an upturn in sales.

A spokesman said: “Given the very strong performance of Budweiser in the UK, we have decided to postpone the closure of the Stag brewery in the short term.

“The site will remain open until at least the end of 2014.”

The news means Richmond Council’s plans to develop a planning brief ensuring residents would see changes they wanted on the site will have to be shelved.

The council has yet to comment.