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Drastic Dave tackles the supply side: Overhaul at Diageo is just the tonic for investors, says ALEX BRUMMER

Diageo has positioned itself as a luxury goods firm with great brands. Not just Johnnie Walker and Guinness, but Casamigos Tequilas, and much more.

Whisky plugs drinks giant Diageo's pension black hole

Dave Lewis is trying to revive the fortunes of the world's largest spirits group after nearly 2,000 jobs were shed last year.

Guinness owner Diageo targets $1B in cost savings

The three-year turnaround plan, which includes job cuts, will boost investments in Guinness and successful RTDs.

Diageo’s ‘Drastic Dave’ targets $1 billion cost savings to confront weak growth

Diageo to nearly double Guinness production and cut jobs in turnaround plan

New CEO Dave Lewis lifts investors’ spirits by promising strategic overhaul worthy of his nickname ‘Drastic Dave’Diageo’s new chief executive has unveiled plans to nearly double Gu...

Diageo sheds 2,000 jobs as it seeks to revive fortunes under 'Drastic' Dave Lewis

Diageo slashed nearly 2,000 jobs in the year to June as the struggling drinks giant launches a drastic restructuring to revive its fortunes.

Diageo cut nearly 2K jobs during restructuring

The Guinness owner said its headcount has declined by more than 6% as it prepares a $1 billion savings plan.

Diageo announces the appointment of R. Alexandra Keith to its Board of Directors

Diageo announces the appointment of R. Alexandra (“Alex”) Keith as a Non-Executive Director, effective 5 November 2026 subject to shareholder approval. - - Alex Keith is an acco...

Diageo Profits Down 27%, But Scotch Holds Firm

Diageo's profit plunged 27% amid billions in charges—but which whiskies grew and which collapsed? The results reveal a sharp divide across the portfolio. Read the full article at D...

£9,999 invested in Diageo shares 5 months ago is now worth…

Diageo shares are on the up and up! But what would the returns be for an investor who bought in at the bottom back in April? The post £9,999 invested in Diageo shares 5 months ago...

Up 8.7% on today’s results! It’s finally game on for the Diageo share price…

Harvey Jones has been waiting for the Diageo share price to power on, and finally he's got his reward. Can the FTSE 100 drinks maker go to the next level? The post Up 8.7% on today...

Diageo shares are thrashing the FTSE 100. Can it last?

Diageo shares have charged upwards as investors lap up the new CEO's turnaround plan. Paul Summers considers whether this form can continue. The post Diageo shares are thrashing t...

Alcobev major Diageo launches initiatives to rejuvenate Godavari, Yamuna river basins

The company has carried out a pilot project on regenerative agri practice with paddy and is set to expand the programme

Here’s why the Diageo share price is up 10.5% since 1 July

The Diageo share price has outperformed the FTSE 100 this month. But is this yet another false dawn for long-suffering shareholders? The post Here’s why the Diageo share price is u...

Diageo's Drastic Dave set to lay down law with job cuts

Diageo's new boss Dave Lewis is set to outline details of a much-anticiapted shake-up that could mean job cuts this week.

Is the Diageo share price about to soar?

The Diageo share price has been a long-term disaster for investors. Could things perhaps be about to take a turn for the better? The post Is the Diageo share price about to soar? a...

Here’s why the Diageo share price jumped 10%… after a dividend cut

The Diageo share price managed its biggest one-day gain in years earlier this week. Is this the start of a comeback for the FTSE 100 drinks firm? The post Here’s why the Dia...

Govt Seizes Thousands of Diageo Liquor Bottles in Crackdown

FSSAI officials visited United Spirits' factory in Bengaluru last week where they were told that the ​Diageo India unit used recycled plastic bottles. But they found required marki...

Diageo scraps responsible drinking and diversity targets as bosses focus on profits

Long-term incentives for Diageo boss Dave Lewis, pictured and his team will no longer be connected to environmental, social and governance targets.

ABD Maestro eyes ₹200 crore revenue next FY as premiumisation bets pay off

The company has built a portfolio of eight to nine brands across whisky, gin, vodka and rum, spanning Indian and international categories; bollywood actor Ranveer Singh is a co-fou...

New Diageo boss 'Drastic' Dave Lewis planning major job cuts in bid to turn struggling drinks maker around

New Diageo boss 'Drastic' Dave Lewis plans major job cuts to turn the struggling drinks-maker around.

Up 11% in just a week! Is Diageo’s share price finally getting its fizz back?

Diageo's share price is fizzing again after years of underperformance. Has the turnaround finally begun at the battered FTSE 100 business? The post Up 11% in just a week! Is Diageo...

Diageo shares jump as 'Drastic Dave' unveils £740m cost-cutting drive

Dave Lewis, the former Tesco chief executive known as 'drastic Dave', will provide some clarity on his strategy, after reports that staff have been told of plans for considerable c...

Diageo Results Show Scotch Whisky Resilience in 2026

Diageo’s profits fell, but what do the numbers really say about scotch whisky demand and cask investment?